Back to Managerial Accounting Fundamentals
University of Virginia

Managerial Accounting Fundamentals

This course, developed at the Darden School of Business at the University of Virginia and taught by top-ranked faculty, will teach you the fundamentals of managerial accounting including how to navigate the financial and related information managers need to help them make decisions. You'll learn about cost behavior and cost allocation systems, how to conduct cost-volume-profit analysis, and how to determine if costs and benefits are relevant to your decisions. By the end of this course, you will be able to: - Describe different types of costs and how they are represented graphically - Conduct cost-volume-profit analyses to answer questions around breaking even and generating profit - Calculate and allocate overhead rates within both traditional and activity-based cost allocation systems - Distinguish costs and benefits that are relevant from those that are irrelevant for a given management decision - Determine a reasonable course of action, given the financial impact, for a given management decision

Status: Cost Management
Status: Financial Accounting
BeginnerCourse13 hours

Featured reviews

KB

4.0Reviewed Mar 2, 2020

There were a lot of good example problems that were very beneficial to understanding the concepts, however some of the exam questions were difficult to go back and completely understand.

AP

5.0Reviewed Aug 29, 2020

Teacher was excellent at taking her time and talking slowly and showing how to work problems. Nothing negative to say. I learned a lot.

JR

5.0Reviewed Sep 4, 2020

Excellent course, this should be a must for all project managers in order to properly communicate with CEO and CFO!

WW

5.0Reviewed Jul 20, 2021

I enjoyed this course, the videos and especially the instructor were easy to follow. I have a better understanding of managerial accounting.

CC

5.0Reviewed Aug 12, 2020

Excellent course, very useful and applicable. Excellent teacher. Some writing errors in the quizzes and exercises, but for everything else, it was excellent. I learned a lot.

MR

5.0Reviewed Sep 14, 2020

I didn't receive Honors recognition although I completed all the requirements for this except it's pending from your side. Thanking you in anticipation of positive response.

HC

4.0Reviewed Mar 8, 2022

I love the energy and the practice from the professor. Her light board is fantastic and so helpful for me to be able to understand the concepts with clear structures to solve accounting problems.

DY

5.0Reviewed Dec 26, 2021

This is my second times to join the course about accounting with UVA DARDEN and this course so helpful to me understand accounting from managerial perspective.

SM

5.0Reviewed Jun 5, 2020

its a course with a very greatly explained topics. you must all do it and understand what management accounting is all about.

AK

5.0Reviewed Aug 23, 2020

I am happy to learned this course.I have get more knowledge from this course. All lectures are fabulous. I have got more knowledge related to accounts.Thank you so much

BL

5.0Reviewed Feb 27, 2025

I got lot of knowledge from these course I extremely excited to do more course it increases my efficiency towards my skill development

MJ

5.0Reviewed Apr 14, 2025

I have learn a lots during this course. The lecturer had given simple explanation that will give easy and better understanding to me who never learn accounting before.

All reviews

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MOHAMMAD ESTIAK NAYEEM
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Reviewed Jan 15, 2021