About The Course
We will begin with an introduction to the language of managerial accounting that will be referenced throughout the course. This course will help you to understand accounting issues that companies commonly face and how the tools of managerial accounting can be applied to address them. You will learn about the firm’s internal cost systems and the various methods and theories that managers deploy when tracking costs and related profits. You will learn the strengths and weaknesses of each tool and be able to apply the optimal tool for management decisions.
Frequently Asked Questions
How does this course fit into the Improving Business Finances and Operations Specialization?
This is the first course in the track.
Illinois is a world leader in research, teaching, and public engagement, distinguished by the breadth of our programs, broad academic excellence, and internationally renowned faculty.
Basic knowledge of introductory financial accounting concepts is recommended.