Responsibility Accounting & Performance Measurement

Managerial accounting tools of responsibility accounting and other performance measures related to decentralization Responsibility accounting & performance measures. We will describe the concept of decentralization, how it applies to businesses, and the pros and cons of a more decentralized organization…

Flexible Budgets, Standard Costs, & Variance Analysis

Managerial & cost accounting tools – Variance analysis, standard costs, & flexible budgets for better business decisions Managerial & cost accounting tools The course will introduce managerial accounting topics that will be used throughout the course, contrasting managerial accounting to…

Master Budgets – Managerial Accounting/Cost Accounting

Master budget-Components & order of the master budget & examples of each part including budgeted financial statements Master budget construction, including demonstration problems, excel worksheets, practice test questions, discussion questions, and a comprehensive problem we work together using Excel in…

Cost Volume Profit Analysis (CVP) – Managerial Accounting

Cost accounting-Cost Vile Profit Analysis (CVP) including contribution margin income statement & forecasting with CVP Managerial and cost accounting topics of cost volume profit analysis (CVP). We will review managerial accounting concepts and the difference between managerial accounting and cost…

Process Costing System-Cost Accounting-Managerial Accounting

Process costing system-managerial accounting or cost accounting including equivalent unit calculation & journal entries Process costing system – Cost Accounting – Managerial Accounting We will start by introducing managerial accounting or cost accounting topics that apply to companies that manufacture…

Relevant Costs – Managerial Accounting Decisions & Scenarios

Common managerial accounting decisions analyzed using relevant cost methods that can apply to all large decisions Apply relevant cost methods to common managerial decisions. Managers often need to make decisions that are not routine, not part of the normal day…

Job Order Costing System – Managerial Accounting

Accounting for a job cost system presented by a practicing certified public accountant (CPA) Job cost system – Managerial Accounting We will start by introducing managerial accounting or cost accounting topics that apply to companies that manufacture using either a…