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Managerial Accounting: Tools for Facilitating and Guiding Business Decisions

University of Illinois at Urbana-Champaign via Coursera

  • Provider Coursera
  • Subject Accounting
  • Cost Free Online Course (Audit)
  • Session Upcoming
  • Language English
  • Certificate Paid Certificate Available
  • Effort 6-8 hours a week
  • Start Date
  • Duration 4 weeks long
  • Learn more about MOOCs

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Overview

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In this course, you will explore how to use accounting to allocate resources and incentivize manager and employee behaviors in using these resources. You will also learn how financial and non-financial accounting information facilitates strategic performance measurement and how to integrate this information to continuously improve strategy.

Upon successful completion of this course, you will be able to:
• Understand the role of managerial accounting information in common business decisions
• Differentiate relevant and irrelevant information
• Avoid common pitfalls in business decisions
• Prepare a master budget and its key components
• Describe the iterative and interrelated nature of budgeting
• Evaluate capital investments via a variety of measures
• Understand how upper management uses variance analysis
• Calculate, interpret, and investigate variances
• Understand decentralization and its advantages and disadvantages
• Compute and interpret financial performance measures
• Communicate the role of non-financial measures and strategic performance measurement systems
• Identify issues associated with performance measurement and incentives
• Understand the nature and role of subjective performance evaluation

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

Gregory Davis

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Reviews for Coursera's Managerial Accounting: Tools for Facilitating and Guiding Business Decisions
3.7 Based on 3 reviews

  • 5 star 33%
  • 4 star 33%
  • 3 star 0%
  • 2 star 33%
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  • 1
Anonymous
5.0 3 years ago
Anonymous completed this course.
Is a great and excellent course, I hope this one and the rest of the courses from University of Illinois continuous there, is a lot to be learned, and the teachers are superb.-

Thank You¡¡¡
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Jonathan G
4.0 4 years ago
by Jonathan completed this course.
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Maria P
2.0 3 years ago
by Maria is taking this course right now.
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