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Managerial Accounting

Managerial accounting is a fundamental part of business education, incorporating some financial topics and finance concepts. It involves understanding how users internal to a firm or business consume information and make business judgements on a variety of analysis areas. At Stratfield Solutions, our focus is ensuring you have the right foundation to make the right decisions.

Cost Volume Profit (CVP) Pro Course

This course explains the area of managerial accounting called "Cost Volume Profit" or CVP for short. This area focuses on a company's contribution margin calculated from the selling price of a good and subtracting it's variable cost.

 

Topics Include: Contribution margin in both units and dollars, the breakeven point in dollars and units, desired profit to be made, the margin of safety, and as a bonus, the contribution margin ratio and a contribution margin income statement preparation problem.

 

Included in the course are:

 

  • 2+ hours of professionally recorded lectures

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  • 50+ practice problems

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  • Downloads and worksheets

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  • Simulated real world application of every knowledge area.

Bank Reconciliations Made Easy

This course explains the purpose of bank reconciliations and teaches simple methods to perform them quickly and accurately. Topics include common adjustments to both book and bank balances, tips and tricks to locate discrepancies and a full practice problem using a practical example.

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Included in the course are:

 

  • Half an hour of recorded lectures 

 

  • Full practice problem with download

 

  • Terminology and definitions

 

  • Complete details of calculations and;

 

  • Bonus journal entry lesson relative to the topic

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