FINANCIAL vs MANAGERIAL Accounting

[@ChrisSandtSmith]

I would like to say. this channel is the main reason accounting went from an "oh no" to an "OH YES!" Simple, logical and fun. thank you, you legend!.

[@AccountingStuff]

Cheers Kriek!

[@JL7ify]

I absolutely agree!!!

[@natashamoquin944]

James is amazing!

[@ekramulhaque]

I utterly agree with you

[@eusebiatlali3041]

very true

[@erikamirandagil819]

OMG!! Why the teachers can't teach just like himmm! I love him. I mean how he explains!! Thank you so much!

[@gahimaherve2379]

This is all fun untill you go to an ACCA exam,and everything flies away

[@ilkinmusayev2906]

:)) ACCA gives and requires much more deep understanding of accounting stuff whilst this guys channel is for accounting beginners nontheless I found it very helpful in preparing for fundamentals of ACCA (eg F1,F2,F3) cause thorough understanding of basics is the key to success, so keep it up and u'll do it!

[@janicesavagefjerstad7494]

I am in a managerial accounting class right now and I wish you already had a bunch of videos about this such as variable and fixed costs and how to figure them out etc.

[@tinytrends]

agree. I hope he would do the Managerial Accounting series

[@KWhy-r7x]

Me too! Struggling through my MA content at uni and a video in your style would be a life raft right now

[@andree-mdaoust-messier4028]

More managerial accounting tutorials! That's exactly what I need! Thank you so much for your videos. The quality is spot on!

[@AccountingStuff]

Thanks for your request!

[@Barnooo]

@@AccountingStuff Could you please post some soon? You helped me ace Financial Accounting exams, but this year I'm seriously confused with managerial accounting terms and stuff. I'd be really thankful 🙏😊

[@Witnesser6]

@@AccountingStuff hi james. Is there any playlist of managerial accounting?

[@enkelly7496]

That moment when a video...explains a concept better than a multi thousand dollar class... THANK YOU! Gold Mine.

[@jeronimomejia5377]

hey man great video, I love how often you are uploading, definitely keep at it this is probably the most visually appealing and entertaining channel about accounting i have seen

[@AccountingStuff]

Cheers Jeronimo! I upload once a week

[@jamestrebilcock8310]

I'm incredibly impressed that you have made Accounting entertaining.

[@Arexsis]

I know you wanna work on the fundamentals before tackling more advanced topics, so I would suggest inventory valuation, (IFRS) revenue recognition, bond amortization, gains and losses (realized and/or unrealized). Thanks for all the good work, keep making quality content and more of us will come.

[@AccountingStuff]

Cheers for the topic suggestions Arexsis! Glad to hear that you're enjoying the videos :)

[@WithFaizanKhan]

My Video Requests Are :) 1. Explaining About Audit 2. Discussing About The Future of Accounting (Relative To Blockchain Technology) 3. Deceiving In Accounting

[@AccountingStuff]

Cheers for the requests, I'm keen to explore those areas - particularly Blockchain and Deceiving in Accounting!!

[@WithFaizanKhan]

@@AccountingStuff Your Content Is V High Quality: Can't Wait For It To Grow Exponentially!

[@AccountingStuff]

@@WithFaizanKhan Thanks, I hope so!! Cheers for the support

[@claudiabeltran233]

hi James!! are you going to cover LIFO FIFO WA and ALLOWANCE METHOD?

[@AccountingStuff]

Hey Claudia, I would like to get on to Inventory eventually but there is plenty to cover

[@AccountingStuff]

Which Managerial Accounting topics would you like me to cover?

[@HOMEFOODMANIACS]

Accounting Stuff hey James I am teaching financial accounting 😜

[@AccountingStuff]

@@HOMEFOODMANIACS Don't worry, I'm not going to ditch Financial Accounting. There is plenty more to come

[@HOMEFOODMANIACS]

Accounting Stuff ok Do a accounting cycle problem which is on your list already

[@AccountingStuff]

I know, it's been on the list for a long time! I will get on to it eventually but there is so much that I want to cover. Thanks for your patience

[@HOMEFOODMANIACS]

Accounting Stuff it’s ok James I will wait

[@kakarot6627]

Management Accounting sounds interesting. No offense to anyone, but auditing sounds boring as hell. It’s important, but it sounds boring as hell nonetheless.

