Module Number 
Concepts covered
[there are hyperlinks in the righthand set of columns below when there are
multiple pages in the module] 
1 
Introduction 
Revenues and
accruals [what's the difference between revenue and income?] 
Costs and cost
classifications [how many ways can we classify costs?] 
Contribution
margin [What is left over after we subtract variable costs from revenues?] 
Income statements
[Yes, there is more than one format!] 
Balance sheets [What
is the financial position of the business?] 
2 
Breakeven and CVP analysis 
Can we make money? How much? What do our costs
look like? 
3 
Incremental
Analysis 
Decisions about special orders, pricing,
alternative resource inputs. What to do about Charlie's skinflint nephew. 
4 
Operational
budgeting 
If all the trees fall the right way, how much
profit will we make next year? How much cash will we have left? 

Product costing 
Cost flows in the
basic cost accounting model [definitions and basic terminology] 
Overhead and the flows between inventory
accounts 
Extension to cost of goods sold 
Input resources, inventories and the
financial statements 
Conceptualization and absorption and
variable costing 

Capital budgeting [not yet implemented] 
Should we invest in new capital assets? What criteria do we use to decide? 

Cost behavior analysis [not yet implemented] 
Algebraic methods; OLS regression 

Performance evaluation [not yet implemented] 
Flexible budgets; variances; how did we do compared to plan? 