In this course, you will explore how to use accounting to allocate resources and incentivize manager and employee behaviors in using these resources. You will also learn how financial and non-financial accounting information facilitates strategic performance measurement and how to integrate this information to continuously improve strategy. Upon successful completion of this course, you will be able to: \tUnderstand the role of managerial accounting information in common business decisions \tDifferentiate relevant and irrelevant information \tAvoid common pitfalls in business decisions \tPrepare a master budget and its key components \tDescribe the iterative and interrelated nature of budgeting \tEvaluate capital investments via a variety of measures \tUnderstand how upper management uses variance analysis \tCalculate, interpret, and investigate variances \tUnderstand decentralization and its advantages and disadvantages \tCompute and interpret financial performance measures \tCommunicate the role of non-financial measures and strategic performance measurement systems \tIdentify issues associated with performance measurement and incentives \tUnderstand the nature and role of subjective performance evaluation 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.