[@brendaporter7943]

I need to learn more about costs like manufacturing, production, and overhead.

[@AccountingStuff]

Hey Brenda, thanks for letting me know. I'll bear that in mind!

[@laurenceh9776]

You are a truly gifted teacher! Clear and concise with a touch of humour. All we need! Thank you so much for enlightening me in the subject of accounting 🙏

[@bacovasaimir7277]

Thank you for what you are doing, everything looks perfect and easy when explained by you. Keep up the good work. (new subscribed) :)

[@AccountingStuff]

Hey bacova, thanks it is great to have you on board!

[@hasangurkanbozkr1669]

arifin manchestera attığı golü ararken Burak Hocam sayesinde bu faydalı videoya geldim. thanks burak hocam i love you

[@josimcmorrow1552]

Can you create in-depth videos for each of the types of accounting you listed in this video (tax, audit, managerial, forensic) as well as any others that may exist? These videos are so helpful and I have learned so much! Thank you!!

[@AccountingStuff]

Thanks for your suggestion!

[@Cmacoach]

Great video man. Maybe I'm a little biased, since I'm a Certified Management Accountant, but I think there's a place for financial accounting and managerial accounting. Companies can't move forward without management accountants looking into the future and guiding decision-making. Also companies can't move forward without financial accountants to help them understand past performance. Overall good comparison.

[@AccountingStuff]

Thanks mate!

[@aubreypappoe2509]

hi whats up I've got my management and financial accounting exam in like 3 weeks, can you do a video going over some past papers and walking through them with answers, please. like a 10-20 min long vid pls. thanks

[@AccountingStuff]

Hey Aubrey, I've sent a response through to your other comment

[@Matt-ne7mu]

This is super helpful. I really love how you break down subjects with clear explanations and use clean visuals to get across the most important information! I'm taking an online accounting class with the only resource being a digital textbook, and this way is infinitely easier to learn. You're the bomb bro!

[@AccountingStuff]

Cheers Matt! Good luck with your Accounting Class

[@almietahanlangit9979]

@@AccountingStuff hi your vidios help alots on me as a freshmen in BSHM 😔😊💙

[@graciousmhango3944]

I just started doing accounts and this channel is making my work a whole lot easier. Thank you for making accounts fun and easy to understand

[@AccountingStuff]

No worries, I'm happy to help. All the best with your course!

[@Taniaaxfive]

Can you please upload more stuff on managerial accounting!!

[@MsAnneThrope]

I impulsively decided to go back to school and pursue an MBA as a working adult. Crazy. My undergrad work was in science though, so I've had to go back and take several courses in accounting, econ, finance, etc. and your videos have really helped me! Often more than my professors. Your production value is really fantastic, particularly for educational videos, and you do a great job being engaging and informative. Thank you! BTW, anyone ever tell you you look like Cary Elwes?

[@AccountingStuff]

Good on you for doing an MBA!! Best of luck with it all. Cary Elwes... that's a new one :)

[@andyhwell8419]

You just taught me more in 10 mins than my professors ever teach. They are unable to actually speak on anything. They just tell me what chapter to read.

[@letsglowwqueen]

You have made accounting simple and fun to learn ..Thanks a Bunch friend ;)

[@astonishashu]

You are marvelous James Sir, Love the way you teach Accounting Stuff!☺ Well, could you please make a detail video on Managerial accounting? 🙇 Might not be majority's demand, but It'll help your future viewers🙃

[@AccountingStuff]

Cheers for your suggestion!

[@alexisgustafson9947]

hi love your videos!! they are super helpful. Where is the separate playlist for managerial accounting? also, I am looking for cost accounting. Will you be making any videos on that?

[@jericopaler1377]

Thank you so much! Now I know what's really the focus of my program. I'm currently taking BS Management Accounting here in the Philippines btw. I'm planning to take CIMA exam soon and hopefully ace it.

[@AccountingStuff]

Best of luck with it all!

[@eyadalsheyab9926]

COMPARISON OF FINANCIAL AND MANAGERIAL ACCOUNTING THE WORK OF MANAGEMENT AND THE NEED FOR MANAGERIAL ACCOUNTING INFORMATION GENERAL COST CLASSIFICATIONS (Just following ones) A) Manufacturing Costs 1) Direct Materials 2) Direct Labor 3) Manufacturing Overhead B) Nonmanufacturing Costs COST CLASSIFICATIONS FOR PREDICTING COST BEHAVIOR (Just following ones) A) Variable Cost B) Fixed Cost Can you answer me about this question .. and I will be great full to you 😘

[@despinasibley8379]

Hello the financial accounting videos are beyond excellent. Are there any for Managerial Accounting? Also what iis covered with a subscription? Thank you!

