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Back to Managerial Accounting: Tools for Facilitating and Guiding Business Decisions

Managerial Accounting: Tools for Facilitating and Guiding Business Decisions, University of Illinois at Urbana-Champaign

4.7
218 ratings
34 reviews

About this Course

In this course, you will explore how to use accounting to allocate resources and incentivize manager and employee behaviors in using these resources. You will also learn how financial and non-financial accounting information facilitates strategic performance measurement and how to integrate this information to continuously improve strategy. Upon successful completion of this course, you will be able to: • Understand the role of managerial accounting information in common business decisions • Differentiate relevant and irrelevant information • Avoid common pitfalls in business decisions • Prepare a master budget and its key components • Describe the iterative and interrelated nature of budgeting • Evaluate capital investments via a variety of measures • Understand how upper management uses variance analysis • Calculate, interpret, and investigate variances • Understand decentralization and its advantages and disadvantages • Compute and interpret financial performance measures • Communicate the role of non-financial measures and strategic performance measurement systems • Identify issues associated with performance measurement and incentives • Understand the nature and role of subjective performance evaluation This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu....

Top reviews

By AS

Oct 07, 2017

Enjoyed this course as part of the Online MBA from UIUC. The concepts are solidly explained with examples and plenty of practice exams that you can re-take unlimited times to test your understanding.

By SR

Dec 18, 2016

Great course, I does complement the Managerial Accounting course I took before. A lot of tools to apply in the work place. The videos and the examples are wonderful for the learning pourpose.

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34 Reviews

By Jennifer Nybo-Byrd

Dec 13, 2018

Great course and great professor. I learned exactly what I hoped to learn and more. The professor is very clear in explaining and provides easy to follow examples that drive home the concepts.

By Alex Naumov

Dec 11, 2018

Thanx

By Maria Laura Fontao Schiavone

Nov 22, 2018

Excellent course!

By يونس علي عبدالله عبدالرحيم

Nov 06, 2018

Very very cool

By Muhammad Asad

Nov 03, 2018

Great course..very knowledgable

By Vladimir Tikhomirov

Aug 13, 2018

FInally I understood variance analysis. Thanks! :)

By kamran salam

Jun 05, 2018

It Was a great learning experience for me. The course is well designed and helps to improve personal skills.

By David Heath

May 02, 2018

great teacher, explains material well. great slides and easy to understand.

By Antwi Samuel Boasiako

Apr 25, 2018

Just great.

By Guilherme Cleffe

Jan 10, 2018

Could have more pratical insigths from top managers (eg).