Managerial Accounting: Your Prescription for Better Decision

Overview

This session revisits useful, but potentially underutilized, managerial accounting techniques. You will appreciate a fresh look at concepts you may not have considered since your college days. We will illustrate practical ways you can immediately implement managerial accounting analysis in your professional endeavors.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Prerequisites

Basic working knowledge of financial statements and business processes.

Objectives

After attending this presentation, you will be able to...

• Recognize differences between financial and managerial accounting.
• Revisit fundamental managerial accounting concepts.
• Utilize managerial accounting to facilitate decision-making.
• Apply managerial accounting techniques to actual business circumstances.

Highlights

The major topics that will be covered in this course include:

• Target profit and Break-even analysis.
• Relevant costs and decision-making.
• Standard costs and variances.
• Activity-based costing.
• Segment reporting and analysis.
• Budgeting.