This is a guide for students learning managerial accounting. This guide includes all the chapters in a managerial accounting class. This is also helpful for entrepreneurs who want to have a better understanding of their business.
This guide includes topics from a managerial accounting textbook. It covers topics for the following classes:
- managerial accounting
- principles of accounting 2
- cost accounting.
Want to learn financial accounting? See The Ultimate Guide to Learn Financial Accounting.
1 Cash Flows
2 Financial Statement Analysis
3 Introduction to Managerial Accounting
4 Job Costing
5 Process Costing
6 Activity-Based Costing
7 Cost-Volume-Profit and Cost Behavior
8 Variable Costing
9 Master Budgets
10 Flexible Budgets and Standard Costing
Standard prices times standard units equals standard costs. If the actual costs are above the standard, the variance is unfavorable. If the actual costs are less than the standard, the variance is favorable.
11 Responsibility Accounting
This video shows return on investment (ROI) and payback period to evaluate a company’s performance.