Cost & Management Accounting

Accounting Lecture

• Introduction to management accounting 31:53

  • 1: Introduction Preview 03:04
  • 2: Cost unit & cost card 11:06
  • 3: Segmented cost 02:04
  • 4: Ethical principles 07:01
  • 5: Responsibility centres 05:14
  • 6: Test your learning 03:24

• Cost classification & cost behaviour 54:04

  • 7: Introduction 01:10
  • 8: Capital & revenue expenditure Preview 04:51
  • 9: Classification by function 06:42
  • 10: Cost behaviour 12:12
  • 11: High low method 12:26
  • 12: Test your learning 16:43

• Materials cost & inventory valuation 1:45:54

  • 13: Introduction 03:04
  • 14: Ordering & receiving raw materials 06:37
  • 15: Direct & indirect costs 03:57
  • 16: Inventory costs & control formulas 14:22
  • 17: Economic Order Quantity (EOQ) Preview 04:16
  • 18: Fifo, Lifo & Avco introduction 09:21
  • 19: Example of Fifo 09:19
  • 20: Example of Lifo 03:49
  • 21: Example of AVCO 05:04
  • 22: Activity 4 11:51
  • 23: Test your understanding 34:14

• Labour cost 1:10:18

  • 24: Introduction 01:32
  • 25: Overtime & premium 16:01
  • 26: Piecework System 05:44
  • 27: Bonus & Incentive scheme 13:05
  • 28: Recording labour costs 11:56
  • 29: Wages control account payroll 02:55
  • 30: Test your learning 19:05

• Allocation & apportionment 1:15:31

  • 31: Introduction 01:42
  • 32: Absorption 04:34
  • 33: Allocation & apportionment basics 09:04
  • 34: Illustration 1 10:48
  • 35: Activities on apportionment & allocation Preview 09:25
  • 36: Reapportionment 08:01
  • 37: Activities on reapportionment 07:06
  • 38: Test your learning 24:51

• Absorption costing 1:21:59

  • 39: Introduction 01:23
  • 40: Absorption cost basics 16:06
  • 41: OAR, Overhead absorption rate Preview 03:36
  • 42: Over & Under Absorption 09:49
  • 43: Activities on Over-Under absorption 10:12
  • 44: Accounting for overhead absorption 06:30
  • 45: Activity based costing (ABC) & Absorption costing 13:59
  • 46: Activity8 on ABC 14:25
  • 47: Test your learning 05:59

• Job, batch & service costing 23:23

  • 48: Job costing 12:10
  • 49: Batch & service costing 04:31
  • 50: Test your Learning 06:42

• Process costing-Losses 43:09

  • 51: Process cost with no loss 08:00
  • 52: Normal loss & scrap value 09:45
  • 53: Abnormal losses & gain 10:48
  • 54: Test your learning 14:36

• Process costing-WIP 41:32

  • 55: Equivalent units 03:51
  • 56: Different stages of completion 14:47
  • 57: Opening WIP using Fifo & Avco 09:47
  • 58: Activity 2 on FIFO & AVCO WIP 07:04
  • 59: Test your learning 06:03

• Fixed & flexible budget 46:13

  • 60: Fixed & Flexible budget explained 12:26
  • 61: Activities 22:51
  • 62: Test your learning Preview 10:56

• Variance analysis 25:51

  • 63: Fixed & flexible budget recap 12:50
  • 64: Investigating variances Preview 07:00
  • 65: Test your learning 06:01

• Cost bookkeeping 56:48

  • 66: Introduction 01:25
  • 67: Basic double entry of materials movement 05:38
  • 68: Production overhead 04:11
  • 69: Summary of cost bookkeeping double entry 03:20
  • 70: Coding journals 08:42
  • 71: Illustration 1, T accounts 18:04
  • 72: Test your learning 15:28

• Marginal costing 42:49

  • 73: Marginal cost & contribution 04:44
  • 74: Absorption Vs Marginal costing 05:59
  • 75: Activity 2 & 3 04:51
  • 76: AC vs MC effect on profit 10:05
  • 77: Activity 4 & 5 13:41
  • 78: Test your learning 03:29

• Short term decision making 46:29

  • 79: Break even point 08:15
  • 80: CS ratio 02:51
  • 81: Margin of safety Preview 02:08
  • 82: Target profit 02:08
  • 83: BEP & PV charts 04:25
  • 84: Limiting factor analysis 11:59
  • 85: Activity 6 & 7 10:14
  • 86: Test your learning 04:29

• Long term decision making 44:45

  • 87: Introduction 00:55
  • 88: Payback period 06:19
  • 89: Activity on payback) 03:51
  • 90: NPV 06:05
  • 91: NPV activities 08:52
  • 92: IRR 06:04
  • 93: Test your learning 12:39

• Text Book 01:00

  • 94: E-book link 01:00

• Revision lecture 01:00

  • 95: 3 Hours revision with exam tips & practice 01:00

• Management accounting complete playlist 01:00

  • 96: 22+ videos 01:00

• 1 Hour free accounting course 01:00

  • 97: Learn accounting within 1 hour course link 01:00

Your practice to pass course of MMAC Management Accounting Costing

*Comprehensive pre-recorded bite size hd video lectures using BPP materials.

*Videos are sequentially structured.

*Tutor support via phone, email & website.

*Course materials can be accessed online.

*Short quizzes.

*All questions and test your learnings covered from text book.

*15 hours of lectures in small videos.

*Guaranteed satisfaction & plenty of practice.

*Revision mock video.

*Social media Student community where thousands students getting help and sharing resources.

*Top AAT country leading tutor.

All you need to do is sit with a pen, paper & calculator, watch our videos, practice & pass.

• Anyone dealing with daily managerial accounting.
• AAT level 3 students.
• A businessman who wants to know more about management accounting system.
• Job seekers in Accounting & Bookkeeping.
• Aspiring accounting students who wants to gain a certificate in management accounting.
• Future NHS finance officers

No prior knowledge needed. The course starts with scratch.

After successful completion of this course, you may:

• Become a junior cost accountant.
• Become junior management accountant .
• Become NHS finance assistant.
• Pass AAT level 3 module MMAC.
• Join AAT level 4 or other professional accounting body.