DiscoverBusy Accountant - The Best Books ReviewsManagerial Accounting Concepts and Applications
Managerial Accounting Concepts and Applications

Managerial Accounting Concepts and Applications

Update: 2025-12-24
Share

Description


These texts explain key concepts in managerial accounting, including cost classification (product vs. period costs), different cost accounting systems (job order and process costing), and methods for allocating manufacturing overhead, such as traditional methods and activity-based costing (ABC). They introduce essential analytical tools like cost-volume-profit (CVP) analysis for understanding relationships between costs, sales, and profitability, and incremental analysis for making business decisions by focusing on relevant costs and benefits. The sources also cover important planning and control mechanisms like budgeting, standard costing, and variance analysis, discussing how these are used for performance evaluation. Finally, they touch upon financial analysis techniques like capital budgeting, the analysis of the statement of cash flows, and various financial statement ratios used to assess a company's performance and financial health.

Full podcast episode available here:

YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR //

Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O //

Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 —

Follow us for more insights & updates:

Instagram: https://www.instagram.com/busy_proffesional/ —

TikTok: https://www.tiktok.com/@busyprofessional

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Managerial Accounting Concepts and Applications

Managerial Accounting Concepts and Applications

Busy professional