Managerial Accounting: Your Prescription for Better Decision Making

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. 

Objectives

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

Highlights

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