Across organizations, managers are expected to have sound knowledge of finance and accounting. As part of their job, managers use large volumes of information produced by accounting systems to make business decisions every day.
This business and management course will show you how accounting information is relevant to managers, and how it can be processed and analyzed for effective managerial decision-making. By examining accounting information that is extensively used across three key managerial functions of planning, decision-making and controlling, the course equips non-finance managers with basic accounting and finance skills. This course also discusses activity based costing, which provides insight on the cost structure of products and services.
What sets this course apart is the practicing manager-centric approach that is a part of each week of the course. Whether you are a student or a practicing manager, this course will allow you to easily follow all topics and directly apply concepts in practice.
What you'll learn:
- Basics of Accounting
- Process Costing
- Cost Allocation
- Cost Analysis for Decision Making
- Variant Analysis