[@AccountingStuff]

I haven't covered Managerial Accounting yet but I plan to in the future! KZbin subscriptions are a way to help support this channel, if you click on the "Join" button then you can preview the perks before making a decision. All the best!

[@femto02]

Can't wait for some more managerial accounting videos. Love your channel.

[@BB-ux5wd]

I could really use some advice . I’m going to get a bachelors in business administration but I’m stuck in the option I want to specialize in . I’m torn between accounting , finance , marketing or business information systems . Any advice will be appreciated. 🙏🏽

[@jodiefarrell4305]

I'm really loving all these videos! I recently began work at a company that implements FP&A software for mid to large size companies (it's really cool work, I think you would find it interesting). I'm still finishing my BS in accounting, so it's been a learn as you go kind of thing. Your easy to follow teachings have been incredibly helpful, thank you so much!

[@AccountingStuff]

No worries Jodie, best of luck with your new job!

[@thomaskwenahjr3474]

THIS IS GREAT !! HIGHLY USEFUL

[@shreya-nm2pb]

hey James , could you do a video on income statement. btw, I love your videos they are of great help thanks!!

[@AccountingStuff]

Yes, I have had quite a few requests for the Income Statement. That one will be coming soon.

[@dietcokeisdelicious5006]

Managerial Accounting really isn’t accounting at all, if you ask me. Managerial Accounting is a finance job, with the word accounting on it. Managerial Accounting includes budgeting, forecasting, and financial planning and these are a part of finance, not accounting. I wish Managerial Accounting would be renamed to Finance Analysis. Financial Accounting is a synonym for bookkeeping.

[@petertenay1785]

Wait are they two different degrees? If I get my CPA license, would I be able to do both the financial and managerial accounting job?

[@Grb24110]

Did you ever create that playlist for managerial concepts? I have been looking for it but cannot find it anywhere.

[@tickedoffsheikh8587]

So, if I am an investor which of these accounting branches should I concerned myself concerned with?

[@shekibazeer6838]

Hi I am following your channel. And i watched all videos i am really waiting for more videos related to the cost accounting completely same like the financial and principle of accounting as soon as it is possible.! please

[@claudiaquirogablanco3224]

Help James I have passed my exams but i m stuck by writing my professional experience any guide or how can i complete those please

[@cisselamine2002]

Man this guy is good!!! The entire concept is very clear and I really love it.

[@AccountingStuff]

Cheers Mohamed :)

[@love4marv]

Can't you do both, as a regular accountant?

[@AccountingStuff]

You could do. It depends on your workload

[@bebo3418]

managerial almost sounds like a financial analyst. We forecasted and we definitely didn't not have any regulations and all of those descriptions matched or heavily realates to a financial analyst.

[@sbusisoshoan3368]

thank you for the informative information. i have gained so much on watching your youtube channel. Sir can you please help me with this "The merits and pitfalls of having a financial manager perform a dual role as management accountant and financial manager" thank you in advance.

[@AccountingStuff]

Cheers Sbusiso, and thanks for your suggestion!

[@evanscart4286]

Is accounting is a subset of finance and finance begin where accounting ends? Can you please please do a video on difference between them?

[@RadiantSoph]

Absorption vs marginal costing, and how to work out the difference in profit between the 2. Love your channel by the way, I'm currently studying towards CIMA

[@AccountingStuff]

Hey! Cheers for the suggestions!!

[@jenniferwood4916]

I have to say 1) these videos are so helpful but also, it's really cool to see your confidence increase as the videos go on and as your channel grew! I'm watching these videos for a class but I'm looking to start a business in the next few years so I'll probably watch most of your videos

[@ronellehamilton8135]

Have you uploaded any other material on management accounting? Please share the link.

[@W67w]

Would it be fair to say that a chancellor of exchequer is basically a management accountant ?

