Udemy

Platform

English

Language

Strategy

Category

Master Budgets – Managerial Accounting/Cost Accounting

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

4.57 (85 reviews)

25596

Students

24.5 hours

Content

Sep 2020

Last Update
$94.99
Regular Price


What you will learn

Managerial accounting concepts

Budget timing methods

Characteristics and tasks of the budget committee

Order of operations for a master budget

How to construct a sales budget

How to build a production budget

How to make a materials budget

How to construct a direct labor budget

How to build a factory overhead budget

How to make a general and administrative budget

How to put together a cash budget

How to constructed a budgeted cost of goods manufactured statement

How to build a cost of goods sold budget

How to make a budgeted income statement

How to make a budgeted balance sheet


Description

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.


Screenshots

Master Budgets – Managerial Accounting/Cost Accounting
Master Budgets – Managerial Accounting/Cost Accounting
Master Budgets – Managerial Accounting/Cost Accounting
Master Budgets – Managerial Accounting/Cost Accounting

Content

Introduction

Introduction

PDF - 105 Why Budget

105 Why Budget

PDF - 110 Budget Problems

110 Budget Problems

Multiple Choice 1

Accounting Comic Break

Managerial Accounting Overview

2 Managerial Accounting Overview

PDF - 10 Managerial Accounting Introduction

10 Managerial Accounting Introduction

PDF - 20 Cost Classifications

20 Cost Classifications

PDF - 30 Product Costs & Period Costs.

30 Product Costs & Period Costs.ENCODING

PDF - 40 Prime Costs & Conversion Costs

40 Prime Costs & Conversion Costs

PDF - 50 Manufacturer's Balance Sheet

50 Manufacturer's Balance Sheet

PDF - 60 Manufacturer's Income Statement

60 Manufacturer's Income Statement

PDF - 70 Manufacturing Activities Flow

70 Manufacturing Activities Flow

PDF - 80 Just In Time (JIT) Manufacturing

80 Just In Time (JIT) Manufacturing

PDF - 90 Job Cost Vs Process Cost

90 Job Cost Vs Process Cost

Multiple Choice 2

Accounting Comic Break

Budget Timing and Budget Committee

3 Budget Timing and Budget Committee

PDF - 115 Budget Timing

115 Budget Timing

PDF - 120 Budget Committee

120 Budget Committee

Accounting Comic Break

Sales Budget, Production Budget, & Materials Budget

4 Sales Budget, Production Budget, & Materials Budget

PDF - 210 Sales Budget, Production Budget, & Materials Budget

210 Sales Budget, Production Budget, & Materials Budget

Excel Worksheet Download

Worksheet - 210 Sales Budget, Production Budget, & Materials Budget

Excel Worksheet Download

Worksheet - 210 Sales Budget, Production Budget, & Materials Budget

Accounting Comic Break

Direct Labor, Factory Overhead, Selling, & General and Administrative Budgets

5 Direct Labor, Factory Overhead, Selling, & General and Administrative Budgets

PDF - 220 Direct Labor, Factory Overhead, Selling, General and Administrative

220 Direct Labor, Factory Overhead, Selling, General and Administrative

Excel Worksheet Download

Worksheet - 220 Direct Labor & Factory Overhead

Excel Worksheet Download

Worksheet - 225 Selling & Administrative Budget

Accounting Comic Break

Cash Budget

6 Cash Budget

PDF - 230 Cash Budget

230 Cash Budget

Excel Worksheet Download

Worksheet - 230 Cash Budget

Accounting Comic Break

Budgeted Cost of Goods Manufactured & Cost of Goods Sold

7 Budgeted Cost of Goods Manufactured & Cost of Goods Sold

PDF - 240 Budgeted Cost of Goods Manufactured & Cost of Goods Sold

240 Budgeted Cost of Goods Manufactured & Cost of Goods Sold

Excel Worksheet Download

Worksheet - 240 Budgeted Cost of Goods Manufactured & Cost of Goods Sold

Accounting Comic Break

Budgeted Income Statement

8 Budgeted Income Statement

PDF - 250 Budgeted Income Statement

250 Budgeted Income Statement

Excel Worksheet Download

Worksheet - 250 Budgeted Income Statement

Accounting Comic Break

Budgeted Balance Sheet

9 Budgeted Balance Sheet

PDF - 260 Budgeted Balance Sheet

260 Budgeted Balance Sheet

Excel Worksheet Download

Worksheet - 260 Budgeted Balance Sheet

Short Calculation Questions

Accounting Comic Break

Verify The Budget

10 Verify The Budget

Excel Worksheet Download

Worksheet - 270 Verify The Budget

Accounting Comic Break

Comprehensive Problem

11 Comprehensive Problem

Excel Worksheet Download

210 Sales Budget, Production Budget, & Materials Budget

215 Materials Budget

220 Direct Labor & Factory Overhead

225 Selling & Administrative Budget

230 Master budget, Cash Budget part 5

240 Budgeted Cost of Goods Manufactured & Cost of Goods Sold

250 Budgeted Income Statement

260 Budgeted Balance Sheet

270 Verify The Budgets

Accounting Comic Break



Reviews

I
Ibrahim2 August 2020

Instructer wasted valuable time on not very important concebits... He speed very quickly and keep repeat and repeat unnessary concpts that he already explanined before. All in all he presented very basic information , usefull only for students but not for profsionales...

D
Daniel8 February 2020

This course is well explained and touches on what the material is suppose to accomplish as much as the technical aspects of a budget.



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Expired8/26/2019100% OFF
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2328856

Udemy ID

4/19/2019

Course created date

8/26/2019

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