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Online Course

Managerial Accounting and Corporate Control

Indiana University via edX

26
Found in Accounting
  • Provider edX
  • Cost Free Online Course (Audit)
  • Session Upcoming
  • Language English
  • Certificate $500 Certificate Available
  • Effort 8-12 hours a week
  • Duration 12 weeks long
  • Learn more about MOOCs

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Overview

Success in any organization requires measurement systems to support decision making. This course focuses on preparing and analyzing accounting information for internal decisions that are often required to be made by both accounting and non-accounting professionals. In particular, the course will highlight how internal accounting information can be used (and often misused) when making complex business decisions. Managerial accounting is not constrained by the rules and regulations that surround financial accounting, which allows us to develop tailored measurement systems that provide a framework for planning and control, as well as costing products, services, and customers.

Students enrolled in this course will learn to prepare basic financial statements (e.g., balance sheet and income statement). In particular, they will understand how direct and overhead costs influence inventory and cost of goods sold calculations and are accounted for under financial reporting. Further, they will also learn to understand the importance of budgeting and how standard costing and variance analysis are used in evaluating managerial performance. In addition, students will learn how cost behavior and financial information are used in operational decision making and pricing. Finally, students will gain a basic understanding of how cash flows are used in capital budgeting decisions.

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Taught by

Brian P. Miller

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Daniel M
Daniel is taking this course right now.
I’m writing to express my interest in the production manager position listed on web sight I have 2 years and 8-month work experience. From December 4 .2014 to September 10,2016 at fish production and marketing industry as Quality control service head and from September 13, 2016 until now am working at Addis International Catering as quality assurance supervisor position generally at the moment I have 6 years work experience at managerial level and supervisor level , I am young, energetic, hardworking, sociable and willing to work under difficulties. I am confident in capable of working…
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