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[Music] hey guys Kristian whaddup tuition it and in this video Im going to show you how to do a manufacturing account or as a soon at the kid level a schedule of cost of goods manufactured reforming it in tip I wanna let you know a couple of things one there is no one right way to do in manufacturing account there is no fixed format its not a financial statement governed by any international accounting standards or international financial reporting standards its actually not part of financial accounting which is where you create income statements and balance sheets that kind of stuff this is part of cost accounting or management accounting it is done for management used for internal use so it doesnt need to be governed by rules standards so Im curious if anybody here after watching video if you see that my format is different from the former that you use a youve been taught please let me know in the comments below what differs between your method and my method or your your forma
