Online Class: Managerial Accounting 101
|  | | | | | Course Cost: 6 Month Subscription Basic Course (no certificate) = $35.00 Course with Online Certificate* = $60.00 |
* Document your course completion with an online certificate (additional shipping/handling charges apply for hard copy delivery). Instantly download, print, and share your certificate and CEUs once awarded. UniversalClass™ offers many wonderful learning tools to help you get the most out of your online course,
including an online portfolio service that manages all your course completions, and a Certificate Verification Service you can use so others may view and verify the authenticity of your awards.
 Course Description Managerial accounting is not as widely used as other forms of accounting, nor is it as known. While companies concern themselves with financial accounting methods like audits, budgets and financial statements, they often completely ignore the forward-thinking methods of managerial accounting.
Managerial accounting is a form of accounting that deals not only with financial information, but information that is not always easy to quantify into numbers and reports. Things like employee performance, efficiency, product rates and customer satisfaction stats are all things that managerial accountants deal with. They take that information and put it into reports that are easy for managers to understand. By doing this, managerial accountants help managers make the important decisions to turn the company in a new direction, or help it continue on as a profitable and respected organization. Financial accounting looks at the company as a whole. The net profit of the company, the revenue and expenses of the company and more. It does not look at the parts that make up the whole. This is what managerial accounting does. It takes the company and breaks it into parts that can be studied and analyzed. Maybe one department is bringing down the rest like a lead weight attached to a strong chain. If this is happening, the methods of managerial accounting will find it and that will help managers take the information and use it to make the company better and more efficient as a result. Managerial accounting is not new, but it is revolutionary and despite originating over 100 years ago, companies are only now realizing the true power of this amazing form of company management. Course Lessons |  | Lesson One: What Is Managerial Accounting?Accounting, like music, comes in many different forms. It is not a single entity that encompasses all needs, but a varied type of specialty that has the ability to help an organization in a variety of ways. | Lesson Two: Managerial Accounting in the OrganizationBefore the 1980's, management accountants were seen as something that was not needed in business because while business had changed greatly in the previous 60 years, managerial accounting had changed little. | Lesson Three: Specifics of Managerial AccountantsAs we have mentioned previously, managerial accountants have a wide and varied series of skills and abilities that they bring to an organization. | Lesson Four: Traditional Managerial AccountingLike anything, managerial accounting has changed over the years to keep up with the changing world. Companies work differently than they once did, and that means things like managerial accounting have had to adapt to stay alive. | Lesson Five: Looking at Policies and Company ComponentsCompanies have set policies in place that dictate how they do things, how they make money and how they produce products and services through the help of the employees who make up their workforce. | Lesson Six: Activity Based CostingActivity based costing is a type of costing model that identifies activities within an organization, and assigns the cost of each of those activities to all the products according to the actual consumption of each of them. | Lesson Seven: Balanced ScorecardThis last lesson looks at the balanced scorecard, which is a tool used for performance management. |
Optional Certificates Awarded - Certificate of Merit
- Certificate of Academic Excellence
In addition to the standard Certificate of Course Completion, Merit Awards may be issued by the instructor at his/her own discretion and are based on student achievement. Merit awards also incur an additional $30.00 processing fee that covers the customization, printing, and delivery of the award, as well as access to the UniversalClass™ Portfolio Service that documents your achievements online. Official Merit Awards have a serial number that verifies the authenticity of the award (great for employers to verify your achievement).
| | Additional Information | Course Title | : | Managerial Accounting 101 | | CEU Value | : | | | Course Number | : | 7550197 | | Course Type | : | Professional Development | | Course URL | : | | | Course Rating | : |  | | Instructor | : | | | Syllabus | : | | | Duration | : | Continuous: Enroll anytime! | | Course Fee | : | Basic Course: $35 | | | | |
NOT FOR COLLEGE CREDIT This is a non-credit course, and is provided for your personal enrichment.
This course is not intended to be a substitute for any state, government, licensing, or educational requirements.
Choose from 5 Payment Methods |  | Credit Card Online | | Credit Card through FAX | | Check/Money Order through Mail | | Credit Card over the Phone | | PayPal | | | | To use any of these methods you must press the "Join this Course" button on this screen and go through the online registration process in order to generate the correct order form and correctly process your enrollment. |
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