Cost Accounting for Non-Accounting managers
Cost Accounting for Non-Accounting managers, available at Free, has an average rating of 5, with 9 lectures, based on 1 reviews, and has 325 subscribers.
You will learn about Understand the different categories on Manufacturing Costs Understand how a job order costing system works Complete a practice set of a n actual job costing sysytem This course is ideal for individuals who are Business managers or CMA students or Business students It is particularly useful for Business managers or CMA students or Business students.
Enroll now: Cost Accounting for Non-Accounting managers
Summary
Title: Cost Accounting for Non-Accounting managers
Price: Free
Average Rating: 5
Number of Lectures: 9
Number of Published Lectures: 9
Number of Curriculum Items: 9
Number of Published Curriculum Objects: 9
Original Price: Free
Quality Status: approved
Status: Live
What You Will Learn
- Understand the different categories on Manufacturing Costs
- Understand how a job order costing system works
- Complete a practice set of a n actual job costing sysytem
Who Should Attend
- Business managers
- CMA students
- Business students
Target Audiences
- Business managers
- CMA students
- Business students
This course is for managers or students who want a quick overview of cost accounting and who are not accountants.
What Is Cost Accounting?
Cost accounting is a form of managerial accounting that aims to capture a company’s total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a lease expense.
KEY TAKEAWAYS from this course
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Cost accounting is used internally by management in order to make fully informed business decisions.
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Unlike financial accounting, which provides information to external financial statement users, cost accounting is not required to adhere to set standards and can be flexible to meet the particular needs of management.
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Cost accounting considers all input costs associated with production, including both variable and fixed costs.
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Types of cost accounting include standard costing, activity-based costing, lean accounting, and marginal costing.
Cost Accounting vs. Financial Accounting
While cost accounting is often used by management within a company to aid in decision-making, financial accounting is what outside investors or creditors typically see. Financial accounting presents a company’s financial position and performance to external sources through financial statements, which include information about its revenues, expenses, assets, and liabilities. Cost accounting can be most beneficial as a tool for management in budgeting and in setting up cost-control programs, which can improve net margins for the company in the future.
Course Curriculum
Chapter 1: Overview of this course
Lecture 1: Overview of this course
Chapter 2: Introduction to management accounting and Job costing
Lecture 1: Management & Management accounting
Chapter 3: Know your Manufacturing Costs
Lecture 1: Manufacturing costs overview
Chapter 4: Summary of Manufacturing Costs & Intro Job Cost
Lecture 1: Summary of Manufacturing Costs & Intro Job Cost
Chapter 5: Traditional Cost Accounting Sysytems
Lecture 1: Job Costing Overview
Lecture 2: Job Costing System
Lecture 3: Questions on Job Costing
Lecture 4: Farook Job Costing Case Overview
Lecture 5: Farook Job Costing Case
Instructors
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Dr. John Daniel Mclellan
Professor of Management Accounting and Cantrol
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- 5 stars: 1 votes
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
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