Best Cost Accounting Courses

Find the best online Cost Accounting Courses for you. The courses are sorted based on popularity and user ratings. We do not allow paid placements in any of our rankings. We also have a separate page listing only the Free Cost Accounting Courses.

Managerial Accounting / Cost Accounting

Managerial and cost accounting comprehensive course taught bay a practicing Certified Public Accountant (CPA)

Created by Robert (Bob) Steele - CPA, CGMA, M.S. Tax, CPI

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Students: 74755, Price: $109.99

Students: 74755, Price:  Paid

Comprehensive managerial and cost accounting course. Topics include:

· Job order costing

· Process costing

· Cost volume profit analysis

· Master Budgets

· Flexible Budgets

· Responsibility accounting

· Relevant costs

· Time value of money

This course will go into detail about each topic. We will include”

· Practice Excel files with both an answer tab and a practice tab

· Lecture PDF files that can be downloaded and reviewed without internet access

Managerial accounting skills are critical skills necessary for successfully running a business because they provide tools to make rational business decisions.

Master Budgets – Managerial Accounting/Cost Accounting

Master budget-Components & order of the master budget & examples of each part including budgeted financial statements

Created by Robert (Bob) Steele - CPA, CGMA, M.S. Tax, CPI

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Students: 30217, Price: $89.99

Students: 30217, Price:  Paid

Master budget construction, including demonstration problems, excel worksheets, practice test questions, discussion questions, and a comprehensive problem we work together using Excel in a step by step format.

The course will provide a managerial accounting overview, comparing managerial accounting and financial accounting, and providing essential managerial accounting tools we will need in the budgeting process.

We will discuss methods of budget timing and the pros and cons of each technique.

The course will discuss the characteristics and functions of the budget committee.

We will discuss the components of a master budget and break it out into its parts, listing the order that those components need to be completed in.

The course will discuss how to put together a sales budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

We will discuss how to put together a production budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

The course will discuss how to put together a materials budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

We will discuss how to put together a direct labor budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

The course will discuss how to put together a factory overhead budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

We will discuss how to put together a general and administrative budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

The course will discuss how to put together a cash budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

We will discuss how to put together a budgeted cost of goods manufactured statement and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

The course will discuss how to put together a budgeted cost of goods sold statement and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

We will discuss how to put together a budgeted income statement and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

The course will discuss how to put together a budgeted balance sheet and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with.

We will also go over a comprehensive problem in Excel so we can see all the components of the master budget and work through them in one place.

Process Costing System-Cost Accounting-Managerial Accounting

Process costing system-managerial accounting or cost accounting including equivalent unit calculation & journal entries

Created by Robert (Bob) Steele - CPA, CGMA, M.S. Tax, CPI

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Students: 26443, Price: $119.99

Students: 26443, Price:  Paid

Process costing system – Cost Accounting – Managerial Accounting

We will start by introducing managerial accounting or cost accounting topics that apply to companies that manufacture using either a job cost system or a process cost system.

The course will describe classifications for costs and the importance of being able to classify costs in different ways.

We will list and describe an outline of the process costs go through as they flow through the accounting process in a manufacturing company.

The course will compare the two major systems used to track inventory costs in a manufacturing company, the job cost system, and the process costs system. We will discuss when a company would use either a job cost system or a process cost system.

We will discuss the flow of inventory costs in a process cost system and track the process of costs related to raw materials, that then flow to work in process and factory overhead, to finished goods, and finally, are expensed in the form of cost of goods sold.

We will explain the concept of overhead and why it is needed, including the concept of actual overhead incurred and estimated overhead we apply to departments. The course will show how to calculate the predetermined overhead rate and how to use this rate to estimate overhead allocated to departments.

The course will record the journal entries related to costs as they flow through the process cost system including journal entries for the transfer of raw materials to work in process and factory overhead, the incurrence of direct and indirect wages, and other overhead costs. We will enter journal entries to allocate overhead to work in process and to transfer costs from department to department and finished goods. We will also enter journal entries to record sales transactions and related costs of goods sold.

