University of Illinois Urbana-Champaign
Financial Analysis of Scenarios and Decisions
University of Illinois Urbana-Champaign

Financial Analysis of Scenarios and Decisions

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Gain insight into a topic and learn the fundamentals.
4.8

(63 reviews)

Beginner level

Recommended experience

17 hours to complete
3 weeks at 5 hours a week
Flexible schedule
Learn at your own pace
Gain insight into a topic and learn the fundamentals.
4.8

(63 reviews)

Beginner level

Recommended experience

17 hours to complete
3 weeks at 5 hours a week
Flexible schedule
Learn at your own pace

Details to know

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Assessments

21 assignments

Taught in English

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This course is part of the Financial Analysis - Skills for Success Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 4 modules in this course

In this module, you will become familiar with the course, your instructor, your classmates, and our learning environment. Then, you will be introduced to Managerial Accounting and Costing Concepts. Next, you will explore cost-volume-profit (CVP) analysis. CVP analysis is a tool that managers can use to better understand the answers to "what-if" questions in order to make better decisions for their companies. You will also explore the nature and role of relevant information in common business decisions, two key related concepts, and how to avoid common decision-making "pitfalls."

What's included

17 videos6 readings9 assignments1 discussion prompt

At the heart of an organization’s planning and control function is its budget. In this module, you will explore the purpose of budgeting, the role of managers and employees in budgeting, and related implications. You will also develop an organization’s budget, ultimately understanding the iterative nature among the budget’s key components.

What's included

12 videos2 readings4 assignments

After establishing goals, setting targets, and the budget, upper management uses variance analysis to compare, assess, and investigate differences between actual and expected performance. In this module, you will learn how upper management uses variance analysis to motivate and monitor managers and employees, how to perform variance analysis on any aspect of the organization, and ultimately understand the power of this important tool for planning and control.

What's included

10 videos2 readings5 assignments

Accountants help implement, communicate, and evolve organizational strategy via the information they provide to owners, managers, and employees. Specifically, they help plan, monitor, and control decisions via the performance measurement, evaluation, and compensation system. In this module, you will explore many aspects of this important system, including decentralization, financial and non-financial performance measurement, strategic performance measurement systems, and subjective performance evaluation.

What's included

10 videos2 readings3 assignments

Instructor

Instructor ratings
4.8 (17 ratings)
Gies College of Business, University of Illinois
University of Illinois Urbana-Champaign
22 Courses120,866 learners

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4.8

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