Back to Accounting for Decision Making
University of Michigan

Accounting for Decision Making

Through this course, you will start by addressing the two “big questions” of accounting: “What do I have?” and “How did I do over time?” You will see how the two key financial statements – the balance sheet and the income statement - are designed to answer these questions and then move on to consider how individual transactions aggregate to make up these financial statements. After developing a broad understanding of accounting and financial statements, you will begin to develop a more nuanced understanding of individual components of doing business, such as making a sale or building inventory. By considering many of the more common actions of a company, you will build your understanding of accounting, and explore these concepts by applying them across various types of transactions. Once you understand these individual concepts better, you will be ready to return to the overall financial statements and use them as informational tools, including building ratios. You can do this course standalone or to qualify for the residential component of the Finance for Strategic Decision-Making Executive Education program. For more information, see the FAQ below.

Status: Accounting
Status: Inventory Control Systems
IntermediateCourse29 hours

Featured reviews

AM

5.0Reviewed Apr 21, 2022

Amazing teacher and teaching style this rcourse really helped me to enhance my skills and knowledge further .

VP

5.0Reviewed May 10, 2020

Very informative and useful course. It cover all the basic of accounting and after make this course you will be able to decide if you want to become an accountant or not.

UR

4.0Reviewed Nov 7, 2020

adding merchandising operations would have been great. Otherwise, it's a very informative course.

D

5.0Reviewed Sep 26, 2020

This course is really helpful, it helped me to learn about the making of a financial statement and accounting decisions of a firm.

FG

5.0Reviewed Feb 28, 2022

I am grateful to join this course. The professor explains clearly with examples and the quiz is worth doing because it makes us practice the material. Thank ypu.

JS

5.0Reviewed Sep 6, 2022

T​his course is very helpful and teach a lot of things about accounting, finacing, and calculating , goodwill, incoming statement etc.

PJ

5.0Reviewed Aug 12, 2024

Grâce à ce cours, bien exposé par le professeur, j’arrive à mieux maîtriser certains concepts liés à la prise de décisions en comptabilité, surtout l’analyse des flux de la trésorerie et les ratios.

RM

5.0Reviewed Nov 3, 2020

Excellent Course.. Forgot to mention.. It would be Great if students can get some Credit points. Maybe designing this type of course with that in mind would be really Great

VB

5.0Reviewed May 14, 2020

Very Well designed course and interesting !!!Prof. Greg Miller explains the concepts very lucidly.

AM

5.0Reviewed Oct 14, 2020

The course is really helpful with giving an understanding of fundamentals and basics of accounting, laying a foundation for better understanding on making and understanding books of accounts

RP

5.0Reviewed Nov 2, 2020

Good quick overview with accounting for non accountants, or a review for accountants that haven't use look for the big picture for a while :)

DY

4.0Reviewed Aug 28, 2021

Such an amazing course. I got lot of new knowledge about accounting after learning in this course

All reviews

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Nadia Saud
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Reviewed Oct 10, 2018
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