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Accounting for Business Decision Making: Strategy Assessment and Control

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Accounting for Business Decision Making: Strategy Assessment and Control

This course is part of Fundamentals of Accounting Specialization

Instructor: Gary Hecht, Ph.D.

16,218 already enrolled

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4 modules

Gain insight into a topic and learn the fundamentals.

118 reviews

Beginner level

No prior experience required

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

89%

Most learners liked this course

4 modules

Gain insight into a topic and learn the fundamentals.

118 reviews

Beginner level

No prior experience required

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

89%

Most learners liked this course

What you'll learn

Create and communicate accounting information that facilitates strategic decisions.
Use accounting information to develop, implement, and improve organizational strategy.
Implement controls that align managers’ and employees’ decisions with organizational goals.
Measure and evaluate manager and employee performance to control and motivate operational and strategic decision-making.

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

16 assignments¹

AI Graded see disclaimer

Taught in English

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

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Build your subject-matter expertise

This course is part of the Fundamentals of Accounting Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 4 modules in this course

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 role in helping managers develop and implement, and improve the organization’s strategy. In particular, you will learn how non-financial and financial information is created, organized, and communicated to help managers make strategic decisions, as well as measure strategic success. This course also provides an introduction to accounting as a control function inside the organization, which helps influence the alignment of managers’ and employees’ decisions with organizational goals. You will learn about different types of controls, including process controls, budgets, and performance measurement and evaluation tools and techniques. 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.

Module details

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. You will then explore different measures of an organization's capacity and understand their implications for many different decisions, including product pricing.