We will calculate the cost per equivalent unit and assign costs to ending work in process and to amounts transferred out of departments using both a First In First Out (FIFO) method and a Weighted Average Method.

We will also discuss key terms and definitions related to a job cost system and how they are used in practice.

In addition to the instructional videos, this course will include:

• Downloadable PDF Files

• Excel Practice Files

• Multiple Choice Practice Questions

• Short Calculation Practice Questions

• Discussion Questions

The PDF files allow us to download reference information we can use offline and as a guide to help us work through the material.

Excel practice files will be preformatted so that we can focus on the accounting process and learning some of the basics of Excel, like addition, subtraction, and cell relationships.

Multiple choice example question helps us improve our test-taking skills by reducing the information into the size and format of multiple-choice questions and discussing how to approach these questions.

Short calculation questions help us reduce problems that have some calculation down to a short format that could be used in multiple choice questions.

Discussion Question will provide an opportunity to discuss these topics with the instructor and other students, a process many students find very helpful because it allows us to see the topic from different viewpoints.

Job Order Costing System – Managerial Accounting

Accounting for a job cost system presented by a practicing certified public accountant (CPA)

Created by Robert (Bob) Steele - CPA, CGMA, M.S. Tax, CPI

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Students: 22068, Price: $89.99

Students: 22068, Price:  Paid

Job cost system – Managerial Accounting

We will start by introducing managerial accounting or cost accounting topics that apply to companies that manufacture using either a job cost system or a process cost system.

The course will describe classifications for costs and the importance of being able to classify costs in different ways.

We will list and describe an outline of the process costs go through as they flow through the accounting process in a manufacturing company.

The course will compare the two major systems used to track inventory costs in a manufacturing company, the job cost system, and the process costs system. We will discuss when a company would use either a job cost system or a process cost system.

We will discuss the flow of inventory costs in a job cost system and track the process of costs related to raw materials, that then flow to work in process and factory overhead, to finished goods, and finally, are expensed in the form of cost of goods sold.

The course will list and describe key documents in the job cost system, documents that facilitate and help record the flow of costs in the system.

We will explain the concept of overhead and why it is needed, including the concept of actual overhead incurred and estimated overhead we apply to jobs. The course will show how to calculate the predetermined overhead rate and how to use this rate to estimate overhead allocated to jobs.

The course will record the journal entries related to costs as they flow through the job cost system including journal entries for the transfer of raw materials to work in process and factory overhead, the incurrence of direct and indirect wages, and other overhead costs. We will enter journal entries to allocate overhead to work in process and to close out finished jobs from work in process to finished goods. We will also enter journal entries to record the sale and related costs of finished jobs.

We will also discuss key terms and definitions related to a job cost system and how they are used in practice.

In addition to the instructional videos, this course will include downloadable  

•    Downloadable PDF Files  

•    Excel Practice Files  

•    Multiple Choice Practice Questions  

•    Short Calculation Practice Questions  

•    Discussion Questions  

The PDF files allow us to download reference information we can use offline and as a guide to help us work through the material.  

Excel practice files will be preformatted so that we can focus on the adjusting process and learning some of the basics of Excel, like addition, subtraction, and cell relationships.  

Multiple choice example question helps us improve our test-taking skills by reducing the information into the size and format of multiple choice questions and discussing how to approach these questions.  

Short calculation questions help us reduce problems that have some calculation down to a short format that could be used in multiple choice questions.  

Discussion Question will provide an opportunity to discuss these topics with the instructor and other students, a process many students find very helpful because it allows us to see the topic from different viewpoints.  

Who will we be learning from?  

You will be learning from somebody who has technical experience in accounting concepts and in accounting software like QuickBooks, as well as experience teaching and putting together curriculum.  

You will be learning from somebody who is a:  

•    CPA – Certified Public Accountant  

•    CGMA – Chartered Global Management Accountant  

•    Master of Science in Taxation  

•    CPS – Certifies Post-Secondary Instructor  

•    Curriculum Development Export  

As a practicing CPA the instructor has worked with many technical accounting issues and helped work through them and discuss them with clients of all levels.  

