Intro to Managerial Accounting

Provided by: ToolingU

This class explains the basics of managerial accounting and how this information helps a manager make informed decisions.

Course Objectives:

  • Define managerial accounting
  • Distinguish between internal and external accounting
  • Describe the roles of external rules and GAAP in managerial accounting
  • Describe how managerial accounting can help with planning and directing
  • Describe how managerial accounting can help with motivating and controlling
  • Distinguish between process costing and job-order costing
  • Explain a job detail report
  • Explain a bill of materials
  • Explain an item engineering costing report
  • Explain a manufacturing order variance report
  • Describe the role of a Chief Financial Officer
  • Explain the competence and confidentiality code of conduct for managerial accountants
  • Explain the integrity and objectivity code of conduct for managerial accountants.

Recommended Background

  • Recommended for anyone currently in a leadership / managerial role or aspiring to become one.

Course ID


Skill Focus

Smart Business



Employee Type

Leadership, Change leaders

Method of Delivery


Estimated Effort

1.5 hrs



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