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Cost Volume Profit Analysis (CVP) – Managerial Accounting

Cost accounting-Cost Vile Profit Analysis (CVP) including contribution margin income statement & forecasting with CVP
4.8
4.8/5
(132 reviews)
38,819 students
Created by

8.9

Classbaze Grade®

7.9

Freshness

8.6

Popularity

9.7

Material

Cost accounting-Cost Vile Profit Analysis (CVP) including contribution margin income statement & forecasting with CVP
Platform: Udemy
Video: 22h 9m
Language: English
Next start: On Demand

Best Management Accounting classes:

Classbaze Rating

Classbaze Grade®

8.9 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness

7.9 / 10
This course was last updated on 8/2020.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Popularity

8.6 / 10
We analyzed factors such as the rating (4.8/5) and the ratio between the number of reviews and the number of students, which is a great signal of student commitment.

New courses are hard to evaluate because there are no or just a few student ratings, but Student Feedback Score helps you find great courses even with fewer reviews.

Material

9.7 / 10
Video Score: 10.0 / 10
The course includes 22h 9m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
The average video length is 7 hours 52 minutes of 54 Management Accounting courses on Udemy.
Detail Score: 9.5 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 9.5 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

0 article.
60 resources.
0 exercise.
0 test.

In this page

About the course

Managerial and cost accounting topics of cost volume profit analysis (CVP).
We will review managerial accounting concepts and the difference between managerial accounting and cost accounting.
The course will start out introducing our primary CVP tool, a contribution margin income statement. The contribution margin income statement will give us an idea of where we are going as we then zoom into more detail going forward, focusing on the nuances of each step in the process.
We will discuss the concept of mixed costs, why they are a problem, and different methods for dealing with them including a high low method and scatter diagram method.
The course will explain the brea-keven point in units and revenue, one of the foundational concepts of cost volume profit analysis (CVP), and one many other concepts are built from.
We will discuss forecasting using cost volume profit analysis (CVP). Projections into the future are one of the significant benefits that CVP provides.
The course will cover techniques to apply CVP analysis when there are multiple inventory products.
We will also discuss the concept of operating leverage, how it is calculated, and why it is useful.
The course will talk about assumptions that cost volume profit analysis makes and limitations to CVP analysis.
We will also work a comprehensive problem using Excel and step by step instructional videos.
The course will have many Excel worksheets to help us review topics. Excel worksheets generally include three tabs. One tab will have the completed problem so we can see the result. Another tab will have a preformatted worksheet where we can fill in the problem. The last tab will have a blank worksheet where we can build our own tables if we choose.

What can you learn from this course?

✓ How to use Cost Volume Profit Analysis (CVP)
✓ Managerial accounting and cost accounting concepts
✓ How to categorize costs by behavior
✓ How to prepare a contribution margin income statement
✓ How to calculate contribution margin, unit contribution margin, & contribution margin ratio
✓ How to calculate the break even point and the margin of safety
✓ How to forecast using CVP
✓ How to calculate operating leverage

What you need to start the course?

• An understanding of basic accounting terms

Who is this course is made for?

• Accounting students
• Business owners
• Anyone who whats to learn accounting

Are there coupons or discounts for Cost Volume Profit Analysis (CVP) – Managerial Accounting ? What is the current price?

The course costs $14.99. And currently there is a 82% discount on the original price of the course, which was $84.99. So you save $70 if you enroll the course now.
The average price is $16.2 of 54 Management Accounting courses. So this course is 7% cheaper than the average Management Accounting course on Udemy.

Will I be refunded if I'm not satisfied with the Cost Volume Profit Analysis (CVP) – Managerial Accounting course?

YES, Cost Volume Profit Analysis (CVP) – Managerial Accounting has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any financial aid for this course?

Currently we could not find a scholarship for the Cost Volume Profit Analysis (CVP) – Managerial Accounting course, but there is a $70 discount from the original price ($84.99). So the current price is just $14.99.

Who will teach this course? Can I trust Robert (Bob) Steele?

Robert (Bob) Steele has created 126 courses that got 28,621 reviews which are generally positive. Robert (Bob) Steele has taught 572,608 students and received a 4.4 average review out of 28,621 reviews. Depending on the information available, we think that Robert (Bob) Steele is an instructor that you can trust.
CPA, CGMA, M.S. Tax, CPI
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.    
Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).    
Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.    
In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.   
Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.    
Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.   
Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.    
Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.   
The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.    
Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy.
Browse all courses by on Classbaze.

8.9

Classbaze Grade®

7.9

Freshness

8.6

Popularity

9.7

Material

Platform: Udemy
Video: 22h 9m
Language: English
Next start: On Demand

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