As a CPA and professor, the instructor has taught many accounting classes and worked with many students in the fields of accounting, business, and business applications.  

The instructor also has a lot of experience designing courses and learning how students learn best and how to help students achieve their objectives. Experience designing technical courses has also benefit in being able to design a course in a logical fashion and deal with problems related to technical topics and the use of software like QuickBooks Pro.  

Problems & Solutions in Cost Accounting

Unique course covering only Practice Problems in Cost Accounting

Created by Raja Natarajan, B.Com., PGDBA, FCA - Chartered Accountant

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Students: 17275, Price: $39.99

Students: 17275, Price:  Paid

Welcome to this course "Problems & Solutions in Cost Accounting"

As the name says, this course will cover only problems / case studies in Cost Accounting. It means, there will be no separate lectures for Theoretical Concepts. You are expected to know theoretical concepts before taking up this course.

Initially only following topics are published.

a) Problems on Economic Order Quantity

b) Problems on Inventory Levels

c) Problems on Stores Ledgers

d) Problems on Employees Cost

However, over a period of time, various other topics are also proposed to be included in the course. Hence, go through the course curriculum before purchasing and make your decision to buy only after ensuring, topics you require are covered in this course.

This course is structured in self paced learning style. This  course is presented in simple language with examples.

What are the pre-requisites for taking this course?

You should have basic knowledge of Cost Accounting. You would require  good internet connection for interruption free learning process.

Solve problems simultaneously to get better grip on the case studies.

See you inside the course. 

Managerial (Cost) Accounting For Beginners

Management accounting for managers and students. Learn managerial and cost accounting. #1 accounting course online.

Created by Stefan Ignatovski, Ph.D. - Award-Winning Professor, Investor and Entrepreneur

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Students: 6546, Price: $124.99

Students: 6546, Price:  Paid

  • Learn everything about Managerial Accounting in about 4 hours.


What are my students saying:

"I wish I would've found this course before I started failing accounting. Glass half full: at least I'm learning."

"This is fantastic. I was having trouble understanding my book and this video course is making more sense."

"Very helpful. It helped me learn cost accounting to get to advanced level."

"The quality of this course is amazing. It´is practical and also very good for grasping the accounting flows."

"It is quite a nice course. Videos are short and very descriptive. For every topic there is a short video that explains the concepts, and afterwards there are detailed videos with problem solving. I feel I have such a good understanding of the subject now. Thanks!"

"This is a lot easier to understand than other accounting courses I had seen so far. The professor doesn't use jargons making it easier for students like to understand it with ease."

"This is more lively than my managerial class and teacher. I am getting more from this course!"

"I am taking accounting for the first time and I am really having a hard time. This course made it so easy though. The quizzes are very practical too and I think I can use it more in the future. Very friendly course."

The most popular topics covered:

  • Job Order Costing
  • Process Costing (Equivalent units of production)
  • Activity Based Costing
  • Break Even
  • Margin of Safety
  • High Low Method
  • Variable Costing
  • Absorption Costing
  • Budgeting
  • Standard Costs
  • Residual Income
  • Relevant Costs
  • Time Value of Money
  • Net Present Value
  • Internal Rate of Return (IRR)

More about this course:

I believe that you should not fall asleep when learning something new. You need to be encouraged and excited instead. In order to be excited about learning, you need to understand easily. If you struggle to understand, of course you will fall asleep. I have implemented a new way of teaching. Animated videos which are easy to understand. Problem solving videos that teach you how to apply what you have learned. Learning has never been so exciting.

In this course you will find great tools used in business that will aid the decision-making process. You will be able to identify and use important accounting information, identify and analyze various alternatives (projects, investments), and choose the best.

In this course you will find everything explained with a video lecture. There are 2 types of video lectures. The first type is an animated (cartoon) video that breaks down the most difficult concepts used in business. The second type is a problem solving shared screen that will help you with the calculations and analysis, as well as your thinking process.

Depending on your commitment, this course can take you somewhere from a week to few weeks to complete. The curriculum is designed as such, so that you will retain the information you will receive.

