The 2022 Complete Masterclass On Managerial Cost Accounting

2022 Update - Learn Managerial Accounting (Cost Accounting) from an Accounting MBA with 20+ Years Experience!

What you'll learn
Learn From A Top Rated Instructor Who Has Been Teaching On Udemy Since 2013 and Taught Over 100,000 Students!
Cost Accounting Process
Direct and Indirect Costs
Variance and Budget Analysis
Process Costing
Job Costing
Inventory Counting
Inventory Valuation
And Much More!
Requirements
Basic accounting knowledge
Passion to learn Cost Accounting from an expert instructor
Commitment to learning
Description
Are You An Accounting Student, Accounting Manager, Controller or CFO?Do You Want To Learn How Managerial Cost Accounting Differs from Traditional Accrual Accounting?Do You Want To Take Your Knowledge Level of Managerial Cost Accounting To The Next Level?Does Job Costing, Process Costing, Direct Costs, Indirect Costs, WIP, Labor Costing and More All Confuse You?If You Answered "Yes" To Any Of The Above, Look No Further.  This Is The Course For You!*** Updated in January 2022 with new content! ***Enroll today and join the 100,000+ successful students I have taught as a Top Rated Udemy instructor!Three reasons to TAKE THIS COURSE right now:You get lifetime access to lectures, including all new lectures, assignments, quizzes and downloads You can ask me questions and see me respond to every single one of them thoroughly!  You will are being taught by a professional with a proven track record of success!Bonus reason: Udemy has a 30 day 100% money back guarantee if for some reason you don't enjoy the course!Recent Review:Aubrey T. says "Wow what can I say! Managerial Cost Accounting is such a big topic but Chris makes it easy to learn, fun to learn and gives the most useful information.  I went from knowing next to nothing to feeling like I have a great grasp on managerial and cost accounting now.  A must watch course!"Why You Should Take This Course:Cost Accounting (Managerial Accounting) is a specific genre of accounting which applies to many companies.  As accountants, we must be aware of the special accounting treatment and accounting rules that apply in a cost accounting situation.  With overhead, direct costs, indirect costs, labor and more to be factored in, the process of accurately tracking everything can get a bit overwhelming!In this course I'm here to help make sense of it all, and by the end you will be a cost accounting pro!  Become a cost and managerial accounting expert and accounting wizard with this course!! What We Cover In The Course:  What Is Cost Accounting?How Managerial Accounting differs from Accrual AccountingThe Flows of Costs in a Manufacturing EnvironmentControl Accounts and SubaccountsFixed vs Variable CostsCost-Volume-Profit AnalysisCost AssignmentDirect vs Indirect CostsDirect Materials and LaborIndirect Costs (Overhead)Job Order CostingProcess CostingActivity Based CostingBudgetingVariance AnalysisAnd Much More!!!At any point if you have a question, please feel free to ask through the course forum, I'd be happy to answer any and all questions.  ***CLICK "BUY NOW" AND LEARN EVERYTHING ABOUT MANAGERIAL COST ACCOUNTING! ***About The InstructorChris Benjamin, MBA & CFO is a seasoned professional with over 25 years experience in accounting, finance, financial reporting, and small business, and cost accounting management.  Having spent the first 10 years of my career in corporate settings with both large and small companies, I learned a lot about the managerial and cost accounting process, managing accounting departments, financial reporting, external reporting to board of directors and the Securities and Exchange Commission, and working with external auditors.  The following 10+ years I decided to go into CFO Consulting, working with growing companies and bringing CFO level experience to companies.  I help implement proper best business practices in accounting and finance, consult on implementation of accounting systems, implementing accounting procedures, while also still fulfilling the CFO roll for many of my clients which includes financial reporting, auditing, working with investors, financial analysis and much more.  Thank you for signing up for this course on Udemy. I look forward to being your instructor for this course and many more!Chris Benjamin, Instructor, CFO & MBA

Overview

Section 1: Introduction

Lecture 1 Course Introduction

Lecture 2 Instructor Introduction

Lecture 3 Udemy Course Review System

Lecture 4 Excel Basics - Formatting, Reports and Charts

Section 2: What Is Cost Accounting?

Lecture 5 What Is The Purpose of Cost Accounting?

Lecture 6 Cost Accounting In Different Types of Businesses

Lecture 7 The Flow of Costs in a Manufacturing Environment

Lecture 8 Control Accounts and Subaccounts

Section 3: Planning with Fixed and Variable Costs

Lecture 9 Fixed vs. Variable Costs

Section 4: Cost-Volume-Profit Analysis

Lecture 10 Contribution Margin

Lecture 11 Breakeven Analysis

Lecture 12 Reaching a Target Operating Income

Lecture 13 Contribution Margin Income Statement

Section 5: Cost Hierarchy: Product vs. Period Costs

Lecture 14 What is Cost Assignment?

Lecture 15 Direct vs. Indirect Costs

Section 6: Job Order Costing

Lecture 16 Job Order Costing vs Process Costing

Lecture 17 Job Order Cost Sheets

Lecture 18 Allocating Overhead

Lecture 19 Handling Surplus or Deficit Overhead Costs

Section 7: Process Costing

Lecture 20 The Process Costing Process

Lecture 21 Journal Entries In Process Costing

Section 8: Activity Based Costing

Lecture 22 The Activity Based Costing Process

Section 9: Budgeting & Variance Analysis

Lecture 23 The Budgeting Process

Lecture 24 The Sales Budget

Lecture 25 The Production Budget

Lecture 26 Direct Materials, Direct Labor, and Overhead Budgets

Lecture 27 Cost of Goods Sold Budget

Lecture 28 Budgeted Financial Statements

Lecture 29 Variance Analysis and Purpose

Section 10: Course Conclusion

Lecture 30 Course Conclusion

Lecture 31 2021 Entrepreneur Trends To Watch

Lecture 32 Recommended Next Steps

Accounting Students,Accountants Who Want To Learn New Skills,Accountants Who Want To Brush Up on Cost Accounting,Management Who Wants to Better Understand Cost Accounting