Management Accounting Tools for Making More Effective Business and Operating Decisions  

Upon successful completion of this course, the user should be able to:

• recognize effective communication techniques for accountants,

• translate financial and accounting data terms,

• present data and information derived from your financial accounting data,

• define financial and management accounting and the differences,

• recognize the budgeting and profit planning processes,

• identify cost accounting concepts and financial statement analysis,

• recognize management reporting and control concepts,

• recognize the human aspects of managerial accounting,

• recognize the role of the Controller function in an organization,

• identify the accounting concepts operational managers and owners need to understand in order to effectively manage their business,

• identify capital budgeting concepts, principles, methods, and procedures, and

• identify the performance of an organization or its segments.