UIUC - Financial Analysis of Scenarios and Decisions
- Offered byCoursera
Financial Analysis of Scenarios and Decisions at Coursera Overview
Duration | 17 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Difficulty level | Beginner |
Official Website | Explore Free Course  |
Credential | Certificate |
Financial Analysis of Scenarios and Decisions at Coursera Highlights
- Earn a Certificate upon completion
Financial Analysis of Scenarios and Decisions at Coursera Course details
- This course focuses on adopting and implementing a financially analytic mindset when engaged in organizational decision-making and scenario analysis
- The course begins with an overview of the "internal" perspective of the organization, in which you will learn fundamental concepts, including the importance of how cost information is organized for different decision scenarios
- You will then learn about scenario analysis, including cost-volume-profit analysis and other fundamental concepts that help facilitate financial organizational decision-making
- Next, you will learn about planning and budgeting, a key function that allows organizations to identify and allocate resources necessary to achieve organizational goals
- You will then learn how to assess actual performance against these budgets using variance analysis
- Finally, you will learn about the organization?s performance measurement, evaluation, and compensation system
- Specifically, you will learn about the advantages and disadvantages of common financial performance measures and understand how an organization uses non-financial performance measures within its strategic performance measurement system to complement the financial perspective
Financial Analysis of Scenarios and Decisions at Coursera Curriculum
Course Introduction and Module 1: Accounting Using an Internal Perspective
Meet Professor Nerissa Brown
Meet Professor Gary Hecht
Module 1 Introduction
What is Managerial Accounting?
The Differences Between Financial and Managerial Accounting
Contemporary Issues
Learning Objectives and Terminology
Cost Framework 1 - Objects
Cost Framework 2 - Behavior
Cost Framework 3 - Behavior Example
Learning Objectives and Cost-Volume-Profit Analysis Intro
Cost-Volume-Profit Analysis Example
Cost-Volume-Profit Analysis Multiple Products
Fundamental Concepts
Sunk Costs
Opportunity Costs
Common Mistakes
Syllabus
Glossary
About the Discussion Forums
Updating Your Profile
Module 1 Overview
Module 1 Readings
Orientation Quiz
Lesson 1.1 Practice Quiz
Lesson 1.2 Practice Quiz
Lesson 1.3 Practice Quiz #1
Lesson 1.3 Practice Quiz #2
Lesson 1.3 Practice Quiz #3
Fundamental Concepts and Cost Frameworks Conceptual Quiz
Scenario Analysis Conceptual Quiz
Scenario Analysis Quantitative Quiz
Module 2: Planning and Budgeting
Module 2 Introduction
Basic Terminology
Implications
Master Budget Overview
Sales Budget
Production Budget
Component Budget
Budgeting Income Statement
Financing Budget Overview
Cash Budget - 1
Cash Budget - 2
Cash Budget - 3
Module 2 Overview
Module 2 Readings
Lesson 2.1 Practice Quiz
Lesson 2.2 Practice Quiz
Budgeting for Planning and Control Conceptual Quiz
Budgeting for Planning and Control Quantitative Analysis Quiz
Module 3: Variance Analysis
Module 3 Introduction
Fundamentals and Concepts
Cost Variance Classification
Causes of Variance
An Example Scenario and Direct Materials Variances
Direct Labor Variances
Variable Overhead Variances
Fixed Overhead Variances
General Framework
An Example Scenario
Module 3 Overview
Module 3 Readings
Lesson 3-1.1 Practice Quiz
Lesson 3-1.2 Practice Quiz
Lesson 3-2 Practice Quiz
Standard Costing and Variance Analysis Conceptual Quiz
Standard Costing and Variance Analysis Quantitative AnalisysQuiz
Module 4: Performance Measurement and Evaluation
Module 4 Introduction
Fundamentals and Concepts
Why is Financial Performance Important?
Return on Investment
The Underinvestment Problem
Residual Income
Non-Financial Measures
Strategic Performance Measurement Systems
Performance Measurement Issues
Subjective Performance Evaluation
Module 4 Overview
Module 4 Readings
Lesson 4-1 Practice Quiz
Lesson 4-2 Practice Quiz
Performance Measurement and Evaluation Quiz
Financial Analysis of Scenarios and Decisions at Coursera Admission Process
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Financial Analysis of Scenarios and Decisions