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Accounting for Business Decision Making: Measurement and Operational Decisions

University of Illinois at Urbana-Champaign via Coursera

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  • Provider Coursera
  • Subject Accounting
  • $ Cost Free Online Course (Audit)
  • Session In progress
  • Language English
  • Certificate Paid Certificate Available
  • Start Date
  • Duration 4 weeks long

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Overview

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Accounting information is the lifeblood of the organization as it facilitates and influences operational and strategic decisions intended to achieve organizational goals. Organizations benefit from three decision-oriented roles of accounting: measurement, control, and communication.

This course provides an introduction to accounting’s measurement role inside of an organization and how accountants communicate information that helps managers and employees make operational decisions. In particular, you will learn how cost information is created and organized to help managers and employees conduct profitability analyses, develop and choose products, make pricing decisions, and make common business decisions.

Upon successful completion of this course, you will be able to:
• Identify the nature, purpose, and importance of different types of decision-useful accounting information.
• Create, organize, and communicate cost information to best suit common operational decisions.
• Use accounting information to manage products, control costs, and leverage other drivers of operational success.

If you enjoy this business course and are interested in an MBA, consider applying to the iMBA, a flexible, fully-accredited online MBA at an incredibly competitive price offered by the University of Illinois. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

Taught by

Gary Hecht, Ph.D

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Review for Coursera's Accounting for Business Decision Making: Measurement and Operational Decisions
3.0 Based on 1 reviews

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Lin L
3.0 2 years ago
by Lin is taking this course right now, spending 2 hours a week on it and found the course difficulty to be medium.
Accounting is very essential for all organizations including family. If you do not have proper accounting you have no idea where you are reaching and going. Knowing basic income and expense can provide you to get better situation.
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