We have added a new video to the PQ magazine Back to Basics series.
Top ACCA PM tutor Jo Tuffill takes a look at cost behaviours for us. Understanding a business’s cost structure is vital for its success. It is why cost behaviour is the first concept taught in management accounting. Her video runs for just 7 and a half minutes and explains exactly what a cost is, looking at both variable and fixed costs. Tuffill has also written an accompanying feature in the April issue. You can check out her video at: https://vimeo.com/680501310.
The aim of the Back to Basics series is to provide short, sharp videos on some of the key topics that students struggle with. Don’t forget we also have videos on double-entry bookkeeping, assets, and trial balance.
Here’s the list in full of the videos on offer:
Cost Behaviours, with Jo Tuffill
Double Entry Bookkeeping, with Tom Clendon
Financial Maths for AFM and FM students, with Sunil Bhandari
Trail Balance, with Michele Baker
The Strategic Planning Process, with Sean Purcell
VAT Calculations, with Michele Baker
Assets, with Tom Clendon
Business Valuations, with Sunil Bhandari
Weighted Average Cost of Capital (WACC), with Sunil Bhandari