About this Course
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지금 바로 시작해 나만의 일정에 따라 학습을 진행하세요.

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일정에 따라 마감일을 재설정합니다.

중급 단계

완료하는 데 약 30시간 필요

권장: 2-3 hours per week...


자막: 영어, 아랍어

100% 온라인

지금 바로 시작해 나만의 일정에 따라 학습을 진행하세요.

유동적 마감일

일정에 따라 마감일을 재설정합니다.

중급 단계

완료하는 데 약 30시간 필요

권장: 2-3 hours per week...


자막: 영어, 아랍어

강의 계획 - 이 강좌에서 배울 내용

완료하는 데 3시간 필요

Why Do We Have Accounting and How Can You Make it Work for You?

Every organized society needs information about its activities and accomplishments. Accounting was created to fulfill this need. In this module we will explore how accounting was designed to meet the needs of decision makers and what this means to you as a user of accounting information. We will discuss the concept behind accrual accounting including introducing the two primary accrual accounting financial statements - the balance sheet and income statement. This module will discuss the purpose and goal of those financial statements, but we will save your experience in creating those statements until module two. In lesson two of this module, we will explore some basic bookkeeping tools that will get you ready to create a set of financial statements. The material in this module is likely to take less than a week, but we will make up for it in module two.

10 videos (Total 95 min), 7 readings, 4 quizzes
10개의 동영상
Why Do We Have Accounting?10m
What is Accrual Accounting?8m
What is a Balance Sheet?9m
What is an Income Statement?8m
Comparing the Two Statements6m
Transactions to Financial Statements4m
Journal Entries10m
Using T-Accounts for Account Analysis6m
7개의 읽기 자료
The Structure of the Course10m
The Syllabus10m
Help us learn more about you!10m
Introduction and Overview of Lesson One2m
Introduction and Overview of Lesson Two3m
Notice for Auditing Learners: Assignment Submission10m
Transactions for quiz10m
4개 연습문제
Overview Material12m
Transactions and Journal Entries10m
T-Accounts and Other Ways to Post6m
Module One Test18m
완료하는 데 4시간 필요

The Accounting Cycle and Bookkeeping: Foundational Tools for a Deeper Understanding

In this module we will create a set of accrual accounting financial statements. We will use that experience to walk you through the accounting cycle - which is the process by which accounting captures and aggregates all of the transactions in the period into a set of financial statements. We will examine each step in the accounting cycle using a comprehensive example of a start up wholesale book retailer. You will learn how the steps combine to create the statements. In addition to the comprehensive example we will do together, there will be plenty of chances to practice each step yourself. This module ends with a chance for you to build your own set of financial statements for a start up company. Fair warning: in my opinion this is the least exciting material covered in any accounting class (including this one). It is the basic bookkeeping process, not the interesting part of building an understanding of the business. But just as you need to learn basic addition and subtraction before you can master the math to design a beautiful building, you also need to learn basic bookkeeping as a foundation for the more interesting accounting.

7 videos (Total 81 min), 6 readings, 5 quizzes
7개의 동영상
Comprehensive Example Set Up4m
Recording Externally Prompted Transactions23m
Recording Adjusting Journal Entries10m
Recording Closing Journal Entries9m
Making an Income Statement7m
Making a Balance Sheet11m
6개의 읽기 자료
Introduction and Overview of Lesson Three3m
Introduction and Overview of Lesson Four3m
Introduction and Overview of Lesson Five3m
Introduction and Overview of Lesson Six5m
Instructions for Quiz10m
Transactions to be Used for the Quiz10m
5개 연습문제
Quiz on Introduction to the Accounting Cycle6m
Transaction Entries25m
Adjusting and Closing Journal Entries10m
Quiz Financial Statements6m
Accounting Cycle Comprehensive Quiz1시 30분
완료하는 데 3시간 필요

Revenue, Accounts Receivable, Inventory and Cost of Goods Sold

In the last module we took an overview perspective to get a sense of the structure of financial statements. For the next three modules we are going to delve into the details of specific items on the accrual financial statements. We will work through the most common items on the balance sheet and income statement to develop an understanding of those items. While we will consider specific items, we will also be building a thought process that we can apply to any future accounting items - even if they are topics that we do not cover in this course. That will allow you to confidently use accounting for years to come, regardless of changes in items or in the specific accounting rules. There are two lessons in this module. The first will cover revenue and the related balance sheet item of accounts receivable. The second lesson will cover costs of goods sold and inventory. We will cover the conceptual economics of each, discuss the current accounting rules and end with a video that applies our bookkeeping tools. The readings for each lesson provide more details.

