Managerial Accounting

0 ( 0 ratings ) 1 students enrolled
Created on 2020-09-02 02:43:50 Last updated on 2020-09-21 14:45:49 English
What i will learn?
  • At the end of this program, students should be competent in the following areas:

    1.         Explain the various functions of a management accounting system, and its relationship to both cost accounting and financial accounting
    2.         Understand, and apply cost terms and concepts. Distinguish between the effect and implications of cost behaviour analysis
    3.         Develop functional analyses of cost-volume-profit and break-even concepts, and their implications
    4.         Distinguish between job order costing, and process costing systems
    5.         Describe and appraise the methodologies of cost accumulation for stock valuation and profit measurements
    6.         Understand the advantages and disadvantages of absorption and variable costing, in the context of decision-making, planning, and control
    7.         Understand the various types of variances and their impact on standard costing
    8.      Understanding, and preparation of budgets; Master, Production, Cash, and Flexible

Lessons for this course
31 Units
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