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Back to Managerial Accounting: Cost Behaviors, Systems, and Analysis

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

4.7
401 ratings
84 reviews

About this Course

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. Upon successful completion of this course, you will be able to: • Understand what managerial accounting is and why it is important. • Describe fundamental concepts of managerial accounting. • Apply the financial perspective of accounting for costs. • Identify problems associated with relying on financial accounting information for internal decision making. • Organize cost information according to the decision-making needs of the organization. • Apply activity-based costing (ABC) and recognize the influence of setting and decision characteristics on the relevance of ABC systems. • Address common "what-if" questions using cost-volume-profit (CVP) analysis. • Apply CVP analysis in a variety of scenarios. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu....

Top reviews

By AS

Oct 07, 2017

Enjoyed this course as part of the Online MBA from UIUC. The concepts are solidly explained with examples and plenty of practice exams that you can re-take unlimited times to test your understanding.

By W

Nov 20, 2017

The topics are very precise and straight forward to the practice, I just would like to say that more practice would be fantastic with real cases but the time to complete the task is to short

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83 Reviews

By sarah ashraf mohamed abd al raziq

Feb 14, 2019

this is a very helpful course for those who really want to be in a position of decision making in any firm

By fidelis okwesa

Feb 13, 2019

Never liked accounting but Professor Gary sure made it look super easy. I recommend this course.

By Caner Kaya

Feb 11, 2019

The course is really very useful. I learned a lot on this course. I would like to thank Illinois University.

By Carlos Santos

Feb 11, 2019

Interesting course that teaches you all the intricate details of cost based management decisions.

By Zeki Kocalan

Feb 10, 2019

Professor Hecht explains clearly subjects, mini projects and quizzes are well designed !

By Gabrielle Young

Feb 09, 2019

Solid content, videos aren't crazy long. Learned a lot.

By Vikas Chokshi

Feb 06, 2019

Great course, very nice teacher. It is tough but I learned a lot.

By JOSE F. CERDA

Feb 05, 2019

Professors Gary Hecht and Ron Guymon were terrific in their pedagogical methods. I learned and I can remember the material because it was reinforced via various methods.

By Keith Kendall Dupersoy

Feb 05, 2019

Great course I learned a lot of new things, since I studied Comp Sci in college.

By Kaman Cipi

Feb 04, 2019

excellent rendition of how the subject should be approached and learned. Kudos to Prof Gary. He is to be commended for his grasp of the subject, and capacity to teach.