Budgeting & Standard (AIR,Ex- KPMG) : ACCA | CA | CIMA | PG

Most simplified standard costing and budgeting.

4.20 (82 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
instructor
3,000
students
1.5 hours
content
Apr 2020
last update
FREE
regular price

What you will learn

Costing

ACCA

association of chartered certified accountants

CIMA Course (Chartered Institute of Management Accountants)

Post graduation

Graduates

Financial Management

Costing

Latest course

cost conceptual

ACCA F5 Performance Management

ACCA APM Advanced Performance Management

ACCA Costing

Chartered Accountants

Cost accountants

Description

This very short course will be focusing on budgeting, standard costing and variance analysis.

We have created the most simplified video explanation explaining these topics, we will be learning : 

How to prepare budgets and aspects to consider.

Fixed, flexible, incremental, rolling, zero-based and activity based budgeting.

Quantitative analysis tools.

Basics of standard costing, relationship with budgeting and types of standards.

Understanding variance formulas and calculation.

Concept of mix and yield variances and understanding through an example.

References based on which to analyze variances and explanation of operating statement.

How to calculate and interpret planning and operational variances. Principle of controllability.

Additional aspect to consider with respect to budgets and standards.



Content

Budgeting and Standard Costing

Budgetary Process and Additional Aspect
Different Approaches to Budgeting
High Low and Learning Curve

Introduction to Standard Costing

Introduction to Standard Costing
How to Calculate Variances?
Mix and Yield Variances
Analyzing Variances & Operating Statements
Planning and Operational Variances
Behavioral Aspects of Budgeting and Standards

Screenshots

Budgeting & Standard (AIR,Ex- KPMG) : ACCA | CA | CIMA | PG - Screenshot_01Budgeting & Standard (AIR,Ex- KPMG) : ACCA | CA | CIMA | PG - Screenshot_02Budgeting & Standard (AIR,Ex- KPMG) : ACCA | CA | CIMA | PG - Screenshot_03Budgeting & Standard (AIR,Ex- KPMG) : ACCA | CA | CIMA | PG - Screenshot_04

Reviews

Wezi
February 21, 2022
Explanations are clear and relatable and examples given can be easily applied to what budgeting is all about and how/ when we can apply certain behaviors and tactics to when we are creating and implementing a budget .
Kamrun
December 15, 2020
very informative and helped to grasp alot of the complex jargons used in accounting. The trainer went over and beyond to explain everything thoroughy. Thank you
Chaithanya
August 15, 2020
It was good and a great start to practice what is taught in this course, Reading the text after this course would help in getting more clarity.

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Rating

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3036948
udemy ID
4/22/2020
course created date
5/1/2020
course indexed date
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course submited by