Learn how to read and interpret financial statements and manage costs to take informed business decisions.
Understand what you need to succeed in this course and determine if it's the right fit for your learning goals
What you need before starting this Accounting for Decision-Making course:
Beginner-Friendly Course!
This course is designed for absolute beginners. No prior knowledge needed.
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Everything you need to know about this online course, from duration to certification
In order for a manager to effectively perform their role they must have an understanding of accounting information, as accounting systems generate information that is used by both internal and external stakeholders Having a good understanding of accounting allows managers to communicate with the finance department, bankers, suppliers and even tax authorities. In this finance course, you will learn how to read and understand financial statements. You will learn all relevant and important terms as they relate to the three financial statements - balance sheet, income statement and cash flow statement. Subsequently, you will develop the capability to analyze business performance through financial statements. You will see how the performance of any organization is impacted by four fundamental drivers of profitability - asset management, cost management, leverage management and tax management. In the second part of the course, you will learn how to manage costs. We will cover product costing, budgeting , budgetary control and cost analysis for decision making. Successfully completing this course will transform you into a manager who is confident while discussing and handling accounting and financial matters in the workplace, and help you as you move forward in your managerial career and take on senior roles.
Difficulty Level
Intermediate
Some foundational knowledge required
Subject Category
Business & Management, Economics & Finance
Part of our Business & Management, Economics & Finance curriculum
Course Language
English
All materials in English
This online course offers comprehensive training with expert instruction, practical exercises, and a certificate of completion. Join thousands of students advancing their careers through quality online education.
Comprehensive Program
Professional training from $150
Pricing may vary. Check the course provider for current promotions and exact pricing.
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