[@hucklesnook1848]

I'm not taking accounting tips from a 19 year old... Best

[@loscoach9271]

Pro Tip if your a student put the playback speed on 1.50

[@Satisfy.666]

Your channel is amazing... James.. and I can't find any channel who can explain. Such complex topics in such easy ways. Your channel has helped me in getting excellent grades in my 1st year of BBA but now I request you to please............................... Cover cost accounting branch. I really don't know anything about this. And I didn't found any good channel who can explain in such an amazing way.. *In the way you Explains*

[@AccountingStuff]

Thanks for your request :)

[@amyrodriguez8837]

I just started a Corporate Finance class today and your video was a great introduction to our first topic: Financial Management. Thank you!

[@AccountingStuff]

Thanks Amy, that's great to hear! All the best with your studies :)

[@vivacehome1]

Oh Yes! I love to be Charted Global Managment Accoutant

[@blaqgyal204]

Thank you very helpful information and explained so well

[@christiammejia2316]

Could you please 🥺 record a video about forensic accounting?

[@chelseamatthews854]

I need more management accounting information

[@theomniking7856]

a second ago this was hard now its very easy wonderful explanation

[@onemorelivingvids]

I’d appreciate it if you did a *Costing/ Cost Accounting* video! I know it’s a type of managerial accounting that “analyzes cost of production using variable & fixed costs” but not much else.

[@AccountingStuff]

Thanks for your request!

[@LucciCarciumaru]

This is awesome, thank you. Is there anything on budgeting (inventory, production, sales, etcetera)?

[@AccountingStuff]

Not yet, but thanks for your request!

[@poojaanu1059]

Nice video & informative , Thankyou :)

[@brendatrevino4320]

Does he have all about manegerial accounting videos?

[@tinytrendsph]

Please do the Managerial Accounting series. :)

[@niloykarmaker1024]

I have a question, what is the name of the font that you use in your videos?

[@SalmantubeTube]

Thanks for the efforts.. In few hours, I have accounting exam for my MBA degree and I am not ready at all.

[@AccountingStuff]

You're very welcome. Good luck!!

[@hanihasan2343]

Thanks for the video. Would you recommend a valid managerial accounting course would prepare one for an international company career ? I am a mid level accountant, and I am thinking of moving on to work with managerial accounting. Thanks in advance !

[@madelineiil9265]

Im interested too Hasan .share the course with me if you found it .

[@tareknour3986]

we neeeeeed managerial accounting !!

[@RichAllen12]

college professor has me watching this video

[@giovannibloom6433]

I wish my college professor would have recommended this channel lol.

[@suvojitdutta9036]

Where are the other videos for managerial accounting James? Kindly create more for managerial accounting!!!!

[@AccountingStuff]

I haven't created that playlist yet, but I plan to at some point

[@Strawberry_Tjr]

thank u so much for this really helpful for my class.

[@ryanfrizzell736]

Great. Now I better understand financial and managerial accounting. Thank you.

[@AccountingStuff]

No worries, happy to help!

[@lizaluk]

How to prepare product report in most basic way in managerial accounting, can help.

[@AccountingStuff]

👍

[@worldmotivationalspeeches8826]

Hii i really really admire your videos and i want to thankyou for helping me to do well in my accounting course. and lately i have been woundering about this question i would like it if you give me an answer on this question. 1. What does management accountants are staff employees mean? Show using example. Thank you

[@anniz3028]

So happy to see your video match up with my accounting principle class! Nice job! Keep on going!

[@AccountingStuff]

Thanks! It's great to hear that you are finding these videos useful!!

[@egyptianplanner]

The most powerfully Splendid rich Simple explanation about the topic Great &Superior

[@AccountingStuff]

Thanks for your kind words!

[@andythewulf86]

If you were studying an accounting degree at 34yo, which way would you think is best please guys?

[@AccountingStuff]

Personally I prefer Financial Accounting because I think it's the core of business. But whichever you prefer :)

[@mirasfanfiction]

My 'Financial Management for Small Businesses' course seems to rely heavily on your videos. Thank you for making them.

[@AccountingStuff]

No problem, hope it's going well!

[@myazan1095]

Can you make terminology video for accounting or just for menegerial accounting if you do it faster it would be better and usefull coz it is time to take exam in our institute Thanks in advance

[@AccountingStuff]

Thanks for your request!

[@kevint7649]

Explanation 5 is also somewhat correct. Your internal policies are typically based on IFRS or GAAP. Remember at the year end the same management accounts are audited.

