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

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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For speakership invites, please do not hesitate to shoot an email at [e-mail]
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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!

[@blessingawe5417]

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.

[@justinnemikaelataburnal8503]

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

[@alesteves5255]

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!

[@denverquimbo]

freshman BSA here and nag aadvance lesson ako for this second semester. This video gives me tons of lessons! Thank you sir!

[@madeevillanueva2539]

THANK YOU SO MUCH, SIR KEVS! This video really helps me a lot. HAPPY BELATED TEACHER'S DAY TO YOU!

[@edelincierto2512]

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

[@lontocjannmarizg.8643]

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

[@iamj7291]

Thank you sir Chua! more power and God bless.

[@hopefuljoe]

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!

[@ralphcanlas9230]

Very clear discussions! Thank you for this sir!

[@catherinefedelin4768]

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.

[@MrShem123ist]

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

[@kessachu]

Thank you so much for this, Sir Chua.

[@panelajerichof.8950]

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 !

[@princessmaearela3930]

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

[@amooorreeeee8914]

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

[@harlynbelarmino6278]

Thank you so much po for this, galing niyo rin po mag-explain. God bless you po

[@danielkennedy6592]

Thank you very much for this module video. Apreciated Sir

[@user-we7nd3bz9z]

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!!!

[@cassandradazellebatallones8720]

Thank you Sir for sharing your knowledge!!

[@arnegojhonalizac.2830]

Thank you so much Sir Chua! God bless!

[@hhhhhh-ip9rt]

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

[@emelynlaguatan2874]

Thankyou so much sir for sharing your knowledge ❤️
Godbless you always!

[@mohammadbagul1026]

Thank you po sa mga lesson niyo sir, very helpful po sa studies namin :)

[@bocodenise1482]

Super helpful ng video na to, thank you po💞 more videos to upload pa po🙏

[@leahodrada4830]

Ist year pa to namin. 3rd year na ako. Sana by you Sir maiintindihan ko to. Thank you po.

[@nitelsharinealferez5009]

Hello sir, Thank you so much po for this video! 💖 Very helpful po 'to. More video to come po. 💖💖💖💖💖

[@glaizalumbatan2791]

Thank you so much sir. I'm manifesting to pass this subject.

[@iceldublin2851]

Hi Sir I really like your tutorials 🥰 more power and please do more tutorial for this line of studies

[@darylmontajes6304]

Thank you po sir! You're life-saver

[@felinaresimo5693]

Very well explain Sir, Thank you sir, God bless and keep safe

[@j0ki3]

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.

[@DreamFirms]

Thanks for sharing your knowledge!

[@itsjustme5483]

Thank you so much for this lesson, very helpful po. God bless!

[@yukie31snow]

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

[@stephaniejeanaporador3172]

yessssss

[@michaelashiner.pecaso3539]

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

[@Luckie8819]

Hi, I was so thankful to you po and to your videos ❤️ It help me so much po 😊 lalo na nung grade 12 ho ako. now that I'm first year college sir I'm still hoping na nandito po mga topics namin about sa accounting 🥺 thank you so much sir ❤️ God bless thank you for sharing your knowledge po❤️

[@erickasantiago8283]

This is so helpful, sir! salamat ng maramiii!

[@michmoneba8142]

Very Helpful

[@redangel2301]

Anlinaw at detalyado thank you po

[@burlasmaryleel.7333]

Thank you sir, mas naintindihan KO na ang cost accounting na yann huhu

[@AB_Mitesoro]

This video lecture is so refreshing..

[@alenormaitum7950]

Thank you sir!❣️

[@christopheropena0123]

thank you so much po sir chua 😍😍😍

[@johnryxevangelista2754]

Lab u sir chuaa

[@majjfelisario]

Thank you, Sir. :)

[@diehann9368]

Thank you for this video, sir! This helped me with my advance reading for the upcoming lesson this week, we miss you po 💗 Take care po always!
-Diahann

[@mabulacalyssab.4183]

Thank you po Sir Chua❤️ I'll invite my friends to watch your video💕

[@BackHeelAssist]

Hi, hope youre having great studies. I only want to learn more from differnt peoples experience and understanding of this subject or even others (f you taking Procurement studies as me) so if ypu down to collaborate im down too. Thanks.

[@denniceallenarem.esteban1543]

super love your videos po! thank you

[@annikuhh]

thank you so much sir for these videos! sobrang helpful po lalo na pag nag seself study! i just wish there’s a handout or copy of the ppt so i could follow u while discussing. tinetake down notes ko po kasi lahat ng nasa ppt kaya medyo time consuming hshahsha. skl HAHAHAHAA

[@glorkaroljeang.8373]

Thanks, Sir Chua!

[@keithlynvergara1603]

thank you po, sir chua

[@renzdelrosario3844]

Renz Kris S. Del Rosario
BSA 501
Char sir HAHAHA. Thank you po for creating this channel and all these videos! Kahit po wala ka na sa campus, feel ko po prof kita this sem sir through these vids po. Will be here for this whole sem po hehe. Ingat po palagi sir and God bless!

