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
The examples, exercises and tests ensure that the concepts are understood through and through. Further, Honors content is a definite booster.
I got lot of knowledge from these course I extremely excited to do more course it increases my efficiency towards my skill development
Great class, instructor, and course material. I really enjoyed the honors assignments. I feel have learned a lot in this course.
Coming from a nontraditional background, the information was well explained and ample examples and showing of calculations were provided. Thank you!
I learned the fundamentals of managerial accounting. The exercises helped in understanding the concepts. Professor Lynn is very good!
The time I spent here was so worth it, because it really helps me to gain knowledge about managerial accounting.
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.
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.
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.
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 .
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.
Concepts are presented clearly, with examples built upon from lesson to lesson. Really enjoyed learning about the basics of Managerial Accounting.
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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 .
The course is very well explained: the teacher always managed to let you understand the most and the curriculum is very clear with examples for each case.
One thing I would recommend is to extend the last week courses over 2 weeks. There is a lot of stuff to learn in that particular week and more examples should be given to have clearer understanding. The way those lessons (on week 4) are presented can sometimes be very very confusing. (ex. the "contribution per machine hour" concept).
But overall, it is a great class taught by a great teacher and I highly recommend it...
The instructor is good, but I struggled in two specific areas. After watching and re-watching the lectures, I was still struggling and was not getting helpful feedback. I ended up going to my local library and checking out two textbooks on Managerial Accounting, which cleared up the areas in question. This leads me to believe that it was a combination of the lack of clarity in the lectures, and quiz & test questions that were not well-written; I subsequently was able to easily pass those sections, thanks to the surplus materials from my local library.
It was really amazing course and quite helpful I took an other course on Coursera similar to this one but honestly this one is amazing and i abandoned the other one because that one was out of understanding even though the topics were same so teacher really matters finally loved it
I'm really glad I took this course. It's helped me touch base with the basic concepts of managerial accounting, which I think is going to be really relevant for my professional goals. I also enjoyed the honors section where we worked on the cases like a live business problem. And of course, Prof. Luann's humorous quips during the entire course, kept the subject matter and atmosphere light (although I did find myself rolling my eyes sometimes, at the video transitions to the light boards and Prof. Luann "running", but I'm sure that was the intended purpose to make us forget the course for a moment, so full marks for that!!). I hope there can a more advanced version of this course, But then I expect that's what usiness schools are for! :P
This is a fun learning process. I learnt a lot and all I believe to achieve high score of this lesson you just need to be patient with numbers and use the correct logic to interpret things. But I think the lesson content needed to be a bit more rich, I only find out I have questions when I was taking the exam. But all in all, it was great!
Overall it was very helpful. i had a chance to recall and to learn new topics.
Gained some new skills and that i am ready to use in my practical work.
Really enjoyed the costing methods and the analysis throughout the whole course.
Many thanks for the instructor and best of luck for my peers.
The lecturer has explained so well and I found myself immersed in her teaching. She is perfect for students with no accounting background (like me) to start gaining confidence and interests in accounting for managers.
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.
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.
I thought this is a credit certificate because I attended the training and was able to pass the nerve-wrecking examination and paid necessary course fee to earn that 13 hour training but to my dismay the certificate given says it is an online non-credit course which i cannot use in my application for promotion its clearly stated in the citation in the certificate. Can the coursera address this issue.
This course is very good and useful for someone who wants to learn to invest or someone who wants to learn to analyze the fundamentals of a company that they want to invest in. Because if you complete this course you will get skills such as, Describe different types of costs and how they are represented graphically, Conduct cost-volume-profit analyzes to answer questions around breaking even and generating profit, Calculate and allocate overhead rates within both traditional and activity- based cost allocation systems, etc. The point is about the finances and fundamentals of a company
Although the material got more challenging as it progressed (especially week 3,) I feel like the professor made sure that we could understand all the materials. It's been a while since I've been in school, so even though I've always been a successful student, I was a bit nervous heading in. For all the people out there still hesitant about diving in: have no fear!
It was great that coursera lets me keep pushing my deadlines, so I didn't ever need to make the decision of Work vs. Learning. It was hard, but as long as you take the time to review, you can be sure of success eventually.
I loved the courser but there are still some mistakes in the course, the most critical part is that there are mistakes in the exams (well I found 1 in Week 3). Besides that the course is great, I love how everything is explained, it's interesting that it included some real cases (the Honors part). A lot of opportunities for practicing, this is due to the fact that you need to do the exam like twice so to say because there is the practice quiz and the graded one.
This course was a very helpful introduction to managerial accounting fundamentals. I found it to be engaging, informative, and appropriately challenging for a beginner in the field without being overwhelming. The professor does an excellent job of breaking down complicated subject matter into understandable terms and digestible segments. I highly recommend this course!
This for me is one of the greatest courses I have ever applied for on Coursera. Prof. Lynch breaks down the subject matter into simple, understandable terms, and her flair for the presentation of the material is brilliantly crafted. I would entreat students who have an urge in managerial accounting to take a hand in this course. Thank you.
Managerial accounting fundamentals gives brief on Type of Cost, Break even analysis, relevant cost benefit, make or buy decision making, Keep or drop product decision and activity based costing. it was wonderful course little bit of more calculation but enjoyed the learning with lots of practice. thank you
I'm very happy to have taken this course! I learned a lot from this course thanks to the professor Luann Lynch. She is really professional and I really liked her way of teaching. I strongly recommend others to take this course as well. Coursera is the best learning platform that I have ever known!
Mrs. Lynch is a great teacher, the way she explained is fun and understandable. The exercise is helping me with my college. I learned the basic concepts. Through this course I am gaining confidence and interests in accounting for managers. I strongly recommend others to take this course.
Wonderful course and the great professor, She goes down to the basics and teach how the costs vary with respect to the allocation systems. great insights and thoroughly enjoyed the course. expecting more courses from the prof. Light -board is super fun in the course.