CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Accounting for Managers

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Self-Study
Icon_Level
Overview
Credits
CPE Credits
18 Credits: Accounting

Course Materials

Below are the materials for Accounting for Managers.

Accounting for Managers (pdf)

Course Description

Managers are constantly confronted with situations in which they need to make decisions based on information originating in the accounting department. In Accounting for Managers, we explore the accounting information available to managers, and how the information can be employed to improve operational and financial results. Topics covered include the creation and use of financial statements, responsibility centers, relevant accounting standards, decision making issues in specific functional areas, and a variety of analysis tools.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Cite the types of accounting transactions and where they are recorded, as well as the roles of the controller and chief financial officer.

Chapter 2

  • Specify the different accounting principles and sub-ledger types, as well as the structure of the general ledger, and the reasons for the accounting cycle.

Chapter 3

  • Identify the types of financial statements and their reporting formats, as well as their users.

Chapter 4

  • State the types of ratio analysis used to interpret the financial statements, the uses of each one, and their contents.

Chapter 5

  • Specify the uses to which different account code structures can be put, and the different types of responsibility centers.

Chapter 6

  • Cite the proper accounting for loss contingencies, compensated absences, research and development, acquired software, and stock-based compensation.

Chapter 7

  • Specify how the contribution margin, breakeven levels, and margin of safety can be calculated and how they are used, as well as the determinants of demand.

Chapter 8

  • Identify the types of payroll systems, the uses of the different pay codes, the types of deposit schedules, the criteria for designating a person as an employee, and the penalties associated with payroll tax underpayment.

Chapter 9

  • State the nature of the analysis methods used to examine possible investments, as well as the advantages of each one.

Chapter 10

  • Specify the features of the various acquisition structures and the benefits to be gained from each one, as well as the nature of appraisal rights.

Chapter 11

  • Identify the limitations of direct cost analysis and the components of an activity-based costing analysis.

Chapter 12

  • Itemize the activities that can be pursued to achieve a target cost when designing a new product, as well as the sources of the required cost analysis information.

Chapter 13

  • State the main features of a system of constraint analysis, and how this system can be used to improve profits.

Chapter 14

  • Specify the methods used to derive estimates for a budget, the impact of operational changes on a budget, and how information rolls up through the various subsidiary-level budgets. Also note the calculation methods used to derive production and labor budgets.

Chapter 15

  • Identify the types of variances, the factors that can trigger different types of variances from the expected amounts, and also note the reports used to reveal variance information.

Course Specifics

Course ID
1163388
Revision Date
April 23, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …

Steven M. Bragg, CPA Read More »

Accounting for Managers

Expert Instructors
Format
CPE CREDITS
18 Credits: Accounting

$396.00$436.00

Clear
You purchased this course on:
2019-02-20 03:29:00
2019-02-22 05:29:00
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
18 Credits: Accounting

Course Materials

Below are the materials for Accounting for Managers.

Accounting for Managers (pdf)

Course Description

Managers are constantly confronted with situations in which they need to make decisions based on information originating in the accounting department. In Accounting for Managers, we explore the accounting information available to managers, and how the information can be employed to improve operational and financial results. Topics covered include the creation and use of financial statements, responsibility centers, relevant accounting standards, decision making issues in specific functional areas, and a variety of analysis tools.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Cite the types of accounting transactions and where they are recorded, as well as the roles of the controller and chief financial officer.

Chapter 2

  • Specify the different accounting principles and sub-ledger types, as well as the structure of the general ledger, and the reasons for the accounting cycle.

Chapter 3

  • Identify the types of financial statements and their reporting formats, as well as their users.

Chapter 4

  • State the types of ratio analysis used to interpret the financial statements, the uses of each one, and their contents.

Chapter 5

  • Specify the uses to which different account code structures can be put, and the different types of responsibility centers.

Chapter 6

  • Cite the proper accounting for loss contingencies, compensated absences, research and development, acquired software, and stock-based compensation.

Chapter 7

  • Specify how the contribution margin, breakeven levels, and margin of safety can be calculated and how they are used, as well as the determinants of demand.

Chapter 8

  • Identify the types of payroll systems, the uses of the different pay codes, the types of deposit schedules, the criteria for designating a person as an employee, and the penalties associated with payroll tax underpayment.

Chapter 9

  • State the nature of the analysis methods used to examine possible investments, as well as the advantages of each one.

Chapter 10

  • Specify the features of the various acquisition structures and the benefits to be gained from each one, as well as the nature of appraisal rights.

Chapter 11

  • Identify the limitations of direct cost analysis and the components of an activity-based costing analysis.

Chapter 12

  • Itemize the activities that can be pursued to achieve a target cost when designing a new product, as well as the sources of the required cost analysis information.

Chapter 13

  • State the main features of a system of constraint analysis, and how this system can be used to improve profits.

Chapter 14

  • Specify the methods used to derive estimates for a budget, the impact of operational changes on a budget, and how information rolls up through the various subsidiary-level budgets. Also note the calculation methods used to derive production and labor budgets.

Chapter 15

  • Identify the types of variances, the factors that can trigger different types of variances from the expected amounts, and also note the reports used to reveal variance information.

Course Specifics

Course ID
1163388
Revision Date
April 23, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …

Steven M. Bragg, CPA Read More »

Accounting for Managers

Expert Instructors
Format
CPE CREDITS
18 Credits: Accounting
You purchased this course on:
2019-02-20 03:29:00
2019-02-22 05:29:00

$396.00$436.00

Clear