Accounting for Business Decision Making: Measurement and Operational Decisions

Accounting information is the lifeblood of the organization as it facilitates and influences operational and strategic decisions intended to achieve organizational goals. Organizations benefit from three decision-oriented roles of accounting: measurement, control, and communication. This course provides an introduction to accounting’s measurement role inside of an organization and how accountants communicate information that helps managers and employees make operational decisions. In particula

• Identify purpose and importance of decision-useful accounting information
• Create and communicate cost information for operational decisions
• Use accounting data to manage products and control costs