Managerial and cost accounting is a set of skills used by professionals in all levels of business. Designed for students seeking to obtain a better understanding of managerial and cost accounting, this course teaches the fundamentals of how to use accounting and financial data to make better, more profitable decisions. Through interactive, online lectures and instructor-led Q&As, this course examines the role of the manager in setting up the budget, evaluating the financial impact of day-to-day management decisions and using the budget as a control tool. By the end of this course, you will have an increased understanding of managerial accounting principles, and will be able to use accounting data to improve business decisions.
Learning Outcomes
- Analyze cost behavior for fixed, variable and mixed costs
- Distinguish between different types of budgets and understand the budgeting process
- Appraise and utilize the activity-based costing system
- Perform financial statement analysis using various techniques
- Use Cost-Volume-Profit analysis to find breakeven points and target profit volumes
Skills You Will Gain
- Financial Statement Analysis
- Cost Behavior
- Capital budgeting
- Job costing and process costing
- CVP Analysis & Short-term Business Decisions