Whether you are a business owner, manager, or a student, you will need this course. This course will provide you with great tools that will make your decisions much more informative and calculated.

Cost Accounting: Introduction to Management Accounting

Learn Cost Accounting for Management. Includes Process Costing, ABC Systems, Variance Analysis, Cash Budgets and more.

Created by David Burrell, BComm - Accounting & Finance Instructor, Economics Nerd

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Students: 4539, Price: $19.99

Students: 4539, Price:  Paid

Welcome to the Management Accounting Crash Course, which will provide you with 46 video lessons that span over 7 hours of content (including quizzes to help test your knowledge). Follow along as I explain the basics and fundamental concepts like cost drivers, the cost function, break-even points, journal entries, joint costing, budgets and more! 

Managerial Accounting is the study of internal financial information that can influence decision-making. It's the follow up course to Financial Accounting, that can prove to be more difficult for students. We designed the course to act as a perfect supplement for those taking Managerial/Management Accounting in University or College. We'll walk you through the theory, providing examples and questions that will keep you engaged.

The first part of the course will cover:

  • Cost Measurement and Cost Behavior

  • The Design of Cost Functions

  • Fixed Costs, Variable Costs and Mixed Costs

  • Break-Even Analysis

  • Handling Direct and Indirect Costs

The second part will cover:

  • Process Costing, and Production Reports using Weighted Average and FIFO.

  • Activity-Based Costing for Overhead Costs

  • Preparing Cash Budgets

  • Variance Analysis

  • Support Departments: Direct, Step-Down and Reciprocal Method

  • And much more!

HERE'S WHAT SOME STUDENTS OF HAVE TOLD ME ABOUT MY COURSE:

"I fully attribute me passing the BEC portion of the CPA exam from your videos. Without your easy to learn managerial accounting tutorials, I would never have understood the concepts. I especially thought your videos on variance analysis were exceptional. Thank you so much for everything!"  - Spencer S.

"Hi, I just wanted to say thank you for posting such great videos on YouTube. I believe that they were the reason I just passed my very difficult accounting exam! They were very easy to watch and easy to follow. I appreciate your work!"  - Alana M.

"This guy has the best Mgmt Accounting tutorial videos. He understands the concepts and can explain them in the easiest and most engaging way. Thank you." - Karen K.

"Great Course for being introduced to Fundamentals of Management Accounting. Dave does a good job at explaining concepts filled in with examples." - Imran S.

Cost Accounting and Financial Management – A Complete Study

Learn theory and practical concepts in Cost Accounting and Financial Management with loads of video lectures

Created by Raja Natarajan, B.Com., PGDBA, FCA - Chartered Accountant

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Students: 1747, Price: $89.99

Students: 1747, Price:  Paid

Note: This course may have several lectures reproduced from Financial Management A Complete Study Course and Cost Accounting A Comprehensive Study Course in addition to unique lectures created for this course. So, before buying compare other two courses with this course and take a calculated decision.

Welcome to the comprehensive ever course on

Cost Accounting and Financial Management A Complete Study

As the name suggests, this course is going to teach you both the Cost Accounting and Financial Management very comprehensively covering Definitions, Theories, Examples, Practice Problems, Lots of Case Studies for practice, Articles to facilitate better understanding, downloadable handouts for revision purposes, Quizzes, etc.

Course contents are delivered through Video lectures covering Talking head (where i appear on scree and take you through like class room teaching), screen cast and excel based videos for quantitative problems.

This course is meant for students aspiring to learn Cost Accounting and Financial Management for finance based professional course examinations like CA / CMA / CFA / CIMA / CS / MBA Finance / MS Finance, etc. Hence, academic oriented teaching approach has been adopted for this course.

This course will cover syllabus which will be equivalent to one semester / one year teaching in college / professional courses on Cost Accounting and Financial Management.

