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.
Managerial Accounting: Cost Behaviors, Systems, and Analysis
Managerial Accounting: Cost Behaviors, Systems, and Analysis
This course is part of Value Chain Management Specialization
Instructor: Gary Hecht, Ph.D.
61,380 already enrolled
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Gain insight into a topic and learn the fundamentals.
4.7
(1,329 reviews)
Intermediate level
Some related experience required
Flexible schedule
Approx. 20 hours
Learn at your own pace
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Most learners liked this course
What you'll learn
Describe fundamental concepts of managerial accounting.
Apply the financial perspective of accounting for costs.
Address common "what-if" questions using cost-volume-profit (CVP) analysis and apply CVP analysis in a variety of scenarios.
Apply activity-based costing (ABC) and recognize the influence of setting and decision characteristics on the relevance of ABC systems.
Skills you'll gain
Details to know
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Assessments
11 quizzes, 3 assignments
Taught in English
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This course is part of the Value Chain Management Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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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 readings3 quizzes1 assignment
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 readings2 quizzes2 assignments1 peer review
Instructor
Instructor ratings
4.7 (246 ratings)Offered by
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Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
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4.7
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Showing 3 of 1329
RK
5
Reviewed on Nov 19, 2017
Great Course that gives you the basics of Costing and it's relevant in regular Business decisions. Well articulated to ensure that people new to the concepts also understand it clearly!
NP
5
Reviewed on Mar 19, 2021
I really enjoyed this course. It was really easy for me to grasp complex concepts. Thank you for designing the course in such a way. It really helped me a lot.
AP
5
Reviewed on Mar 23, 2020
Good content overall for the course. Easy to understand in one go. Very well articulated by the Instructor along with relevant examples from practical life scenarios. Thanks a lot Gary!
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