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.
Accounting for Business Decision Making: Measurement and Operational Decisions
Accounting for Business Decision Making: Measurement and Operational Decisions
This course is part of Fundamentals of Accounting Specialization
Taught in English
Some content may not be translated
Instructor: Gary Hecht, Ph.D.
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Gain insight into a topic and learn the fundamentals
3.8
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Beginner level
No prior experience required
16 hours (approximately)
Flexible schedule
Learn at your own pace
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Assessments
15 quizzes
Course
Gain insight into a topic and learn the fundamentals
3.8
(170 reviews)
|
87%
Beginner level
No prior experience required
16 hours (approximately)
Flexible schedule
Learn at your own pace
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
This course is part of the Fundamentals of Accounting Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 5 modules in this course
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
Any organization – no matter how large or small – is extremely complex. It is made up of processes, systems, products, and – perhaps most important – people. Why are people most important? Because they are the ones making decisions, guiding the firm towards success. Wondering what these decisions are and how they’re made? Join in on Module 1!
What's included
7 videos2 readings3 quizzes
Every decision – no matter how big or small – comes down to trading off benefits versus costs. Sounds simple, right? Potential benefits are often easy to envision, and even fun to think about. Costs – a bit less fun – but isn’t it just the price you pay? Not quite. As you’ll see in Module 2, nothing is as simple as it seems!
What's included
9 videos2 readings3 quizzes
Making decisions can be quite daunting. You need to be able to make predictions about the consequences of your actions so that you can make the best decision. Where do you start? Crystal balls are in short supply. So, how about the next best thing? Jump into Module 3 to learn about cost-volume-profit analysis!
What's included
8 videos2 readings4 quizzes1 peer review
Owners, managers, and employees often run into two obstacles when making decisions: (1) not enough of the information they need, and (2) too much of the information they don’t need. Surprisingly, the second problem is often harder to overcome than the first, especially in today’s information-rich environment. How do accountants help managers solve this problem? Jump into Module 4 to find out!
What's included
10 videos3 readings4 quizzes1 peer review1 discussion prompt1 plugin
Instructor
Instructor ratings
3.7 (20 ratings)
Recommended if you're interested in Business Essentials
University of Illinois at Urbana-Champaign
University of Illinois at Urbana-Champaign
Automatic Data Processing, Inc. (ADP)
University of Illinois at Urbana-Champaign
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