ACCA F5 - Throughput Accounting | Complete Topic |

This is the 4th video in the series of Five [5] covering section B of ACCA’s F5 – Performance Management including:

1. “Activity-based costing (ABC)”
2. “Target costing”
3. “Life-cycle costing”
4. “Throughput accounting”
5. ”Environmental accounting”

Watch full playlist here:    • ACCA F5 [PM] | B: - Special cost and ...  


Download F5 2022 - 2023 Syllabus here: https://www.accaglobal.com/in/en/stud...
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On successful completion of this video, you will be able to:

Video 1. Activity-based costing (ABC)

a) “Identify appropriate cost drivers under ABC.”
b) “Calculate costs per driver and per unit using ABC.”
c) “Compare ABC and traditional methods of overhead absorption based on production units, labour hours or machine hours.”

Video 2. Target costing

a) “Derive a target cost in manufacturing and service industries.”
b) “Explain the difficulties of using target costing in service industries.”
c) “Suggest how a target cost gap might be closed.”

Video 3. Life-cycle costing

a) “Identify the costs involved at different stages of the lifecycle.”
b) “Derive a life-cycle cost or profit in manufacturing and service industries.”
c) “Identify the benefits of life-cycle costing.”

Video 4. Throughput accounting - [this video]

a) “Discuss and apply the theory of constraints.”  00:52
b) “Calculate and interpret a throughput accounting ratio (TPAR).”  04:04
c) “Suggest how a TPAR could be improved.”  07:14
d) “Apply throughput accounting to a multiproduct decision-making problem.”  05:44

Video 5. Environmental accounting

a) “Discuss the issues business face in the management of environmental costs.”
b) “Describe the different methods a business may use to account for its environmental costs.”

Video chapters
00:00 - intro
00:22 – Throughput accounting formula
00:52 – Theory of constraints
02:04 – Steps in the theory of constraints
02:59 – Limiting factor analysis
04:04 – Throughput accounting ratio
05:44 - Throughput accounting ratio example
07:14 – TPAR – Improvement
07:51 – TPA – Criticism

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Transcript:


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