In this course, you will explore how to use accounting to allocate resources and incentivize manager and employee behaviors in using these resources. You will also learn how financial and non-financial accounting information facilitates strategic performance measurement and how to integrate this information to continuously improve strategy.
Upon successful completion of this course, you will be able to:
• Understand the role of managerial accounting information in common business decisions
• Differentiate relevant and irrelevant information
• Avoid common pitfalls in business decisions
• Prepare a master budget and its key components
• Describe the iterative and interrelated nature of budgeting
• Evaluate capital investments via a variety of measures
• Understand how upper management uses variance analysis
• Calculate, interpret, and investigate variances
• Understand decentralization and its advantages and disadvantages
• Compute and interpret financial performance measures
• Communicate the role of non-financial measures and strategic performance measurement systems
• Identify issues associated with performance measurement and incentives
• Understand the nature and role of subjective performance evaluation
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.
提供方
教学大纲 - 您将从这门课程中学到什么
周
1完成时间为 7 小时
Course Overview and Relevant Information for Decision Making
In this module, you will become familiar with the course, your instructor, your classmates, and our learning environment. Decisions are at the heart of all organizations. In this module, you will also explore the nature and role of relevant information in common business decisions, and how such information facilitates these decisions and helps managers and employees avoid common pitfalls. You will also consider how the financial perspective adopted by accountants complements other, qualitative perspectives.
18 个视频 （总计 55 分钟）, 8 个阅读材料, 7 个测验
18 个视频
Fundamental Concepts2分钟
Sunk Costs3分钟
Opportunity Costs3分钟
Common Mistakes2分钟
What We've Learned in Lesson 1.144
Learning Objectives and Overview1分钟
Keep or Drop a Product Line6分钟
Make or Buy8分钟
Replace or Retain Equipment6分钟
Additional Considerations2分钟
What We've Learned in Lesson 1.237
Learning Objectives and Overview1分钟
Sell "As-Is" or Process Further4分钟
Accepting a Special Order7分钟
What We've Learned in Lesson 1.340
Module 1 Review39
Like this course? Learn more with the iMBA! (Optional)1分钟
8 个阅读材料
Syllabus10分钟
About this Course: Ratings and Reviews10分钟
About the Discussion Forums10分钟
Glossary10分钟
Social Media10分钟
Getting to Know Your Classmates10分钟
Module 1 Overview10分钟
Module 1 Readings20分钟
6 个练习
Orientation Quiz10分钟
Lesson 1.1 Practice Quiz10分钟
Lesson 1.2 Practice Quiz10分钟
Lesson 1.3 Practice Quiz6分钟
Module 1 - Conceptual Quiz20分钟
Module 1 - Quantitative Analysis Quiz10分钟
周
2完成时间为 5 小时
Budgeting for Planning and Control
At the heart of an organization’s planning and control function is its budget. In this module, you will explore the purpose of budgeting, the role of managers and employees in budgeting, and related implications. You will also develop an organization’s budget, ultimately understanding the iterative nature among the budget’s key components: the operations, financing, and capital investments budgets.
25 个视频 （总计 84 分钟）, 2 个阅读材料, 6 个测验
25 个视频
Basic Terminology4分钟
Implications2分钟
What We've Learned in Lesson 2.139
Master Budget Overview1分钟
Sales Budget2分钟
Production Budget4分钟
Component Budgets11分钟
Budgeted Income Statement3分钟
What We've Learned in Lesson 2.256
Financing Budget Overview1分钟
Cash Budget - 13分钟
Cash Budget - 24分钟
Cash Budget - 36分钟
Extending the Example2分钟
What We've Learned in Lesson 2.337
Capital Budgeting Overview1分钟
Example Scenario4分钟
Payback4分钟
Accounting Rate of Return3分钟
Time Horizon and Implications4分钟
Discounted Cash Flow and Net Present Value7分钟
Internal Rate of Return5分钟
What We've Learned in Lesson 2.446
Module 2 Review46
2 个阅读材料
Module 2 Overview10分钟
Module 2 Readings
6 个练习
Lesson 2.1 Practice Quiz6分钟
Lesson 2.2 Practice Quiz8分钟
Lesson 2.3 Practice Quiz6分钟
Lesson 2.4 Practice Quiz8分钟
Module 2 - Conceptual Quiz20分钟
Module 2 - Quantitative Analysis Quiz10分钟
周
3完成时间为 6 小时
Standard Costing and Variance Analysis
After establishing goals, setting targets, and the budget, upper management uses variance analysis to compare, assess, and investigate differences between actual and expected performance. In this module, you will learn how upper management uses variance analysis to motivate and monitor managers and employees, how to perform variance analysis on any aspect of the organization, and ultimately understand the power of this important tool for planning and control.
