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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 Accounting
Status: 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.

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.

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.

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.

KD

5.0Reviewed Oct 8, 2021

Concepts are presented clearly, with examples built upon from lesson to lesson. Really enjoyed learning about the basics of Managerial Accounting.

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.

JN

5.0Reviewed Jun 29, 2020

The examples, exercises and tests ensure that the concepts are understood through and through. Further, Honors content is a definite booster.

N

5.0Reviewed Jul 5, 2020

this course very convenient for mangers . Mrs Luann J. Lynch is great instructor , i really love the way she taught us. thanks to her for making Managerial Accounting so easy .

AM

5.0Reviewed Jul 4, 2024

Great class, instructor, and course material. I really enjoyed the honors assignments. I feel have learned a lot in this course.

XO

5.0Reviewed Sep 22, 2020

Very interesting and would love to learn more , the time was not enough for me but I could understand very well.