About this course: In this course, you will learn how to use accounting to facilitate and align decisions made by owners, managers, and employees. You will learn how accountants create, organize, interpret, and communicate information that improves internal processes, and allows organizations to identify and leverage opportunities to create value within the supply chain and with customers. Upon successful completion of this course, you will be able to: • Understand what managerial accounting is and why it is important. • Describe fundamental concepts of managerial accounting. • Apply the financial perspective of accounting for costs. • Identify problems associated with relying on financial accounting information for internal decision making. • Organize cost information according to the decision-making needs of the organization. • Apply activity-based costing (ABC) and recognize the influence of setting and decision characteristics on the relevance of ABC systems. • Address common "what-if" questions using cost-volume-profit (CVP) analysis. • Apply CVP analysis in a variety of scenarios. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
Taught by: Gary Hecht, Ph.D., Associate Professor of Accountancy
Department of Accountancy, College of Business
| Basic Info |
Course 1 of 7 in the
Value Chain Management Specialization.
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| Commitment | 4 weeks of study, 6-8 hours/week |
| Language | English, Subtitles: Vietnamese |
| How To Pass | Pass all graded assignments to complete the course. |
| User Ratings |
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|---|---|---|
| Access to course materials | Available | Available |
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A must do course for all aspiring managers! Beautifully carved each module.
Excellent course material! The readings were informative and had articles to break up the text book monotony. The lecture videos covered and showed almost anything I was previously unsure about. I would recommend this course to anyone.
Great course overall, the assumptions question on CVP Quant quiz doesn't really make sense though. Other than that great materials and lectures
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Excellent Course, straight and to the point!