13 个视频 （总计 78 分钟）, 2 个阅读材料, 6 个测验
13 个视频
Cost Variance Classification and General Framework10分钟
Causes of Variances5分钟
An Example Scenario and Direct Materials Variances10分钟
Direct Labor Variances7分钟
Variable Overhead Variances3分钟
Fixed Cost Variances7分钟
Production Volume Variances5分钟
What We've Learned in Lesson 3.21分钟
Fundamentals and General Framework6分钟
An Example Scenario11分钟
What We've Learned in Lesson 3.340
Module 3 Review53
2 个阅读材料
Module 3 Overview10分钟
Module 3 Readings
5 个练习
Lesson 3.1 Practice Quiz8分钟
Lesson 3.2 Practice Quiz8分钟
Lesson 3.3 Practice Quiz6分钟
Module 3 - Conceptual Quiz16分钟
Module 3 - Quantitative Analysis Quiz10分钟
周
4完成时间为 2 小时
Performance Measurement and Evaluation
Accountants help implement, communicate, and evolve organizational strategy via the information they provide to owners, managers, and employees. Specifically, they help plan, monitor, and control decisions via the performance measurement, evaluation, and compensation system. In this module, you will explore many aspects of this important system, including decentralization, financial and non-financial performance measurement, strategic performance measurement systems, and subjective performance evaluation.
13 个视频 （总计 62 分钟）, 2 个阅读材料, 4 个测验
13 个视频
What We've Learned in Lesson 4.154
Why is Financial Performance Measurement Important?4分钟
Return on Investment4分钟
The Underinvestment Problem8分钟
Residual Income6分钟
What We've Learned in Lesson 4.253
Non-Financial Measures4分钟
Strategic Performance Measurement Systems8分钟
Performance Measurement Issues7分钟
Subjective Performance Evaluation4分钟
What We've Learned in Lesson 4.31分钟
Module 4 Review49
2 个阅读材料
Module 4 Overview10分钟
Module 4 Readings10分钟
4 个练习
Lesson 4.1 Practice Quiz6分钟
Lesson 4.2 Practice Quiz8分钟
Lesson 4.3 Practice Quiz8分钟
Module 4 Quiz24分钟
4.7
44 个审阅33%
完成这些课程后已开始新的职业生涯
25%
通过此课程获得实实在在的工作福利
热门审阅
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.
Great course and great professor. I learned exactly what I hoped to learn and more. The professor is very clear in explaining and provides easy to follow examples that drive home the concepts.
讲师
Gary Hecht, Ph.D.
Associate Professor of AccountancyDepartment of Accountancy, College of Business
立即开始攻读硕士学位
This 课程 is part of the 100% online Master of Business Administration (iMBA) from 伊利诺伊大学香槟分校.
If you are admitted to the full program, your courses count towards your degree learning.
关于 伊利诺伊大学香槟分校
The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.
关于 Value Chain Management 专项课程
The purpose of organizations is to produce and deliver goods and services of value to customers while generating a surplus for owners. Value chain management focuses on understanding what different customers value, measuring inputs and outputs to assess value, and generating higher value for customers and greater surplus for organizations.
In this Specialization, you will gain competencies that are critical for managers in any functional area. You will learn to create, model, analyze, and maximize value in accounting, operations, and marketing.
This Specialization is part of the University of Illinois iMBA Program. Each course fulfills a portion of the requirements for a University of Illinois course that can earn you college credit.
When you complete the Value Chain Management Specialization, you will:
· Understand how to apply a financial perspective of accounting for costs, understand how financial and non-financial accounting information facilitates strategic performance measurement, and integrate this information to continuously improve strategy.
· Understand the role of operations management and process improvement, synthesize information to make decisions for organizational initiatives, and apply analytical techniques for tactical operations and process improvement decisions.
· Understand how marketing works in the business world and how various marketing elements interact to create value for consumers and ultimately maximize value for your organization.
常见问题
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注册以便获得证书后，您将有权访问所有视频、测验和编程作业（如果适用）。只有在您的班次开课之后，才可以提交和审阅同学互评作业。如果您选择在不购买的情况下浏览课程，可能无法访问某些作业。
我订阅此专项课程后会得到什么？
您注册课程后，将有权访问专项课程中的所有课程，并且会在完成课程后获得证书。您的电子课程证书将添加到您的成就页中，您可以通过该页打印您的课程证书或将其添加到您的领英档案中。如果您只想阅读和查看课程内容，可以免费旁听课程。
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