Accounting for Managers
Master the language of business and make informed decisions with accounting knowledge
Accounting,Management Skills,Budgeting
Lectures -20
Duration -2 hours
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Course Description
This course provides an introduction to accounting principles and practices specifically designed for managers. It covers the essential concepts and techniques managers need to understand and interpret financial information to make informed business decisions. The course explores topics such as financial statements, budgeting, cost analysis, and financial decision-making.
Goals
What will you learn in this course:
- Learning Outcome 1
Acquire skills to analyze and interpret financial statements - Learning Outcome 2
Understand budgeting techniques and create effective budgets - Learning Outcome 3
Learn cost analysis methods and strategies for cost management - Learning Outcome 4
Develop financial decision-making abilities for better managerial decisions
Prerequisites
What are the prerequisites for this course?
- No Prerequisites
Curriculum
Check out the detailed breakdown of what’s inside the course
Accounting for managers
20 Lectures
- Introduction of the topic , details about the study plan,the course structure and the requirements 03:42 03:42
- Unit 1.1. Basic accounting review 03:29 03:29
- Unit 1.2. Accounting concepts 07:26 07:26
- Unit 1.2. Continuation of Accounting concepts 04:54 04:54
- Unit 2. Recording of transaction 03:24 03:24
- Unit 2.1. Real account,Unit 2.2. Nominal account,Unit 2.3. Trial balance 05:22 05:22
- Unit 2.3 Trial balance 02:52 02:52
- Unit 3.1. Sub-division of journal (Introduction) 03:19 03:19
- Unit 3.2. Cash book and Simple cash book 02:21 02:21
- Purchase and sales daybook ,Purchase and sales return book, Bills recievable books and bills payable books. 08:14 08:14
- Unit 3.5.Continuation of Bills payable books. 02:39 02:39
- Unit 4.1.Final account(Introduction)Unit 4.2.Balance sheet(meaning)Unit 9.1.Budgetary control 22:24 22:24
- Standard costing ,Variance analysis,Material Cost Variance, Material Price variance,Material usage or quantity variance 24:17 24:17
- Material sub-usage variance,Labor cost variance, Marginal costing and profit planning (Introduction). 08:43 08:43
- Unit 12.2 Differential Costing,Unit 12.3. Break even analysis,Unit 12.4. What is PV ratio,Utility of PV ratio 07:37 07:37
- Unit 13.1. Decision involving alternative choices ( Introduction) 03:05 03:05
- Decision involving alternative choices,Pricing decision (Introduction),Transfer pricing 10:50 10:50
- Unit-14-1-pricing-decision-introduction 03:35 03:35
- Uni 14.2. Transfer pricing 03:48 03:48
- Assignment part 05:38 05:38
Instructor Details
Human & Emotion Learning
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