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Back to Managerial Accounting: Tools for Facilitating and Guiding Business Decisions

Learner Reviews & Feedback for Managerial Accounting: Tools for Facilitating and Guiding Business Decisions by University of Illinois Urbana-Champaign

4.7
stars
628 ratings

About the Course

In this course, you will explore how to use accounting to allocate resources and incentivize manager and employee behaviors with 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. You will be able to: • Understand the role of managerial accounting information and use it to avoid common pitfalls in business decisions • Understand the iterative and interrelated nature of budgeting and apply the key components to preparing a master budget • Evaluate capital investments via a variety of measures • Calculate, interpret, and investigate variances • Understand decentralization and its advantages and disadvantages • Communicate the role of non-financial measures and strategic performance measurement systems • Compute and interpret financial performance measures and identify associate issues This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/....

Top reviews

PS

Aug 26, 2021

I have thorourouly enjoyed this course and gained a helpful insights which I believe would excelled my skills and would be advantageous in the days to come. Thank you for this exciting course.

JB

Dec 13, 2018

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.

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76 - 98 of 98 Reviews for Managerial Accounting: Tools for Facilitating and Guiding Business Decisions

By Rúben J M F

Oct 17, 2020

Durante o curso são abordados vários conceitos fundamentais para o processo de tomada de decisão. Um dos pontos interessantes deste curso é a forma simples como são abordados conceitos complexos. Adicionalmente considero também importante a aplicação de exemplos práticos para ilustrar os conceitos abordados. Recomendo este curso para todos os profissionais das áreas de controlo de gestão, análise financeira e gestão de performance.

By veer k

Jan 22, 2017

Overall a great course with relevant use of material. Suggestion for improvement-the balance scorecard. Knowing how that might be used in organizations would be helpful. Also, a few more case studies in the videos would be good. I would recommend this course to anyone looking to further their knowledge in decision making based accounting.

By Craig P

Aug 21, 2022

Professor Hecht is Cool, Calm and Collective when delivering this course. It was a great review of past Management Accounting courses and provided some new learning on Capital Budgets

By Dustin C K

Nov 4, 2017

Professor Hecht was thorough and broke down all aspects of the course work. The knowledge gained from this course will assist across all fields.

By Junho P

Feb 8, 2017

It is great and helpful, but I think it is kind of needed to be updated such as unavailable links to materials and some errors on the textbook.

By S T

Sep 4, 2020

Excellent Content and they are very well organized.

I am pretty much pleased with the Course. Thank you Instructor Dr. Gary and Coursera Team.

By Flavio J S M

Jan 3, 2018

This Course was well taught and the Instructor has knowledge. More Examples from the various lessons are required.

By R. D P

Jul 2, 2020

Appreciate the effort is taken for formulating the course which is very interesting to learn

By Abdulrahman G K

Jan 4, 2021

Non-Financial Performance Measures need to be enhanced or eliminated

By John Y

Apr 10, 2021

There were issues with the UI for some of the quizzes.

By Gowri p

Jul 7, 2021

I don't get certificate from this course

By Hamada S

Feb 27, 2019

Great course and great information!

By Jaydeep P

Feb 25, 2019

Excellent course for Managers

By Rafik M S

Aug 29, 2016

Great Content !

By Mary M

Jul 11, 2021

very educative

By Lissy A B T

Oct 1, 2020

Good course

By Scott L

Dec 28, 2020

Did not find it relevant to my business, and had trouble identifying where exactly to find the content regarding what was being asked in the exam quizzes. For Week 3, I would have liked to see more working examples of activity, material cost, and sales mix variances. I'm not sure if it was just me, or whether other terms for Spending, Efficiency and Activity variances were being used interchangeably. Overall, in my personal situation of running health clubs, it was fairly unhelpful, although I found it good to hear and become familiar with some common accounting processes, to help with future study. The discussion on subjective evaluation and employee controllability was interesting.

By David H

Oct 12, 2017

Extremely basic if you are doing the high engagement for credit portion of the course. Cases are much more difficult and exam is even harder.

By Luis B S

Jul 13, 2020

The course content is good but the teacher is boring and sometimes gets confused through the explanation of the exercises

By GUIDO G

May 16, 2021

Module 4 is really poor compared with the rest of the course.

By sadiq f

Mar 17, 2024

very good

By Romain V

Oct 7, 2016

Q

By Chikezie G A

Feb 24, 2023

its too hard