University of Illinois Urbana-Champaign
Managerial Accounting: Cost Behaviors, Systems, and Analysis
University of Illinois Urbana-Champaign

Managerial Accounting: Cost Behaviors, Systems, and Analysis

Gary Hecht, Ph.D.

Instructor: Gary Hecht, Ph.D.

61,402 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
96%
Most learners liked this course
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
96%
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.

Details to know

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Assessments

11 quizzes, 3 assignments

Taught in English

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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)
Gary Hecht, Ph.D.
University of Illinois Urbana-Champaign
9 Courses115,820 learners

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Recommended if you're interested in Finance

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

1,329 reviews

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