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15 Week MBA Level - Financial and Managerial Accounting

person icon Chris Severson

4.4

15 Week MBA Level - Financial and Managerial Accounting

Let's learn the basics of accounting

updated on icon Updated on May, 2024

language icon Language - English

person icon Chris Severson

category icon Financial Accounting,Cost Accounting,Financial budgeting and analysis

Lectures -98

Resources -72

Duration -11 hours

4.4

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Course Description

In this course, we will cover several accounting topics related to both financial and managerial accounting. This course is geared towards those students entering MBA programs without a background in accounting, so no experience in accounting is required. However, the course would be useful to anyone wanting to learn more about these accounting topics. 

We will spend the first 2/3 of the course going through financial accounting and the last 3rd going through managerial accounting. We will cover topics such as financial accounting concepts, the difference between financial and managerial accounting, journal entries, normal balances of accounts, posting to the T account and general ledger, unadjusted and adjusted trial balances, income statement, balance sheet, statement of cash flows, statement of owners equity, cash and the bank reconciliation, current assets, inventory, long term assets and depreciation, warranties, bonds, stock, equity, and dividends, budgeting, standard costs and variance analysis, relevant costs and special decisions. 

This course will include one or more videos for each module. There will also be text materials covering each of the topic. For practice, there will be quizzes along the way, as well as a final exam to test your understanding of the materials. 

I look forward to working with you throughout the course!

Who this course is for:

  • This course is MBA level students that are not interested in going into accounting, but still need to learn about the basics of financial and managerial accounting.

Goals

What will you learn in this course:

  • Learn about financial accounting

  • Learn about managerial accounting

  • Understand the differences between financial and managerial accounting

Prerequisites

What are the prerequisites for this course?

  • This is an introductory level accounting course, therefore no prerequisites are needed.

15 Week MBA Level - Financial and Managerial Accounting

Curriculum

Check out the detailed breakdown of what’s inside the course

Module 1 - Intro to Financial Accounting
8 Lectures
  • play icon Module 1 - Part 1 Video - Intro to Financial Accounting Concepts 27:03 27:03
  • play icon Module 1 - Part 2 Video - Intro to Financial Accounting Concepts 16:24 16:24
  • play icon Introduction to Accounting – History and Needs of Users
  • play icon Different Classifications of Accounting and Careers Within Them
  • play icon History of Accounting
  • play icon Accounting Concepts and Principles
  • play icon Four Core Financial Statements in Order of Creation
  • play icon Basic and Expanded Accounting Equation
Module 2- Mechanics of Bookkeeping and Accounting
8 Lectures
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Module 3 - Current Assets (Cash, Accounts Receivable, Inventory, etc.)
7 Lectures
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Module 4 - Long Term Assets and Depreciation
9 Lectures
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Module 5 - Current and Long Term Liabilities
7 Lectures
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Module 6 - Stock, Equity, and Dividends
6 Lectures
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Module 7 - Revenue Recognition and the Income Statement
4 Lectures
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Module 8 - Cash Flow Statement
6 Lectures
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Module 9 - Financial Statement Analysis
6 Lectures
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Module 10 - Financial Accounting Wrap-up
1 Lectures
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Module 11 - Managerial Accounting and Cost
6 Lectures
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Module 12 - Managerial Accounting and Cost
7 Lectures
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Module 13 - Managerial Accounting and Budgeting
10 Lectures
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Module 14 - Standard Costing and Variance Analysis
5 Lectures
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Module 15 - Managerial Accounting and Special Decisions
8 Lectures
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Instructor Details

Chris Severson

Chris Severson

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