eLearnAfrica
Accounting for Decision-Making
Indian Institute of Management, Bangalore
  • Start Date: 04 Jan, 2018
  • Self-Paced
  • Study Content: Videos


Learn how to read and interpret financial statements and manage costs to take informed business decisions.

Course Fee: Free
Certificate Cost: 150.00 USD
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Course Description

This course is made available through the eLearnAfrica and Edx partnership.

In order for a manager to effectively perform their role they must have an understanding of accounting information, as accounting systems generate information that is used by both internal and external stakeholders


Having a good understanding of accounting allows managers to communicate with the finance department, bankers, suppliers and even tax authorities.


In this finance course, you will learn how to read and understand financial statements. You will learn all relevant and important terms as they relate to the three financial statements - balance sheet, income statement and cash flow statement. Subsequently, you will develop the capability to analyze business performance through financial statements. You will see how the performance of any organization is impacted by four fundamental drivers of profitability - asset management, cost management, leverage management and tax management.


In the second part of the course, you will learn how to manage costs. We will cover product costing, budgeting , budgetary control and cost analysis for decision making.


Successfully completing this course will transform you into a manager who is confident while discussing and handling accounting and financial matters in the workplace, and help you as you move forward in your managerial career and take on senior roles.

Certificate cost may vary. You will be redirected to the host page for cost and payment options.

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Indian Institute of Management, Bangalore

Established in 1973, the Indian Institute of Management, Bangalore is one of the top management schools in India. We build leaders through holistic, transformative and innovative education.

 

We are known for excellence in both teaching and research, and our alumni are leaders in business, government and civil society across the globe. We collaborate with over a hundred leading management schools in several countries on research initiatives and student and faculty exchange programs. The Financial Times has rated our doctoral program in the top fifty globally. Eduniversal, Paris, has ranked us the best business school in Central Asia.

 

We offer long-duration programs, executive education and specialized courses in areas such as entrepreneurship and public policy. We believe in the disruptive power of technology and are committed to leveraging digital technology to make high quality management education accessible to everyone across the globe. We will launch MOOCs on topics ranging from core management subjects to advanced and specialized offerings.

This institution is available on eLearnAfrica through partnership with Edx.

You may be able to download course materials after enrolling in this course. If not, all of the necessary course materials provided by the course instructor will be available on the provider's course page.
COLLABORATION POLICY

By enrolling in a course on or through eLearnAfrica, you are joining a special worldwide community of learners. The aspiration of eLearnAfrica is to provide anyone with an internet connection access to courses from the best universities and institutions in the world and to provide our learners the best educational experience internet technology enables. You are a part of the community that will help eLearnAfrica achieve this goal. eLearnAfrica depends upon your motivation to learn the material and to do so with honesty and academic integrity. In order to participate in eLearnAfrica, you must agree to the Honor Code below and any additional terms specific to a class.

ELEARNAFRICA HONOR CODE PLEDGE

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VIOLATIONS

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  • Additional actions may be taken at the sole discretion of eLearnAfrica and eLearnAfrica course providers. 

No refunds will be issued in the case of any corrective action for such violations.

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CHANGING THE HONOR CODE

Please note that we review and may make changes to this Honor Code from time to time. Any changes to this Honor Code will be effective immediately upon posting on this page, with an updated effective date. By accessing the App and/or Site after any changes have been made, you signify your agreement on a prospective basis to the modified Honor Code and any changes contained therein. Be sure to return to this page periodically to ensure familiarity with the most current version of this Honor Code.

Effective Date: September 22, 2016