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.

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.

Prerequisites

Basic working knowledge of financial statements and business processes.

Designed For

This session is appropriate for any business professional who makes managerial decisions. Accountants who have not recently considered managerial accounting techniques will benefit from a refresher.

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.

Preparation

None