Managerial Accounting and Cost Analysis Course

What is My Cost? Managerial Accounting and Product

CPA/CFF

CFE

CGFM

CIA

CMA

CPA (US)

CVA

CFA

IAP

QIAL

CIPM

CBA/MCBA

FPAC

IA LPA

ME LPA

DE LPA

Free (Only Today)

3.5 Credits

Subject Area

Accounting

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Course Description
Course Qualification
Presenter
FAQ

Course Description

In the fast-paced and competitive world of business, the ability to make well-informed, fact-based decisions is the cornerstone of success for any organization.
Whether you are an accountant or a business decision-maker, this comprehensive CPE Accounting Course is tailored to provide you with the knowledge and tools needed to navigate the intricacies of managerial accounting. Understanding and effectively managing costs is essential for sustainable growth, and this course aims to equip you with the expertise to do just that.
The use of job order costing, process costing, or activity-based costing as appropriate for the business can provide business managers with the tools and techniques they can use to analyze company performance as well as categorize and evaluate company product costs to make informed product decisions. Companies must have a good understanding of their costs to succeed. Managers within an organization can use managerial accounting as a basis for making informed, fact-based decisions. This course will cover managerial accounting concepts.
This CPE Course allows participants to become familiar with, or brush up on, basic concepts used to allocate product costs and analyze aspects of company performance.
Managerial accounting concepts covered in this course are:
Basic Concepts of Managerial Accounting: The differences between managerial and financial accounting, the various ways to classify costs, and presentation of inventory, as well as, the cost of goods within the Balance Sheet and Income Statement.
Job Order Costing and Analysis: The job order costing techniques used to allocate product costs to jobs/products in addition to the related journal entries and documents.
Process Costing and Analysis: The process order costing techniques used to allocate product costs to products along with the related journal entries and documents.
Activity-Based Costing and Analysis: Coverage of three activity-based costing methods for allocating product costs including: 1) Single factory-wide overhead rate method, 2) Department overhead rate method, and 3) Activity-based overhead costing method.

Learning Objectives

To recognize the differences between managerial and financial accounting, the various ways to classify costs, and the presentation of inventory and cost of goods within the Balance Sheet and Income Statement.
To identify the job order costing techniques used to allocate product costs to jobs/products along with the related journal entries and documents.
To analyze the process order costing techniques used to allocate product costs to products in addition to the related journal entries and documents.
To discuss the three activity-based costing methods for allocating product costs including: 1) Single factory-wide overhead rate method, 2) Department overhead rate method, and 3) Activity-based overhead costing method.

Course Qualification

Webinar Qualifies For

3.5 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
3.5 General Credit of Accounting for Accountant/Bookkeeper/Tax Professionals
3.5 CPD Credit of Accounting for CPA in Canada
3.5 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
3.5 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
3.5 CPE Credit of Financial Reporting for Certified Management Accountants (CMA)
3.5 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
3.5 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
3.5 PL Credit of Accounting for Chartered Financial Analyst (CFA)
3.5 CPE Credit of Accounting for Certified Government Financial Manager (CGFM)
3.5 CPE Credit of Accounting for Internal Audit Practitioner (IAP)
3.5 CPD Credit for Association of Chartered Certified Accountants (ACCA)
3.5 CPD Credit for Chartered Accountant - ICAEW
3.5 CPE Credit of Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
3.5 CE Credit of Financial accounting concepts for Certified FP&A Professional (FP&A)
3.5 CPE Credit of Accounting for Iowa Licensed Public Accountant (IA-LPA)
3.5 CPE Credit of Accounting for Qualification in Internal Audit Leadership (QIAL)
3.5 PL Credit of Accounting for CIPM
3.5 CPE Credit of Accounting for Maine Licensed Public Accountant (ME-LPA)
3.5 CPE Credit of Accounting for Delaware Licensed Public Accountant (DE-LPA)
3.5 CPD Credit for Chartered Accountants - Ireland (CAI)
3.5 CPD Credit for Chartered Accountants - Scotland
3.5 CPD Credit for CPA - Ireland

Additional details

Course Level :

Basic
Credits :

3.5
Pre-requisites :

None
Advance Preparation :

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Reid Conrad

Reid Conrad is a renowned CPA. With contagious enthusiasm, he engages audiences uniquely through text-based presentations. He is a distinguished renowned educator, and esteemed presenter in the realm of Accounting. With a passion that knows no bounds, Reid's presentations are infused with an infectious enthusiasm that captivates his audience.

Reid is a trailblazer in the field, sharing his knowledge exclusively through text-based formats. His mastery of the written word allows him to communicate complex Accounting concepts with exceptional clarity and precision, leaving a lasting impact on his audience's understanding.

About Company

CPE Academy

CPE Academy is an educational firm comprised of CPAs with experience in public accounting, industry, internal audit, and university teaching. The principals have more than 40 years of experience and their public accounting experience includes audits for both large and small CPA firms with several large publicly traded clients. Their industry experience includes home building and oil and gas accounting. Their internal audit experience includes process reviews, contract audits, agreed upon procedures, and regulatory engagements. Their university teaching includes a wide range of accounting, auditing, data analytics, and tax courses. With the unique combination of extensive corporate experience and university level teaching the firm is able to offer exceptional educational material.

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.
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Ratings and Review

4.5

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Jeffrey Mcgahren, CPA (US)

Always wanted to go back and get a refresher course in cost accounting even though I work in the public accounting realm. Enjoyed reading the entire course and it kept me engaged throughout.