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Managerial Accounting

Value Chain Management,

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.

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Rating 4.6 based on 50 ratings
Length 5 weeks
Effort 4 weeks of study, 6-8 hours/week
Starts Dec 14 (11 weeks ago)
Cost $79
From University of Illinois at Urbana-Champaign via Coursera
Instructor Gary Hecht, Ph.D.
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Business Finance

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What people are saying

great course

Overall a great course with relevant use of material.

Great course, I does complement the Managerial Accounting course I took before.

Great course and great information!

exception lecturer teaching aids easy understanding Great course!

thank you so much Great course and great professor.

Very very cool Great course..very knowledgable FInally I understood variance analysis.

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Careers

An overview of related careers and their average salaries in the US. Bars indicate income percentile.

Measurement Foreman 2 $42k

Performance Measurement Coordinator $42k

Measurement Engineer 2 $45k

Measurement Technician 4 $46k

Measurement Engineer 3 $55k

Measurement tech 3 $59k

Measurement operator 2 $60k

Performance Measurement Accountant $67k

Performance Measurement Oversight Analyst $67k

Senior Performance Measurement Oversight Analyst $86k

Analyst, Sales Planning and Performance Measurement $93k

Measurement Technician 1 2 $93k

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Rating 4.6 based on 50 ratings
Length 5 weeks
Effort 4 weeks of study, 6-8 hours/week
Starts Dec 14 (11 weeks ago)
Cost $79
From University of Illinois at Urbana-Champaign via Coursera
Instructor Gary Hecht, Ph.D.
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Business Finance

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