In this course, you will learn how to use accounting to facilitate and align decisions made by owners, managers, and employees. You will learn how accountants create, organize, interpret, and communicate information that improves internal processes and allows organizations to identify and leverage opportunities to create value within the supply chain and with customers.
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Managerial Accounting: Cost Behaviors, Systems, and Analysis
This course is part of Value Chain Management Specialization
Taught in English
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Instructor: Gary Hecht, Ph.D.
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14 quizzes
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There are 4 modules in this course
In this module, you will become familiar with the course, your instructor, your classmates, and our learning environment. Then, you will be introduced to Managerial Accounting and Costing Concepts.
What's included
12 videos9 readings4 quizzes
Organizations can organize cost information however best suits their decisions. In this module, we introduce the role of costing systems, identify some example systems and settings in which they are most useful, and explore how accounting for overhead costs influences the value of cost information.
What's included
8 videos2 readings3 quizzes
Activity-based costing systems adopt a more refined view of the organization, and can increase the accuracy of cost information. In this module, we introduce the fundamentals of activity-based costing systems, identify related advantages and disadvantages, and demonstrate how such systems are implemented using an in-depth example.
What's included
8 videos2 readings3 quizzes1 peer review
Cost-volume-profit (CVP) analysis is the tool that managers can use to better understand the answers to "what-if" questions in order to make better decisions for their companies. In this module you will explore the power of CVP analysis.
What's included
7 videos4 readings4 quizzes1 peer review
Instructor
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Recommended if you're interested in Finance
University of Illinois at Urbana-Champaign
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University of Illinois at Urbana-Champaign
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This course is part of the following degree programs offered by University of Illinois at Urbana-Champaign. If you are admitted and enroll, your coursework can count toward your degree learning and your progress can transfer with you.
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