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Accounting for Business Decision Making

Fundamentals of Accounting ,

Accounting information is the lifeblood of the organization as it facilitates and influences operational and strategic decisions intended to achieve organizational goals. Organizations benefit from three decision-oriented roles of accounting: measurement, control, and communication. This course provides an introduction to accounting’s measurement role inside of an organization and how accountants communicate information that helps managers and employees make operational decisions. In particular, you will learn how cost information is created and organized to help managers and employees conduct profitability analyses, develop and choose products, make pricing decisions, and make common business decisions. Upon successful completion of this course, you will be able to: • Identify the nature, purpose, and importance of different types of decision-useful accounting information. • Create, organize, and communicate cost information to best suit common operational decisions. • Use accounting information to manage products, control costs, and leverage other drivers of operational success. If you enjoy this business course and are interested in an MBA, consider applying to the iMBA, a flexible, fully-accredited online MBA at an incredibly competitive price offered by the University of Illinois. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

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Rating 3.0 based on 14 ratings
Length 5 weeks
Effort 4 weeks of study, 1-3 hours/week
Starts Jul 3 (45 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 Business Essentials Finance

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What people are saying

fue un buen reto

Fue un buen reto.

buena metodología de enseñanza

Muy buena metodología de enseñanza y una sistematización adecuada.

enseñanza y una sistematización

actual interviews from real

The language used was too robotic and some module questions just do not make sense.It was so frustrating because I had high hopes considering how course 1 and course 2 was delivered so well: the real-life examples were actual interviews from real entrepreneurs who we can relate to, an actual auditor who gives insight on what can be found in a statement.This course was barely visual.

week number 2 exam

Good course with lots to learn The course is good that I have learned a lot, but the week number 2 exam is sort of difficult.Thanks a lot Professor.

all organizations including family

Accounting is very essential for all organizations including family.

auditor who gives insight

got correct it left

This is very useful course to learn Business decision The quizzes which contained multiple felt a bit difficult to answer at start as I keep on answering when the answers got correct it left me a great feeling.Finally, Its worth taking this course I personally feel completing all the 5 courses will be a good start to learn fundamentals and how to take decisions in a organisation.

had high hopes considering

calculus teacher before

I am an engineering major and used to be a Calculus teacher before so I cannot say that I am not privy with numbers.

its worth taking

knowing basic income

Knowing basic income and expense can provide you to get better situation.

Careers

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

Accounting 1 2 3 $33k

Accounting 1 3 $34k

Revenue Accounting/Accounting $42k

Accounting 6 $44k

Accounting 1 4 $48k

Chair, Department of Accounting & Computer Information Systems (ACIS) $51k

Accounting 2 4 $59k

Accounting Information Systems Analyst $60k

IT/Accounting $67k

Accounting/IT $70k

Accounting Officer - Management Accounting $70k

Accounting Coordinator - Regulatory Accounting $80k

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Rating 3.0 based on 14 ratings
Length 5 weeks
Effort 4 weeks of study, 1-3 hours/week
Starts Jul 3 (45 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 Business Essentials Finance

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