what is cost accounting | full introduction to cost accounting | overview of cost | explained well
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- Опубліковано 1 жов 2024
- in this video, Firstly we are going to discuss about the Introduction of cost accounting.
Like the Definition and Overview of Cost Accounting.
And also the Importance of Cost Accounting.
Secondly we are going to discuss about the Cost Classification.
Like the meaning of Direct Costs, Indirect Costs, Variable Costs, Fixed Costs
And Semi-variable Costs.
Thirdly we are going to discuss about the Cost Accumulation and Allocation.
Like, the Job Order Costing
, The Process Costing
And lastly the Activity Based Costing.
Fourthly we are going to discuss about Cost Analysis.
Like, the cost Cost-Volume-Profit Analysis,
The Break-Even Analysis,
The Marginal Costing, the Standard Costing and lastly the Variance Analysis.
And also, we are going to discuss about Cost Control and Decision-Making.
Like the Cost Control Techniques,
The Cost Reduction Strategies,
And lastly the Cost-Based Decision-Making.
We are also going to discuss about Financial Statements and Cost Accounting.
Like the, Income Statement,
The statement of financial position, and lastly the Cash Flow Statement.
We are also going to discuss about the Importance of Cost Accounting in Different Industries.
Like, the Manufacturing Industry, The Service Industry, The Retail Industry, And lastly the Healthcare Industry.
And lastlywe are going to discuss about the Limitations and Challenges of Cost Accounting.
Like the Subjectivity and Estimations.
The Changings in Business Environments,
And lastly the Data Collection and Processing.
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The plan is good
But the video would have been better if all the explanations were written
Not everyone understands the accent
Good
Hope we'll get more videos on cost accounting 😊