University of Virginia
Managerial Accounting Fundamentals
University of Virginia

Managerial Accounting Fundamentals

Taught in English

Some content may not be translated

66,344 already enrolled

Course

Gain insight into a topic and learn the fundamentals

Luann J. Lynch

Instructor: Luann J. Lynch

4.8

(733 reviews)

Beginner level

Recommended experience

13 hours to complete
3 weeks at 4 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Different types of costs and how they are represented graphically

  • Cost-volume-profit analyses to answer questions around breaking even and generating profit

  • How to calculate and allocate overhead rates within both traditional and activity-based cost allocation systems

  • How to distinguish costs and benefits that are relevant from those that are irrelevant for a given management decision

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

12 quizzes

See how employees at top companies are mastering in-demand skills

Placeholder
Placeholder

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV

Share it on social media and in your performance review

Placeholder

There are 4 modules in this course

Welcome to the course -- we're glad you're here! During this first week, we'll distinguish managerial from financial accounting, including the financial and related information managers need to help them make decisions. We'll then move on to cost behavior including different types of costs, their classifications, and how these classifications help with decision-making. From there, we'll show how to use a scatterplot and the high-low method to estimate cost functions. Let's get started!

What's included

16 videos2 readings3 quizzes1 discussion prompt

Now that we've learned the fundamentals of cost behavior, we're ready to move on to discussing the relationships between cost structure, volume, price, and profit. We'll then see why these relationships matter as we conduct cost-volume-profit analyses to answer questions around breaking even and generating profit.

What's included

15 videos4 quizzes1 peer review1 discussion prompt

After learning how to conduct cost-volume-profit analyses, we're ready to discuss cost allocation and the different types of systems we can use: traditional and activity-based. From there, we'll learn how to calculate overhead rates and allocate overhead within both types of systems.

What's included

14 videos1 reading3 quizzes

In our final week, we'll discuss costs and benefits, and gain an understanding of those that are relevant for a given decision. We'll evaluate the financial impact of a given decision, then determine a reasonable course of action.

What's included

14 videos2 quizzes

Instructor

Instructor ratings
4.9 (224 ratings)
Luann J. Lynch
University of Virginia
2 Courses201,661 learners

Offered by

Recommended if you're interested in Finance

Why people choose Coursera for their career

Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Learner reviews

Showing 3 of 733

4.8

733 reviews

  • 5 stars

    83.69%

  • 4 stars

    13.72%

  • 3 stars

    1.22%

  • 2 stars

    0.40%

  • 1 star

    0.95%

CC
5

Reviewed on Aug 12, 2020

PK
5

Reviewed on May 21, 2020

AK
5

Reviewed on Aug 23, 2020

New to Finance? Start here.

Placeholder

Open new doors with Coursera Plus

Unlimited access to 7,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription

Advance your career with an online degree

Earn a degree from world-class universities - 100% online

Join over 3,400 global companies that choose Coursera for Business

Upskill your employees to excel in the digital economy

Frequently asked questions