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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Always awesome! Clear
the concept of a participative style of budgeting in terms of the objectives of a budgetary control system
Sir nice lecture Thank you
Ur lectures are way to pass plsssss am having difficulty in solving transfer pricing questions pls help
Discuss what is goal congruency and how can an organisation achieve it
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
In marginal costing income statement, why do we use fixed cost yet we are told it only involves variable costs?
How to calculate EOQ and how to present a supply budget table
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
Sir where can is find the continuation?
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
How do you flex the cost if it is a mixed cost, example fixed and variable cost
@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.
Does this video touch the various forms of budgeting
Am from zambia wat number do you use
In need of calculations, need exercises to solve
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
2 жыл бұрын
I don’t understand your question. Can you retype? Thank you
?