Master variance analysis, performance metrics and strategic decision making tools. Complete Guide and Practice Question.
Sub Category
- Accounting & Bookkeeping
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Objectives
- How to calculate and interpret a wide range of variances (sales price/volume, material/labor price/quantity, overhead spending/efficiency/volume, mix, and yield
- The design and application of responsibility accounting systems, including the evaluation of cost, revenue, profit, and investment centers using ROI and RI
- How to prepare and analyze segmented contribution margin reports, evaluate product/customer/division profitability, and understand the pitfalls of common cost
- Transfer pricing methods (market, cost-based, negotiated, dual-rate) and their strategic implications for goal congruence, performance evaluation, capacity
- The structure and implementation of the Balanced Scorecard, including how to create strategy maps, select aligned KPIs across four perspectives,
Pre Requisites
- Knowledge of accounting systems
FAQ
- Q. How long do I have access to the course materials?
- A. You can view and review the lecture materials indefinitely, like an on-demand channel.
- Q. Can I take my courses with me wherever I go?
- A. Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
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