[@sespanto8161]

Thank you so much Sir!

[@siphephelodlamini4089]

thank you so much really appreciate the lesson.

[@bettyswift5490]

Thanks for this sir. You desrve my Subscription

[@uncrownedkings8027]

Very helpful❤ hoping for more videos!

[@maliksaifaminoden9785]

Thank You Sir. Very helpful po

[@mackinleyamor6041]

Thank you, Sir! :)

[@loveyouuu1685]

Thank you po sir!🤗

[@axelvhox6199]

Thank you po, Sir.

[@danielkennedy6592]

Kamshamnida!☺☺

[@Therese100K]

Thank you for doing this course in English.

[@colengrivera9788]

Thank you Sir!

[@dimple8719]

chapter 4 na kami, pero now ko lang nagets ngayong magmimidterm na kami 😭😭 THANKYOU SIRRRR!!!

[@khen106]

I help Sir Chua by not skipping ads.

[@elizamaebanania5322]

Thank you Sir. Pang-advance ko po 'to hehe.

[@anabeltalaga9446]

thankyou so much sir :)

[@franciscojustinroist.5058]

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

[@sirchuasaccountinglessonsp3030]

Tama ka ng desisyon sa buhay hahaha

[@franciscojustinroist.5058]

@@sirchuasaccountinglessonsp3030 naku sir, mas naiintindihan ko pa po ang explanation ninyo kaysa po sa pre-recorded ng instructor namin huhu. nagsimula siyang mag-discuss sa amin na chapter 7 sa cost accounting na libro ni guerrero. kakaiyak sa aming mga GAS students na walang background. buti naligaw ako sa channel mo~

[@ronelvillanueva3122]

Thank u po sir💖

[@chantelynjoyteodoro8872]

thankyou po!! such a big help po samin na nagseself-study. ❤

[@sirchuasaccountinglessonsp3030]

Chantelyn Joy Teodoro Thank you din! Please tell your friends about this. Can I request for this to be shared on FB please? Thank you!

[@chantelynjoyteodoro8872]

okay suree po!! ❤

[@027_bago_grace3]

thank you sir!

[@rosebyul5403]

Thank you po, Sir! Bakit ngayon ko lang nakita yung channel na to T^T. Sobrang helpful po thank you!

[@edmangco9329]

Thank you po!

[@jessicacapistrano3857]

Thanks po Sir!

[@emily.asuquo2871]

Good afternoon Sir, I really appreciate your effort to help student from your country. I will plead you also use the common language( English) to help other too. Maybe Your language version and English version. We will appreciate it please

[@emily.asuquo2871]

Others I meant

[@abdullahiarabgamadiid1641]

hello dear teacher really you are giving out very helpful lesson and i thank

[@rizzaverano5136]

It's a big help po the way you explain the topic. It's very clear. thank you. More power

[@jovelynestorico6063]

thank you so much sirr

[@loonation2185]

salamat po neto sir

[@ennisel]

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

[@nantesjoyce391]

PERFECT

[@sarahlagundino8231]

This is great help for my cost accounting subjects.. Thank you, Sir Chua!

[@trishamoniquevilla4553]

mobalik ko diri ug pasar kos cost exam namo✊✊

[@fiemmacorrona9462]

So helpful

[@kenesufernandez1281]

❤❤

[@MARIAHIANANDREALIBAO]

sana all po may jowa na nagdadala sa jollibee kapag nalulungkot. BTW, ang galing po ng explanation

[@job_mg]

Thank you, I dont understand your mother tongue but I got the key concepts

[@sirchuasaccountinglessonsp3030]

Job Ben Hope you understand. This video is primarily for Filipino students so I hope the slides would help you

[@job_mg]

@@sirchuasaccountinglessonsp3030 Yes the slides do help. Thanks again.

[@katojohnson9298]

Thank you sir , you have explained it very well the topic but only problem is that translated in Philippine language instead of English language

[@seed6106]

I like your voice sir

[@philbon6492]

It is great help help for me because I am a K11- Student of ABM-A at age 84

[@xoxad7905]

Sir, may I ask po what book would be best used to better understand the concepts and problem solving po?

[@catherinejoyagustin5849]

Hello po sir. May standard cost system presentation po ba kayo? Thank you po😊

[@Yuwie99]

Thank you sir Business Ad. student here.

[@artosannkristelm.8672]

David!!!! 🧡🧡

[@Yuwie99]

Hi kristel buti napadpad ka rito hahaha

[@elvizajoydeclaro887]

Declaro, Elviza Joy
BSA 501

[@carlcalderon4494]

PUP kunin niyo si sir hehehe

[@jaspertejada7539]

😘

[@CallMeMrBossG]

suggest lang po sana na mag upgrade po kayo ng mic kasi masakit sa tenga yung mga unnecessary noise, but overall your way of teaching is much better than my prof ahahahah, god bless sir

[@nicholeangelleigadon4567]

Hello sir! May I ask what book you use?

[@cherryloumanalo4494]

Fuentes, Cherry Lou
BSA501