Managerial Accounting: Tools for Facilitating and Guiding Business Decisions

Managerial Accounting: Tools for Facilitating and Guiding Business Decisions

About this course: In this course, you will explore how to use accounting to allocate resources and incentivize manager and employee behaviors in usin

Online MBA – Amity
Online-Kaplan University
Grand Canyon University’s online

About this course: 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.

WEEK 1
Course Overview and Relevant Information for Decision Making
WEEK 2
Budgeting for Planning and Control
WEEK 3
Standard Costing and Variance Analysis
WEEK 4
Performance Measurement and Evaluation

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