7 videos (Total 63 min), 2 readings, 4 quizzes
7개의 동영상
Accounting Guidance on Revenue Recognition8m
Bookkeeping for Revenue Recognition3m
Accounting for the Allowance for Doubtful Accounts and the Bad Debt Expense9m
What goes into Inventory and Cost of Goods Sold14m
Which One Did We Sell? Inventory Cost Flow Assumptions14m
Bookkeeping for Inventory Transactions4m
2개의 읽기 자료
Introduction and Overview of Lesson Seven5m
Introduction and Overview of Lesson Eight5m
4개 연습문제
Allowance for Doubtful Accounts20m
Inventory and Cost of Goods Sold20m
Module Three Test30m
완료하는 데 3시간 필요

Long-Lived Assets

As firms operate, they often use long-lived assets to execute their business models. Some of these assets are tangible, such as factories or computers. Others are intangible, such as trademarks and brands. In either case, managers face the issue of determining how much of these items were used in each period as well as the related question of how much remains. In this module, we will examine the economics of such transactions as well how accountants reflect them on financial statements. This module will also cover the most nebulous of intangible assets - goodwill.

10 videos (Total 64 min), 5 readings, 6 quizzes
10개의 동영상
Basic Bookkeeping for Depreciation5m
Changing Depreciation Estimates4m
Selling an Asset6m
When an Asset is used to make another Asset9m
How Do We Think About Non-Physical Assets?7m
Bookkeeping for Amortization and Intangibles3m
What is Goodwill?4m
Calculating Goodwill8m
Asset Impairments6m
5개의 읽기 자료
Introduction and Overview of Lesson Nine2m
Introduction and Overview of Lesson Ten3m
Introduction and Overview of Lesson Eleven1m
Introduction and Overview for Lesson Twelve2m
Introduction and Overview of Lesson Thteen2m
6개 연습문제
Basics of Depreciation12m
More Advanced Depreciation Topics12m
Intangible Assets6m
Quiz for Long Lived Assets40m
10개의 리뷰Chevron Right


이 강좌를 통해 확실한 경력상 이점 얻기

Accounting for Decision Making의 최상위 리뷰

대학: NSOct 10th 2018

With no prior knowledge of accounting it's surprising how easy it is to progress through the course. professor Miller has an amazing ability to explain new concepts in an easy to understand manner!

대학: IGJul 21st 2018

Awesome course, engaging, and very good professor (he should team up with engineers!)



Greg Miller

Ross School of Business

미시건 대학교 정보

The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future....

자주 묻는 질문

  • 강좌에 등록하면 바로 모든 비디오, 테스트 및 프로그래밍 과제(해당하는 경우)에 접근할 수 있습니다. 상호 첨삭 과제는 이 세션이 시작된 경우에만 제출하고 검토할 수 있습니다. 강좌를 구매하지 않고 살펴보기만 하면 특정 과제에 접근하지 못할 수 있습니다.

  • 수료증을 구매하면 성적 평가 과제를 포함한 모든 강좌 자료에 접근할 수 있습니다. 강좌를 완료하면 전자 수료증이 성취도 페이지에 추가되며, 해당 페이지에서 수료증을 인쇄하거나 LinkedIn 프로필에 수료증을 추가할 수 있습니다. 강좌 콘텐츠만 읽고 살펴보려면 해당 강좌를 무료로 청강할 수 있습니다.

  • You can do this course standalone or to qualify for the residential component of the Finance for Strategic Decision-Making Executive Education program.

  • The Finance for Strategic Decision-Making Executive Education program is a hybrid learning opportunity consisting of two digital courses in Accounting and Finance and a companion in-person experience working hands-on with the faculty and your classmates with data and real world problems to identify solutions and opportunities. With this new blended learning program, Michigan Ross is the 1st to combine the ease of access via digital learning with a unique, in-person direct application experience, all with the rigor expected from a globally top ranked business school. You will have to earn a verified certificate in the course to be eligible for the face-to-face program at the Ross School of Business. To learn more, visit http://michiganross.umich.edu/financestrategy.

  • The pricing of the verified certificate is different depending on whether the course is stand alone, as is the case with the Accounting course, or if the course is part of a Specialization, as is the Finance course. All specializations are offered on a monthly subscription model.

  • While the online courses can be taken in any order, generally completion of the Accounting course is recommended before the Finance portion as the application of concepts of Accounting are helpful to completing the Finance course.

  • You will gain:

    -An understanding of the structure of accounting information that is used to make decisions

    -Comfort in using financial statement information to analyze a situation.

    -The ability to synthesize information from various sources to develop a deeper understanding of a situation

    -The skills to analyze financial ratios as well as creating ratios and metric that are custom to the issue you are studying

    -A deep understanding of analytical and financial frameworks to make value-enhancing decisions

    -The ability to conduct detailed and rigorous valuation analyses of both projects and companies

    -Comfort in understanding the financial analyses conducted by colleagues in your organization in proposals and critiques

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