[@kevint7649]

Explanation 4 is somewhat correct. There is a trade off between accuracy and timeliness. No use furnishing a report on time when it's not accurate.

[@ÜmüdHüseynli-u2c]

Türk dilində alt yazı olsun)😢

[@hilalsyafaat2294]

Hi James! Could you teach us about cost accounting? That would be great! :)

[@AccountingStuff]

Hey Laksamana, thanks for the suggestion!

[@NoNameLondon]

Agreed! (Elements of Costing AAT) it helps out a lot!

[@berhanukebede5763]

Tanx For all Please The time is IFRS Based Accounthing Focus On IFRS More Help us

[@kevint7649]

I can see you come from external reporting environment. Common mistakes most public accountants make is to think management accounting is narrow and has less reporting. Quiet the contrary as you have to make business impacting decision and resource allocation in real time. I have seen many public unable to cope or comprehend this.

[@NoNameLondon]

James, I just want to say thank you so much for posting this video! I have watched a lot of your videos in the past and they are extremely helpful, the best on KZbin. I am currently doing the AAT bookkeeping and accounting course, and even with all my material and Kaplan books I still can't summarise and grasp all the information in one piece. You present this in such a great way and in 9 minutes it explains the whole of unit one of my book which takes me 3 days to read through. (both are a necessity) but this helps me understand and I love the visuals. I never really comment on KZbin videos, but I want to show my appreciation and look forward to your upcoming videos. If there is any way I can support this channel, I'm more than willing to do so. I would love to go to New Zealand and Australia for accountancy, as I am from the UK it's really inspiring to see that you live out there.''I think this is what you said in your debits and credits video'' Thanks again, James!

[@AccountingStuff]

Hey mate, thanks for getting in touch! I originally studied accounting at Kaplan as well - what a coincidence! Their notes are very detailed but it can be hard work getting through them. I think you are approaching your studies from the right angle. Reading the core course materials and getting summaries from KZbin at the same time. I will this was possible when I was at Kaplan (almost 10 year ago now :/). Getting the ACA definitely made it easy for me to find work when I moved out to Aus. Hopefully you'll find it the same as well. Currently I offer all the content for free because I want to help as many people as possible with the subject. Some day I might make a more cohesive course and put it on Patreon. But as of now I'm just happy knowing that you are finding the content useful. All the best with your studies!

[@NoNameLondon]

@@AccountingStuff 100-percent, James. I absolutely agree, the Kaplan books are a lifesaver, although, it does take time (as you said) to get through. Not to mention some of their classic mistakes in their answers. But they're great, I can't fault them. As I mentioned before, your videos are so informative and I am a visual learner so this is perfect for me, thank you so much again, James.

[@AccountingStuff]

​@@NoNameLondon No worries!

[@dietcokeisdelicious5006]

I want to make a correction, there is one aspect of Managerial Accounting that makes it actual accounting, and that is Cost Accounting. Outside of Cost Accounting, Managerial Accounting has nothing to do with actual accounting, and is pure finance.

[@sagewiseloner6355]

So are you saying CIMA is a useless pursuit....since managerial accounting is luxury

[@AccountingStuff]

Not at all, many businesses have management accountants and rely on them.

[@ksiannoy]

Hey bro..💓💓 please make a video about cost accounting {basic}

[@AccountingStuff]

Thanks for your suggestion!

[@bibekgadal4356]

still waiting for this topic playlist😢😢

[@kevint7649]

Good video. Disagree on certain aspects

[@aimeelu7326]

Thank you so much! Really really appreciated it! :)

[@AccountingStuff]

Cheers Shiro!

[@Prathit_Shaandilya]

Well explained. Thank you!

[@lisamceachren5170]

excellent explanation.. Thank you

[@jimmyrobillon4290]

thnaks for sharing your accounting knowhow...God bless.....

[@AccountingStuff]

No problem, hope it helped!

[@annetteh8971]

I've just joined, do you have an introduction to costing principles x

[@AccountingStuff]

Not yet, but thanks for your request!

[@playtostudy3090]

can you make a series or playlist about managerial accounting, it could be cost classification,.. ? your videos are really helpful. It helps me a lot when studying my major

[@-EMS]

Thx bro ❤🤜

[@AccountingStuff]

You're welcome :)

[@nileshthakkar7080]

I am working right now on my website... this is really useful. :) Thank you.