Methods for preparing an income statement -Welcome to Cost Accounting - Profit and Loss Calculation
Course Overview
Introduce yourself!
Lecture slides for this course
Methods for preparing an income statement -Purposes of the income statement
Tasks of profit and loss calculation
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Methods for preparing an income statement -Methods for preparing an income statement
Nature of expense method
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Cost-of-sales method
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The triple bottom line
Absorption and variable costing-Income statements and financial accounting
Comparison of income statements and financial accounting
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Absorption and variable costing-Absorption and variable costing
Comparing operating income under absorption and variable costing
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Comparing operating income for multiple periods
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Incentives for undesirable buildup of inventory under absorption costing
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Contribution-margin accounting-Contribution-margin accounting
Simple contribution margin accounting
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Multi-leveled contribution margin accounting
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Contribution Margin: What, how, why?
Contribution-margin accounting-Congratulations on completing one course of the Cost Accounting Specialization
What do I learn in the other courses of the Specialization?