I have over a decade experience in finance and have tutored and managed many students to become both AAT and ACA qualified. In this video I go through exactly what is meant by overhead absorption and how you can calculate this as well as over and under recovery of an overhead, what a cost centre is and what an overhead is.

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If you would like to support me in my endeavours to help accounting and finance students you can now do so through Patreon :) - all support is greatly appreciated x
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Here I also discuss the basics of profit and loss, income statements, balance sheets and statement of financial position as well as the debit and credit entries in both.

If you would like to have your question featured in one of my upcoming videos then please use the comments section below and I will be more than happy to walk you through it.

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#aat #prepayments #debits and #credits

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