Through this course, you will start by addressing the two “big questions” of accounting: “What do I have?” and “How did I do over time?” You will see how the two key financial statements – the balance sheet and the income statement - are designed to answer these questions and then move on to consider how individual transactions aggregate to make up these financial statements. After developing a broad understanding of accounting and financial statements, you will begin to develop a more nuanced understanding of individual components of doing business, such as making a sale or building inventory. By considering many of the more common actions of a company, you will build your understanding of accounting, and explore these concepts by applying them across various types of transactions. Once you understand these individual concepts better, you will be ready to return to the overall financial statements and use them as informational tools, including building ratios.
Accounting for Decision MakingUniversity of Michigan
About this Course
Syllabus - What you will learn from this course
Why Do We Have Accounting and How Can You Make it Work for You?
The Accounting Cycle and Bookkeeping: Foundational Tools for a Deeper Understanding
Revenue, Accounts Receivable, Inventory and Cost of Goods Sold
- 5 stars83.45%
- 4 stars12.23%
- 3 stars1.91%
- 2 stars0.95%
- 1 star1.43%
TOP REVIEWS FROM ACCOUNTING FOR DECISION MAKING
This course is very intense, and a lot can be gained from paying attention to the professors' lecturers. He makes light work of the accounting process. Kudos to the professor.
Having a wonderful experience one of the great teacher Prof Greg Miller gained a lot of learning from. Very Supportive and helpful material in this course specially lectures form Prof Greg Miller
With no prior knowledge of accounting it's surprising how easy it is to progress through the course. professor Miller has an amazing ability to explain new concepts in an easy to understand manner!
This couse helped me a lot to understand the scope of accounting. and i am more confident now. Thank you, Prefessor Greg Miller.
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Q. What is the Finance for Strategic Decision-Making Executive Education program?
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For the Finance for Strategic Decision-Making Executive Education program, do I need to to take the courses in any particular order?
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