Welcome Teachers!

You will find in these "Teacher" pages, ideas, suggested activities, answers and other useful resources for each of the Units discussed in the "Student" section.

As material becomes available, the links will be shown below. .

or Pick an Topic from the lists below...

Unit 1 - What is Management Accounting?

A. Key Terms

B. What is Management Accounting?

C. But What Does a Manager Do?

D. Decision Making Model

E. What is the Role of the Controller?

F. Management VS Financial

G. Are Management Accounting Skills Important?

H. Professional Accounting Organizations

Unit 2 - Cost Accounting

A. What is Cost Accounting?

B. Direct & Indirect Labour

C. A Comparison of Income Statements

D. Cost of Goods Sold

E. A Closer Look

F. Key Terms

Unit 3 - Fixed and Variable Costs

A. Key Terms

B. Costs - Fixed or Variable?

C. Mixed Costs - Fixed or Variable?

D. Basic Cost Behaviours

D. Basic Cost Behaviours (con't)

E. CVP Analysis

F. How Do These Compare?

G. Comparing Income Statements

H. CVP Analysis

I. Break-Even Analysis

I. Break-Even Analysis (con't)

J. Break-Even Sales Dollars

K. Break-Even Point

L. Preparing a CVP Chart

L. Preparing a CVP Chart — Example 2

M. Calculating Profit or Loss from CVP Chart

Unit 4 – Budgeting

A. Key Terms

B. What is a Budget?

B. What is a Budget? (con't)

C. Advantages & Disadvantages

D. Budget Design

E. Master Budget

Merchandising Business:

• Sales Budget
• Purchases (Inventory) Budget
• Selling Expenses Budget
• Administrative Expense Budget
• Budgeted Income Statement
• Cash Receipts Budget
• Cash Payments Budget
• Cash Budget
• Budgeted Balance Sheet

Manufacturing Business

• Sales Budget
• Production Budget
• Cost of Goods Sold Budget
• Labour Budget
• Material Budget
• Overhead Budget
• Selling Expenses Budget
• Administrative Expenses Budget
• Budgeted Income Statement
• Cash Budget
• Budgeted Balance Sheet