Management Accounting Lectures - Budgeting and Budgetary Control| ICAG|ACCA| CIMA - PART 1

Management Accounting Lectures- Budgeting and Budgetary Control | ICAG | ACCA | CIMA | CFA - PART 1| Nhyira Premium
This is originally a Facebook Livestream
In today's lecture, Nhyira explains the Principles of Budgeting and Budgetary Control and show how to prepare the flexible Budget.
In this lecture, you will learn the following:
what is a Budgeting
what is Budgeting
how to prepare a budget
how to prepare a flexible Budget
how to prepare cash Budget
Methods of Budgeting
cash Budget preparation
This video is for students writing Management Accounting, ACCA-UK f5 f2, CIMA, cfa.
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Nhyira Premium is a Trained and Certified Lecturer with many years of experience both in the Corporate World and the Education Industry. He is the Managing Partner at Premium Education Hub, LLC, the Creator of NHYIRAPREMIUMUNIVERISTY.COM, a published Author of thirteen (13) Business Books based on the ACCA - UK & ICAG professional qualification examination syllabi.
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Пікірлер: 21

  • @NhyiraPremium
    @NhyiraPremium4 жыл бұрын

    Thank you for watching this video. Become a VIP Member by Subscribing To My Channel goo.gl/Nw9WJU Check out these playlists also Accounting Standards Lectures kzread.info/head/PLr0o467TparV0dWblpCOnwN2oVHjmzpKx Management Accounting kzread.info/head/PLr0o467TparX-T2HRzbQHeL3GvdeQUjsQ Financial Management kzread.info/head/PLr0o467TparXJe7a9Kmh7XIkWCaFdRECO Public Sector Accounting and Finance kzread.info/head/PLr0o467TparUVByDsBSUzp4gz7FY-ZCiX Financial Reporting / Corporate Reporting kzread.info/head/PLr0o467TparV0dWblpCOnwN2oVHjmzpKx Strategic Case Study kzread.info/head/PLr0o467TparWm9hiAwhsmgzG1deg3ZjWk

  • @mondesitumbeko7385
    @mondesitumbeko73853 жыл бұрын

    Always awesome! Clear

  • @fodaykamara6484
    @fodaykamara6484 Жыл бұрын

    the concept of a participative style of budgeting in terms of the objectives of a budgetary control system

  • @bharathidilipan.t9486
    @bharathidilipan.t9486 Жыл бұрын

    Sir nice lecture Thank you

  • @funtobello4619
    @funtobello46193 жыл бұрын

    Ur lectures are way to pass plsssss am having difficulty in solving transfer pricing questions pls help

  • @evakiluwa8568
    @evakiluwa85683 жыл бұрын

    Discuss what is goal congruency and how can an organisation achieve it

  • @chitechiakinyi8678
    @chitechiakinyi86782 жыл бұрын

    Could you answer this question for me? Explain how the nature of mgt accounting helps in defining its role in mgt of resources of an organizations.. 2.Explain the features of responsibility Accounting B) Using a self selected illustration of an organizational function demonstrates the outcome and the meaning of responsibility assignment

  • @agnesnjeri255
    @agnesnjeri2552 жыл бұрын

    In marginal costing income statement, why do we use fixed cost yet we are told it only involves variable costs?

  • @malayinnocentia7143
    @malayinnocentia71432 жыл бұрын

    How to calculate EOQ and how to present a supply budget table

  • @silasodeny4733
    @silasodeny4733 Жыл бұрын

    Thank you so much! Would you please solve a question in which you are asked to prepare budgets for: 1)sales in quantity and value including total values 2)production quantities 3)material usage in quantities 4)material purchase in quantity and value including total value. Product. Quantity(units) Sales. A. 1000 B. 2000 C. 1500 Material usage in the company's products Material M1. M2. M3 Unit cost. sh400. 600. 900 Quantities used in M1(units)M2 M3 Product A. 4. 2. - Product B. 3. 3. 2 Product C. 2. 1. 1 Finished stocks. Product A B. C 1Jan. 1000. 1500. 500 31st Jan 1100. 1650. 550 Material stocks M1(units) M2. M3 1Jan. 26000. 20000. 12000

  • @victorakpama5215
    @victorakpama5215 Жыл бұрын

    Sir where can is find the continuation?

  • @comfortgyan4195
    @comfortgyan4195Ай бұрын

    There are three types of budget Which is Operating Budget I. Statistics budget II. Revenue budget Iii. Expenses Budget Cash budget So my question is how do we prepare the budget listed under the operating budget

  • @paulaforrester7058
    @paulaforrester7058 Жыл бұрын

    How do you flex the cost if it is a mixed cost, example fixed and variable cost

  • @NhyiraPremium

    @NhyiraPremium

    Жыл бұрын

    You must use the High and Low method to separate the cost elements and then flex the variable cost as fixed cost remains the same irrespective of the output level.

  • @emigabriel480
    @emigabriel4809 ай бұрын

    Does this video touch the various forms of budgeting

  • @emmanuelchandika9922
    @emmanuelchandika99222 жыл бұрын

    Am from zambia wat number do you use

  • @fridateke2913
    @fridateke29133 жыл бұрын

    In need of calculations, need exercises to solve

  • @martinlutherekwange196
    @martinlutherekwange1962 жыл бұрын

    assuming the actual budget and estimated budgets have the some level of output but in actual budget, the i teams cost is lower than budgeted. How do you make the variance analysis. And what explaination would it be ? ugandan thanks

  • @NhyiraPremium

    @NhyiraPremium

    2 жыл бұрын

    I don’t understand your question. Can you retype? Thank you

  • @evelyn_gh3322
    @evelyn_gh33222 жыл бұрын

    ?

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