[Cost Accounting and Control] Lecture 01 - Introduction to Cost Accounting

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Hi! This is Sir Chua's Accounting Lessons PH.
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Cost Accounting and Control
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Lecture 01
Introduction to Cost Accounting
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No handout for this video.
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Kevin Troy M. Chua, CPA
*Certified Public Accountant, October 2014
*BS Accountancy
*Master in Accountancy (CE Pending)
*NC-III Bookkeeping, TESDA
*Content Developer for Accountancy - Course Hero
*Accounting and Finance Lecturer
*Formerly from PwC - Isla Lipana & Co. and SM
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For comments and suggestions, you may put them down respectfully in the comments section below.
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Milk Tea
MR. CHOCOLATE AND MS. ORANGE
for the opening and closing credits music
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TO GOD BE ALL THE GLORY, HONOR, AND PRAISE FOREVERMORE!
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freshman BSA here and nag aadvance lesson ako for this second semester. This video gives me tons of lessons! Thank you sir!

denverquimbo
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MY NOTES

1. Cost Accounting: how much did it cost to produce the item; the individual costs of each item that contributed to the production... e.g. Making of a shirt: the buttons, the cloth, the thread, the labour, the operational costs: rent etc etc

2 11:22 - fin vs managerial accounting

20:57 - Cost Accounting is the overlap of Mgmnt and Fin Account, giving information on the cost of a product in service/production

3. 27:39 - Managing Costs well

4. Value Chain - customer service

ennisel
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Thanks Sir, I really appreciate how you explained Sir, the things is that I am not a Philippine, so I just had to salvage the little I could get in English, basically half the video was said in the Philippine language and I do not understand it at all, there were moment I'll just go blank, in the end I had to rely on English text on the screen.

blessingawe
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Your videos are incredibly helpful, not just for students and teachers, but also for professionals like myself in the private sector. They serve as a valuable resource for refreshing knowledge. Kudos!

alesteves
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Yong mas naintindihan ko pa yong discussion na ito kaysa don sa discussion ng Instructor namin.🤭🥲 Thank you po! Napakalaking tulong nito❣️✨

princessmaearela
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Thankyou Lord for using Sir Chua . Godbless! 2nd year BSA in Capiz here!

justinnemikaelataburnal
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Super helpful po talaga ng mga videos niyo para sa aming mga BSA students.Im not a fast learner kaya talagang pabalik2 ako sa mga playlist mo pra makahabol at makasabay sa mga lessons.Salamat at mayroon kami Sir Kelvin Troy Chua!!!

ameryjoymedina
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Galing neo po mag-explain. Actually, I’m having my last module which is Cost Accounting. Na-refresh ako sa explaination neo kesa dito sa book sa school namin. Studentmom here in Canada. Galing!

hopefuljoe
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thank you so much poooo, malaking tulong po talaga to sa akin lalo na ngayon na hindi halos nag didiscuss yong professor namin. .... thank youuu poooo

hhhhhh-iprt
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Thanks so much, sir! Such a big help. Malinaw and concise. Love your voice din po!

michaelashiner.pecaso
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Quiz namin bukas and wala pang books or other reference but thanks to sir chua's accounting lesson i'm able to understand it very well !

panelajerichof.
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I love the way u discussed every topic. Very well done. Thanks

edelincierto
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Thank you very much Sir Chua. It really helps me a lot specially in time that I have a hoarse voice. THANK YOU THANK YOU VERY MUCH.

jki
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It's easier for me to retain the information by listening to you than making a reviewer. Thank you Sir Chua 💜💜

yukiesnow
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Thank you for the lesson po sir!
I understand the lessons about cost accounting even though I'm a STEM student that happened to be interested in this lecture.

catherinefedelin
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sir, sayo ko na talaga ipagkakatiwala ang learnings ko about accounting. thank you po!

franciscojustinroist.
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Thank you so much for this, Sir Chua.

kessachu
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Sir Chua, maraming salamat po. Ang laking tulong nito sa akin personally. More power to you. God bless.

MrShemist
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Thankyou Sir Chua❤️ for sharing this video to us, Impormative and helpfull. Godbless you

amooorreeeee
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Thank you so much for this, Sir Chua. More power to you!

lontocjannmarizg.