Business Accounting: Video Series

Managerial accounting reports differ from financial reports because they are used within the company to outline projected earnings, forecasts, budgets and other pertinent information. Draw up a managerial accounting report with information from an accounting professor in this free video on business.

When opening a business account, consider opening several accounts to handle credit card payments, payables and payroll to keep things more organized. Open up a business bank account with information from an accounting professor in this free video on business.

Opening a DBA account, or Doing Business As account, can be done simply by visiting a local bank branch after applying online for the DBA itself. Use a DBA bank account to organize finances for a small business with information from an accounting professor in this free video on business.

To research managerial accounting, search the Internet for credible resources, flip through journals and textbooks, or visit a local university or community college. Gather the necessary information before pursuing managerial accounting with information from an accounting professor in this free video on business.

Setting up a chart of accounts should include the company's checking account, accounts receivable, accounts payable, inventories, fixed assets, expense accounts and costs of goods sold. Use accounting software to more effectively organize an accounts chart with information from an accounting professor in this free video on business.

When making managerial accounting slides or presentations, keep each slide simple yet informative, including only the very pertinent information so as not to confuse anyone. Practice a managerial accounting presentation in front of a colleague with information from an accounting professor in this free video on business.

Financial accountability refers to the accounting department being accountable to those whom they report, as well as to the shareholders of the company. Understand financial accountability as it relates to management with information from an accounting professor in this free video on business.

There are two managerial accounting formulas that are most widely used, which calculate the contribution margin, variable costs and the break even point. Understand managerial accounting formulas with information from an accounting professor in this free video on business.