Accounting for Business Decision Making: Strategy Assessment and Control
€0, aangeboden door Coursera
About this course: Accounting information is the lifeblood of the organization, as it facilitates and influences operational and strategic decisions intended to achieve organizational goals. Organizations benefit from three decision-oriented roles of accounting: measurement, control, and communication. This course provides an introduction to accounting’s role in helping managers develop and implement, and improve the organization’s strategy. In particular, you will learn how non-financial and financial information is created, organized, and communicated to help managers make strategic decisions, as well as measure strategic success. This course also provides an introduction to accounting as a control function inside the organization, which helps influence the alignment of managers’ and employees’ decisions with organizational goals. You will learn about different types of controls, including process controls, budgets, and performance measurement and evaluation tools and techniques. Upon successful completion of this course, you will be able to: • Create and communicate accounting information that facilitates strategic decisions. • Use accounting information to develop, implement, and improve organizational strategy. • Implement controls that align managers’ and employees’ decisions with organizational goals. • Measure and evaluate manager and employee performance to control and motivate operational and strategic decision-making. If you enjoy this business course and are interested in an MBA, consider applying to the iMBA, a flexible, fully-accredited online MBA at an incredibly competitive price offered by the University of Illinois. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
Created by:Â Â Â University of Illinois at Urbana-Champaign
Taught by:Â Â Â Â Gary Hecht, Ph.D., Associate Professor of Accountancy
Department of Accountancy, College of Business
Basic Info
Course 4 of 5 in the Fundamentals of Accounting Specialization.
Level
Beginner
Language
English
How To Pass
Pass all graded assignments to complete the course.
User Ratings
5.0 stars
Average User Rating 5.0
Course 4 of Specialization
Accounting Basics for Managers and Entrepreneurs. Apply principles that underlie financial statements and facilitate business decisions and goals.
Fundamentals of Accounting
University of Illinois at Urbana-Champaign
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Syllabus