What is Managerial Accounting and How Does it Differ from Financial Accounting?

Snyderr

When starting a business, all the paperwork and accounting may seem daunting. No matter how large or small your business is, managerial accounting will help you gain profit. So what’s managerial accounting, and why is it crucial for small business owners?

What professional accounting certifications might an accountant earn?

Wendy Tietz

In the United Stated, accountants have a variety of certifications from which to choose to enhance their skill sets and further their career prospects. Some of these certifications are: Certified Public Accountant (CPA) Certified Management Accountant (CMA) Chartered Global Management Accountant (CGMA) Certified Internal Auditor (CIA) Certified Fraud Examiner (CFE) View a quick tutorial video […].

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A job cost mini-dashboard for a quick data analytics exercise

Wendy Tietz

Looking for a quick data analytics exercise for introductory managerial accounting? Ch 03 Job Costing Data analytics Managerial accounting dashboard job cost job costing managerial accounting; teaching accounting

New! Beginning Data Cleaning (ETL) & Analytics Project for Excel: KAT Concession Supply

Wendy Tietz

Just posted this project on the other blog I co-author, Accounting Is Analytics. I am really excited about this project – it introduces accounting students to basic data cleaning and analytics concepts using Excel.

A financial statement analysis mini-dashboard for a quick data analytics exercise

Wendy Tietz

Looking for a quick data analytics exercise for financial statement analysis in an introductory accounting class? You can give your students the link for this financial statement analysis dashboard and then ask a series of questions.

What impact does the rising cost of avocados have on Wholly Guacamole’s variances?

Wendy Tietz

Ch 11 Standard Costs and Variances Managerial accounting direct material price variance direct material quantity variance labor efficiency variance labor rate variance managerial accounting; standard costing standard costs teaching accounting variance analysis

30-minute webinar on Google Sheets data cleaning project this Tuesday, July 19, 1 pm Eastern

Wendy Tietz

I have developed a case that is suitable for introductory accounting that uses just Google Sheets – and I provide step-by-step tutorial videos, making it […]. Data analytics Financial accounting Managerial accountingAre you interested in data cleaning and visualization? Do your students use Google Sheets? Want a ready-made project for your class that uses Google Sheets for data cleaning and visualization?

How Much Does a CPA Cost?

xendoo

How much is your business currently spending on accounting costs? Bureau of Labor Statistics, though in 2017, the Journal of Accountancy claimed that the average salary for a CPA was $119,000 per year, which translates into roughly $60 per hour. Managerial accounting.

cpa 76

Learn When Your Should Outsource Your Accounting

xendoo

Should you focus on growing your core business or continue to focus on the administrative side, like managing your accounting and bookkeeping needs? With that in mind, here are some of the reasons why you should consider partnering with an online accounting firm. Forensic accounting.

8 Benefits of Online Bookkeeping

xendoo

When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? . Forensic accounting.

Accounting Expertise In C-Suite Can Compromise Financial Reports

PYMNTS

It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of understanding of corporate accounting may heighten the risk for misstatements on financial reports. The conclusions represent a shift in perception regarding the importance for CFOs and other C-level executives to have accounting expertise, following a string of high-profile accounting scandals over the years.