This course begins by defining management accounting, and describes the purposes for which the manager needs cost information. Next, the course examines the essentials of the product costing methods - job order costing, process costing, and also activity-based costing (ABC). The course continues by exploring cost behavior and cost-volume-profit analysis, including break-even analysis, and then focuses on budgeting and standard cost systems, responsibility accounting, and short-term and long-term investment decision making. Numerous graphics and examples are presented, as well as lists of computer software for ABC and budgeting.
Content Partner:
SmartPros Ltd.
SmartPros Ltd. is a leader in online and offline continuing education for
accounting, finance and engineering professionals. With over 2,000 hours of
content, SmartPros has been providing mandatory continuing education
products since 1981. SmartPros provides services and content to its
professional and corporate clients, in a variety of media including Web, CD
ROM, and video. In the accounting market, SmartPros also has a predominant
news and information portal which receives 200,000+ visits per month and
provides services to over 100,000 subscribers. SmartPros' customers include
50% of the Fortune 500, as well as the major firms and associations in each
of its professional markets.
Speaker / Author:
Steve Spafford is a CPA with DeltaCPE LLC, a national CPE provider.