关于此课程： 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.
制作方： University of Illinois at Urbana-Champaign
教学方： Gary Hecht, Ph.D., Associate Professor of Accountancy
Department of Accountancy, College of Business
| 基本信息 | 课程 2（共 7 门，Value Chain Management Specialization ） |
| 承诺学习时间 | 4 weeks of study, 6-8 hours/week |
| 语言 | English |
| 如何通过 | 通过所有计分作业以完成课程。 |
| 用户评分 |
授课大纲
第 1 周
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, 8 个阅读材料, 4 个练习测验
- Reading: Syllabus
- Reading: About this Course: Ratings and Reviews
- Reading: About the Discussion Forums
- Reading: Glossary
- Reading: Social Media
- Reading: Getting to Know Your Classmates
- Cuestionario de práctica: Orientation Quiz
- Reading: Module 1 Overview
- Reading: Module 1 Readings
- 视频: Fundamental Concepts
- 视频: Sunk Costs
- 视频: Opportunity Costs
- 视频: Common Mistakes
- 视频: What We've Learned in Lesson 1.1
- Cuestionario de práctica: Lesson 1.1 Practice Quiz
- 视频: Learning Objectives and Overview
- 视频: Keep or Drop a Product Line
- 视频: Make or Buy
- 视频: Replace or Retain Equipment
- 视频: Additional Considerations
- 视频: What We've Learned in Lesson 1.2
- Cuestionario de práctica: Lesson 1.2 Practice Quiz
- 视频: Learning Objectives and Overview
- 视频: Sell "As-Is" or Process Further
- 视频: Accepting a Special Order
- 视频: What We've Learned in Lesson 1.3
- 视频: Module 1 Review
- Cuestionario de práctica: Lesson 1.3 Practice Quiz
- 视频: Like this course? Learn more with the iMBA! (Optional)
已评分: Module 1 - Conceptual Quiz
已评分: Module 1 - Quantitative Analysis Quiz
已评分: Module 1 Mini-Project
第 2 周
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, 2 个阅读材料, 4 个练习测验
- Reading: Module 2 Overview
- Reading: Module 2 Readings
- 视频: Basic Terminology
- 视频: Implications
- 视频: What We've Learned in Lesson 2.1
- Cuestionario de práctica: Lesson 2.1 Practice Quiz
- 视频: Master Budget Overview
- 视频: Sales Budget
- 视频: Production Budget
- 视频: Component Budgets
- 视频: Budgeted Income Statement
- 视频: What We've Learned in Lesson 2.2
- Cuestionario de práctica: Lesson 2.2 Practice Quiz
- 视频: Financing Budget Overview
- 视频: Cash Budget - 1
- 视频: Cash Budget - 2
- 视频: Cash Budget - 3
- 视频: Extending the Example
- 视频: What We've Learned in Lesson 2.3
- Cuestionario de práctica: Lesson 2.3 Practice Quiz
- 视频: Capital Budgeting Overview
- 视频: Example Scenario
- 视频: Payback
- 视频: Accounting Rate of Return
- 视频: Time Horizon and Implications
- 视频: Discounted Cash Flow and Net Present Value
- 视频: Internal Rate of Return
- 视频: What We've Learned in Lesson 2.4
- 视频: Module 2 Review
- Cuestionario de práctica: Lesson 2.4 Practice Quiz
已评分: Module 2 - Conceptual Quiz
已评分: Module 2 - Quantitative Analysis Quiz
第 3 周
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, 2 个阅读材料, 3 个练习测验
- Reading: Module 3 Overview
- Reading: Module 3 Readings
- 视频: Cost Variance Classification and General Framework
- 视频: Causes of Variances
- Cuestionario de práctica: Lesson 3.1 Practice Quiz
- 视频: An Example Scenario and Direct Materials Variances
- 视频: Direct Labor Variances
- 视频: Variable Overhead Variances
- 视频: Fixed Cost Variances
- 视频: Production Volume Variances
- 视频: What We've Learned in Lesson 3.2
- Cuestionario de práctica: Lesson 3.2 Practice Quiz
- 视频: Fundamentals and General Framework
- 视频: An Example Scenario
- 视频: What We've Learned in Lesson 3.3
- 视频: Module 3 Review
- Cuestionario de práctica: Lesson 3.3 Practice Quiz
已评分: Module 3 - Conceptual Quiz
已评分: Module 3 - Quantitative Analysis Quiz
已评分: Module 3 Mini-Project
第 4 周
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, 2 个阅读材料, 3 个练习测验
- Reading: Module 4 Overview
- Reading: Module 4 Readings
- 视频: What We've Learned in Lesson 4.1
- Cuestionario de práctica: Lesson 4.1 Practice Quiz
- 视频: Why is Financial Performance Measurement Important?
- 视频: Return on Investment
- 视频: The Underinvestment Problem
- 视频: Residual Income
- 视频: What We've Learned in Lesson 4.2
- Cuestionario de práctica: Lesson 4.2 Practice Quiz
- 视频: Non-Financial Measures
- 视频: Strategic Performance Measurement Systems
- 视频: Performance Measurement Issues
- 视频: Subjective Performance Evaluation
- 视频: What We've Learned in Lesson 4.3
- 视频: Module 4 Review
- Cuestionario de práctica: Lesson 4.3 Practice Quiz
已评分: Module 4 Quiz
常见问题解答
运作方式
Trabajo del curso
Cada curso es como un libro de texto interactivo, con videos pregrabados, cuestionarios y proyectos.
Ayuda de tus compañeros
Conéctate con miles de estudiantes y debate ideas y materiales del curso, y obtén ayuda para dominar los conceptos.
Certificados
Obtén reconocimiento oficial por tu trabajo y comparte tu éxito con amigos, compañeros y empleadores.
制作方
University of Illinois at Urbana-Champaign
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.
价格
| 购买课程 | |
|---|---|
| 访问课程材料 | 可用 |
| 访问评分的材料 | 可用 |
| 收到最终成绩 | 可用 |
| 获得可共享的课程证书 | 可用 |
评分和审阅
It Was a great learning experience for me. The course is well designed and helps to improve personal skills.
great teacher, explains material well. great slides and easy to understand.
Just great.
FInally I understood variance analysis. Thanks! :)