This course covers both financial and managerial accounting and explores practices that can be used to evaluate and improve organizational performance. Students learn to analyze and evaluate financial accounting information to interpret and measure data for decision-making and performance evaluation purposes. Further, students learn to extract and develop accounting data for use in managerial decision-making. This course reviews financial accounting and reporting, accounting information systems, financial statement analysis, product costing, cost-volume-profit analysis, and operational budgeting and planning.
This graduate course is 6 weeks.
This course has a prerequisite. Please see details in the Prerequisite section below.
Attendance and participation are mandatory in all university courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.
- Differentiate between purpose, content, and users of the financial statements.
- Evaluate a company’s profitability, liquidity, and solvency using financial information.
- Recognize financial reporting concepts.
- Analyze effects of business transactions on financial statements.
- Explain revenue and expense recognition principles.
- Differentiate between the cash and accrual methods of accounting.
- Interpret a comparative analysis of financial statements.
- Perform ratio analyses using financial statements.
- Evaluate the distinguishing features of managerial accounting.
- Differentiate between job, process, and activity-based costing.
- Distinguish between under- and over-applied overhead.
- Relate costing methods to managerial decision-making.
- Apply cost-volume-profit concepts to managerial decision making.
- Prepare a cost–volume–profit analysis to identify contribution margin.
- Evaluate the effects of operating leverage on profitability.
- Determine appropriate budget types for business situations.
- Analyze budgets to detect variances.
- Formulate corrective actions to address variances.
This graduate level course requires proof of completion of a Bachelor's degree. Be prepared to provide documentation during the checkout process.
During the checkout process you will be prompted to provide proof of the requirement(s). If you completed the prerequisite at another institution be prepared to upload an official/unofficial transcript. If you have questions about meeting the prerequisite requirements for this course please contact an enrollment representative at 866-345-1800.
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.
If you have a question contact us at 866-354-1800.