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.
Accounting for Business Decision Making: Measurement and Operational Decisions
Accounting for Business Decision Making: Measurement and Operational Decisions
This course is part of Fundamentals of Accounting Specialization
Instructor: Gary Hecht, Ph.D.
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3.8
(181 reviews)
Beginner level
No prior experience required
Flexible schedule
Approx. 16 hours
Learn at your own pace
87%
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What you'll learn
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.
Skills you'll gain
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Assessments
15 assignments
Taught in English
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This course is part of the Fundamentals of Accounting Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 5 modules in this course
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
What's included
3 readings1 assignment1 discussion prompt
Any organization – no matter how large or small – is extremely complex. It is made up of processes, systems, products, and – perhaps most important – people. Why are people most important? Because they are the ones making decisions, guiding the firm towards success. Wondering what these decisions are and how they’re made? Join in on Module 1!
What's included
7 videos2 readings3 assignments
Every decision – no matter how big or small – comes down to trading off benefits versus costs. Sounds simple, right? Potential benefits are often easy to envision, and even fun to think about. Costs – a bit less fun – but isn’t it just the price you pay? Not quite. As you’ll see in Module 2, nothing is as simple as it seems!
What's included
9 videos2 readings3 assignments
Making decisions can be quite daunting. You need to be able to make predictions about the consequences of your actions so that you can make the best decision. Where do you start? Crystal balls are in short supply. So, how about the next best thing? Jump into Module 3 to learn about cost-volume-profit analysis!
What's included
8 videos2 readings4 assignments1 peer review
Owners, managers, and employees often run into two obstacles when making decisions: (1) not enough of the information they need, and (2) too much of the information they don’t need. Surprisingly, the second problem is often harder to overcome than the first, especially in today’s information-rich environment. How do accountants help managers solve this problem? Jump into Module 4 to find out!
What's included
10 videos3 readings4 assignments1 peer review1 discussion prompt1 plugin
Instructor
Instructor ratings
3.5 (25 ratings)Offered by
Recommended if you're interested in Business Essentials
University of Illinois Urbana-Champaign
University of Michigan
University of Illinois Urbana-Champaign
University of Illinois Urbana-Champaign
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3.8
181 reviews
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Showing 3 of 181
DK
5
Reviewed on Jun 26, 2018
This is very useful course to learn Business decision
NH
4
Reviewed on Oct 24, 2020
I am learning a lot. The courses are easy to understand.
MM
4
Reviewed on Nov 20, 2020
Quizzez can be tricky and difficult. But the peer-review homework is interesting.
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