Managerial Accounting: Your Prescription for Better Decision Making

Overview

This session revisits useful, but potentially underutilized, managerial accounting techniques. You will appreciate a fresh look at concepts you may not have considered since your college days. We will illustrate practical ways you can immediately implement managerial accounting analysis in your professional endeavors. 

Highlights

• Target profit and Break-even analysis
• Relevant costs and decision-making
• Standard costs and variances
• Activity-based costing
• Segment reporting and analysis
• Budgeting

Prerequisites

Basic working knowledge of financial statements and business processes

Designed For

This session is appropriate for any business professional who makes managerial decisions. Accountants who have not recently considered managerial accounting techniques will benefit from a refresher. Even proficient managerial accountants should appreciate fresh, practical illustrations of managerial accounting analysis and related decisions.

Objectives

• Recognize differences between financial and managerial accounting
• Revisit fundamental managerial accounting concepts
• Utilize managerial accounting to facilitate decision-making
• Be able to apply managerial accounting techniques to actual business circumstances

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.