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
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Accounting for Business Decision Making: Measurement and Operational Decisions
This course is part of Fundamentals of Accounting Specialization
Instructor: Gary Hecht, Ph.D.
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Approx. 16 hours
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15 assignments
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This course is part of the Fundamentals of Accounting 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.
What's included
3 readings1 assignment1 discussion prompt
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 assignments
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 assignments
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 assignments1 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 assignments1 peer review1 discussion prompt1 plugin
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3.5 (25 ratings)Offered by
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