Through this course, you will start by addressing the two “big questions” of accounting: “What do I have?” and “How did I do over time?” You will see how the two key financial statements – the balance sheet and the income statement - are designed to answer these questions and then move on to consider how individual transactions aggregate to make up these financial statements. After developing a broad understanding of accounting and financial statements, you will begin to develop a more nuanced understanding of individual components of doing business, such as making a sale or building inventory. By considering many of the more common actions of a company, you will build your understanding of accounting, and explore these concepts by applying them across various types of transactions. Once you understand these individual concepts better, you will be ready to return to the overall financial statements and use them as informational tools, including building ratios.
Accounting for Decision MakingUniversity of Michigan
About this Course
University of Michigan
The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.
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TOP REVIEWS FROM ACCOUNTING FOR DECISION MAKING
With no prior knowledge of accounting it's surprising how easy it is to progress through the course. professor Miller has an amazing ability to explain new concepts in an easy to understand manner!
Having a wonderful experience one of the great teacher Prof Greg Miller gained a lot of learning from. Very Supportive and helpful material in this course specially lectures form Prof Greg Miller
The course is really helpful with giving an understanding of fundamentals and basics of accounting, laying a foundation for better understanding on making and understanding books of accounts
Excellent Course.. Forgot to mention.. It would be Great if students can get some Credit points. Maybe designing this type of course with that in mind would be really Great
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Q. What is the Finance for Strategic Decision-Making Executive Education program?
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