Accounting for Decision Making

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课程简介

University of Michigan

课程大纲

Every organized society needs information about its activities and accomplishments. Accounting was created to fulfill this need. In this module we will explore how accounting was designed to meet the needs of decision makers and what this means to you as a user of accounting information. We will discuss the concept behind accrual accounting including introducing the two primary accrual accounting financial statements - the balance sheet and income statement. This module will discuss the purpose and goal of those financial statements, but we will save your experience in creating those statements until module two. In lesson two of this module, we will explore some basic bookkeeping tools that will get you ready to create a set of financial statements. The material in this module is likely to take less than a week, but we will make up for it in module two.

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课程详情

Through this course, you will start by addressing the two “big questions” of accounting: “What do I have?” and “How did I do over time?” You will see how the two key financial statements – the balance sheet and the income statement - are designed to answer these questions and then move on to consider how individual transactions aggregate to make up these financial statements. After developing a broad understanding of accounting and financial statements, you will begin to develop a more nuanced understanding of individual components of doing business, such as making a sale or building inventory. By considering many of the more common actions of a company, you will build your understanding of accounting, and explore these concepts by applying them across various types of transactions. Once you understand these individual concepts better, you will be ready to return to the overall financial statements and use them as informational tools, including building ratios. You can do this course standalone or to qualify for the residential component of the Finance for Strategic Decision-Making Executive Education program. For more information, see the FAQ below.

决策会计:在本课程中,您将首先解决会计的两个“大问题”:“我有什么?”和“随着时间的推移我该如何做?”。您将看到这两个关键财务报表如何-资产负债表和损益表-旨在回答这些问题,然后继续考虑单个交易如何汇总以构成这些财务报表。在对会计和财务报表有广泛的了解之后,您将开始对开展业务的各个组成部分(例如进行销售或建立库存)有更细微的了解。通过考虑公司的许多较常见的行为,您将对会计有所了解,并通过将它们应用于各种类型的交易来探索这些概念。一旦您更好地理解了这些单独的概念,便可以准备使用总体财务报表,并将其用作包括建筑比率在内的信息工具。 您可以单独完成本课程,也可以参加战略性财务决策高层管理人员教育计划的居民课程。有关更多信息,请参见下面的常见问题解答。

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