Following topics will be discussed in this course:

A) Financial Management:

a) Introduction to Financial Management (covering role of CFO,
difference between Financial Management, Accounting and other
disciplines)

b) Time Value of Money

c)
Financial Analysis through Ratios (covering ratios for performance
evaluation and financial health, application of ratio analysis in
decision making).

d) Financial Analysis through Cash Flow Statement

e) Financial Analysis through Fund Flow Statement

f) Cost of Capital of Business (Weighted Average Cost of Capital and Marginal Cost of Capital)

g) Capital Structuring Decisions (Capital Structuring Patterns,
Designing optimum capital structure, Capital Structure Theories).

h) Leverage Analysis (Operating Leverage, Financial Leverage and Combined Leverage)

I) Various Sources of Finance

j) Capital Budgeting Decisions (Payback, ARR, MPV, IRR, MIRR)

k) Working Capital Management (Working Capital Cycle, Cash Cost,
Budgetary Control, Inventory Management, Receivables Management,
Payables Management, Treasury Management)

B) Cost Accounting:

a) Basics of Costing Accounting

b) Material costing

c) Labour Costing

d) Overheads Costing

e) Standard Costing Techniques

f) Standard Costing Variances

g) Operating Costing

h) Marginal Costing

Get ready for deeper learning process and wish you a happy learning.

Cost and Managerial Accounting – Part 1

Understanding Costs for Successful Management of a Company

Created by Chris Severson - Accounting Professor, Training Manager, and Course Developer

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Students: 380, Price: $19.99

Students: 380, Price:  Paid

Accounting often referred to as the “language of business.” Whether you are going into management or actually going to be an accountant, you need to be familiar with the basics of accounting. This includes understanding the concepts of debits and credits, assets and liabilities, revenues and expenses, dividends and equity. From an investor’s perspective, the business results are communicated through the financial statements, including the income statement, statement of owner’s equity, balance sheet and statement of cash flow. These are all discussed in this course!

This course is for those students who have not had much (or any) experience in accounting and are looking to enhance their understanding of it, to either help pass a course or to enhance your business career. It is for anyone who may have felt lost in prior accounting courses and wants real life examples and a down to earth explanation, rather than something read word for word out of a textbook. Is this you? Then you are in the right place!

This course is taught by an instructor with over eleven years of training experience, including corporate training, face to face instruction, and online course development. In addition to the lectures and study material common to many other courses, this course also has a downloadable textbook/study note file, along with downloadable Excel templates paired with a lecture walking through the solution once you are done. To test your knowledge of the basic concepts we also have quizzes after each section to make sure you feel comfortable with the topic before moving on to the next one.

At the end of this course, you will have a better understanding of the mechanics of accounting, the concepts, and the goals of accounting in general. You will be able to pass that class!! Let’s get started!

Cost Accounting

Cost Accounting from Basics to Advanced - Including Case Studies

Created by Syed Muhammad Ali Shah - Teaching Accounting and Finance for Over Fifteen Years

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Students: 37, Price: $29.99

Students: 37, Price:  Paid

COURSE OVERVIEW
Costing is one of the most important and fundamental knowledge area in any business.  The ultimate objective of any business is supposed to be profit and certainly profit is a function of cost.  The success of a business does not solely depend on its revenue but also more importantly on how a business manages its costs. 

Businesses fail not due to lack of revenues but due to uncontrolled costs.  In order to control the business costs it is important to first understand the costs.  Costs lie within products, processes, systems, departments and activities.

DETAILED SYLLABUS (TOPIC LIST)

- Types of Costs – Cost Classification
- Cost Behavior
- Material Costs
- Case Study
- Labor Costs
- Costing for Overheads – Absorption Costing
- Case Study
- Marginal Costing
- Job, Batch and Service Costing
- Process Costing
- Case Study
- Costing for Joint and By Products
- Case Study
- Alternative Costing Techniques
- Activity Based Costing – ABC
- Case Study
- Target Costing
- Throughput Accounting
- Case Study
- Life Cycle Costing

ABOUT INSTRUCTOR
I am a qualified accounting and finance professional with over twenty years of professional experience. I have been teaching accounting and finance courses for over fifteen years and have taught more than twenty thousand delegates including students, young accountants, chief accountant and finance managers.