About this Course
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Start instantly and learn at your own schedule.

Flexible deadlines

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Beginner Level

Approx. 23 hours to complete

Suggested: 5 hours/week...

English

Subtitles: English

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Approx. 23 hours to complete

Suggested: 5 hours/week...

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
2 hours to complete

Course Orientation

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....
4 readings, 1 quiz
4 readings
Syllabus15m
About the Discussion Forums10m
Updating Your Profile10m
Social Media10m
1 practice exercise
Orientation Quiz10m
3 hours to complete

Module 1: Managing Capacity

In this module, you will explore different measures of an organization's capacity and understand their implications for many different decisions, including product pricing....
8 videos (Total 49 min), 2 readings, 4 quizzes
8 videos
1-1.2. Implications of Capacity Measurement4m
1-1.3. Application and Extension10m
1-1.4. What We’ve Learned27s
1-2.1. Identifying Constraints4m
1-2.2. Managing Constraints5m
1-2.3. Application and Extension5m
1-2.4. What We’ve Learned10m
2 readings
Module 1 Overview10m
Module 1 Readings30m
4 practice exercises
Lesson 1-1 Practice Quiz15m
Lesson 1-2 Practice Quiz15m
Module 1 Conceptual Quiz30m
Module 1 Quantitative Analysis Quiz10m
Week
2
3 hours to complete

Module 2: Managing Pricing

In this module, you will learn about accounting's role in pricing decisions. ...
8 videos (Total 38 min), 2 readings, 4 quizzes
8 videos
2-1.2. Pricing Mechanisms3m
2-1.3. Application and Extension4m
2-1.4. What We’ve Learned31s
2-2.1. Decentralization and Reporting8m
2-2.2. Transfer Pricing Approaches4m
2-2.3. Application and Extension12m
2-2.4. What We’ve Learned29s
2 readings
Module 2 Overview10m
Module 2 Readings30m
4 practice exercises
Lesson 2-1 Practice Quiz15m
Lesson 2-2 Practice Quiz15m
Module 2 Conceptual Quiz30m
Module 2 Quantitative Analysis Quiz30m
Week
3
5 hours to complete

Module 3: Planning and Monitoring Operations

In this module, you will explore budgeting in organizations....
8 videos (Total 57 min), 2 readings, 5 quizzes
8 videos
3-1.2. Types of Budgets3m
3-1.3. Application and Extension18m
3-1.4. What We’ve Learned26s
3-2.1. Standards and Variance Analysis2m
3-2.2. Variance Analysis Concepts and Framework8m
3-2.3. Application and Extension19m
3-2.4. What We’ve Learned29s
2 readings
Module 3 Overview10m
Module 3 Readings30m
4 practice exercises
Lesson 3-1 Practice Quiz15m
Lesson 3-2 Practice Quiz15m
Module 3 Conceptual Quiz30m
Module 3 Quantitative Analysis Quiz30m
Week
4
5 hours to complete

Module 4: Managing Organizational Strategy

In this module, you will explore many aspects of this important system....
8 videos (Total 29 min), 2 readings, 4 quizzes
8 videos
4-1.2. Measure Attributes and Qualities7m
4-1.3. Financial Measures4m
4-1.4. What We’ve Learned34s
4-2.1. Non-financial Measures4m
4-2.2. Purpose of Strategic Performance Measurement Systems2m
4-2.3. The Balanced Scorecard5m
4-2.4. What We’ve Learned1m
2 readings
Module 4 Overview10m
Module 4 Readings30m
3 practice exercises
Lesson 4-1 Practice Quiz15m
Lesson 4-2 Practice Quiz15m
Module 4 Conceptual Quiz30m
4.2
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Top Reviews

By YBJan 17th 2019

The order of numbers shown in video presentation are incorrect.

By MAFeb 18th 2018

Hello\n\nto all how works in this course thank you

Instructor

Avatar

Gary Hecht, Ph.D.

Associate Professor of Accountancy
Department of Accountancy, College of Business

About University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

About the Fundamentals of Accounting Specialization

Accounting is the “language of business.” Being able to understand this language allows individuals both inside and outside of an organization to join the “conversation” about how the organization is performing and how it can improve future performance. Financial accounting focuses on the reports that managers generate to provide interested external parties a summary of the firm’s financial position and operations. Managerial accounting focuses on the information and the analytical tools and techniques that help managers and employees make the right business decisions. In this Specialization, you will learn the fundamentals of both of these purposes of accounting. More specifically, you will understand the financial statements that managers create, and be able to interpret and analyze these statements to assess the financial position of the organization. You will also identify and understand the nature, purpose, and importance of different types of decision-useful accounting information, and use analytical tools and techniques to use this information to make business decisions. Via the capstone, you will apply these fundamentals via the lens of a new business, creating a business plan, forecasts and budgets, and anticipated information needs for decisions made by you as owner and manager, your employees, and external parties such as future shareholders, creditors, and other constituents....
Fundamentals of Accounting

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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