Summary Lectures Accounting 2
Table of Contents
Lecture 1 .................................................................................................................................................. 3
Chapter 1 The accountant’s role in the organisation .......................................................................... 3
Chapter 2 An introduction to cost terms and purposes...................................................................... 3
Chapter 3 Job Costing Systems............................................................................................................ 4
Lecture 2 .................................................................................................................................................. 5
Chapter 4 Process Costing Systems ..................................................................................................... 5
Chapter 5 Cost allocation systems ...................................................................................................... 6
Lecture 3 .................................................................................................................................................. 7
Chapter 11: Product Costing ............................................................................................................... 7
Chapter 6 Joint Cost Allocation ........................................................................................................... 8
Lecture 4 .................................................................................................................................................. 9
Chapter 10 Relevant information for decision making ....................................................................... 9
Chapter 12 Pricing, target costing and customer profitability analysis .............................................. 9
Chapter 20 Quality and throughput concerns in managing costs ....................................................... 9
Lecture 5 ................................................................................................................................................ 11
Chapter 21 Accounting for just-in-time............................................................................................. 11
Chapter 19 Control systems and performance measurement.......................................................... 12
Lecture 6 ................................................................................................................................................ 13
Chapter 14 Motivation, budgets and responsibility accounting ....................................................... 13
Chapter 15 Flexible budgets, variances and management control ................................................... 15
Lecture 7 ................................................................................................................................................ 16
Chapter 16 Flexible budgets, variances, and management control .................................................. 16
Chapter 17 Yield & mix variances for inputs, sales quantity & mix variances for revenues ............. 16
Lecture 8 ................................................................................................................................................ 18
Chapter 7: Absorption vs. variable costing........................................................................................ 18
Lecture 9 ................................................................................................................................................ 18
Chapter 8: CVP-analysis (break-even) ............................................................................................... 18
Chapter 9: Determining your cost function....................................................................................... 18
Lecture 10 .............................................................................................................................................. 19
Table of Contents
Lecture 1 .................................................................................................................................................. 3
Chapter 1 The accountant’s role in the organisation .......................................................................... 3
Chapter 2 An introduction to cost terms and purposes...................................................................... 3
Chapter 3 Job Costing Systems............................................................................................................ 4
Lecture 2 .................................................................................................................................................. 5
Chapter 4 Process Costing Systems ..................................................................................................... 5
Chapter 5 Cost allocation systems ...................................................................................................... 6
Lecture 3 .................................................................................................................................................. 7
Chapter 11: Product Costing ............................................................................................................... 7
Chapter 6 Joint Cost Allocation ........................................................................................................... 8
Lecture 4 .................................................................................................................................................. 9
Chapter 10 Relevant information for decision making ....................................................................... 9
Chapter 12 Pricing, target costing and customer profitability analysis .............................................. 9
Chapter 20 Quality and throughput concerns in managing costs ....................................................... 9
Lecture 5 ................................................................................................................................................ 11
Chapter 21 Accounting for just-in-time............................................................................................. 11
Chapter 19 Control systems and performance measurement.......................................................... 12
Lecture 6 ................................................................................................................................................ 13
Chapter 14 Motivation, budgets and responsibility accounting ....................................................... 13
Chapter 15 Flexible budgets, variances and management control ................................................... 15
Lecture 7 ................................................................................................................................................ 16
Chapter 16 Flexible budgets, variances, and management control .................................................. 16
Chapter 17 Yield & mix variances for inputs, sales quantity & mix variances for revenues ............. 16
Lecture 8 ................................................................................................................................................ 18
Chapter 7: Absorption vs. variable costing........................................................................................ 18
Lecture 9 ................................................................................................................................................ 18
Chapter 8: CVP-analysis (break-even) ............................................................................................... 18
Chapter 9: Determining your cost function....................................................................................... 18
Lecture 10 .............................................................................................................................................. 19
