In this course, you will learn how to use accounting to facilitate and align decisions made by owners, managers, and employees. You will learn how accountants create, organize, interpret, and communicate information that improves internal processes, and allows organizations to identify and leverage opportunities to create value within the supply chain and with customers. Upon successful completion of this course, you will be able to: \tUnderstand what managerial accounting is and why it is important. \tDescribe fundamental concepts of managerial accounting. \tApply the financial perspective of accounting for costs. \tIdentify problems associated with relying on financial accounting information for internal decision making. \tOrganize cost information according to the decision-making needs of the organization. \tApply activity-based costing (ABC) and recognize the influence of setting and decision characteristics on the relevance of ABC systems. \tAddress common "what-if" questions using cost-volume-profit (CVP) analysis. \tApply CVP analysis in a variety of scenarios. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.