Cost Accounting: Decision Making
Master cost behavior analysis, cost-volume profit analysis, and decision-making techniques for effective business management.
Master cost behavior analysis, cost-volume profit analysis, and decision-making techniques for effective business management.
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Cost Accounting Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
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What you'll learn
Learn methods to analyze cost behavior patterns
Apply cost information for business decisions
Differentiate relevant from irrelevant costs
Skills you'll gain
This course includes:
2 Hours PreRecorded video
21 assignments
Access on Mobile, Tablet, Desktop
FullTime access
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There are 3 modules in this course
The course teaches students how to use cost accounting information to improve managerial decision-making. Topics include analyzing cost behavior patterns, determining cost functions, conducting cost-volume profit analysis, and making informed business decisions. The curriculum focuses on practical applications such as pricing strategies, product mix optimization, and capacity planning.
Cost Functions and Determining How Costs Behave
Module 1 · 3 Hours to complete
Cost-volume Profit Analysis
Module 2 · 2 Hours to complete
Cost and Revenue Information for Operative Decisions
Module 3 · 2 Hours to complete
Fee Structure
Instructors
Cost Accounting Expert and Academic Instructor
Eline Schoonjans serves as an instructor at the Technical University of Munich (TUM), specializing in cost accounting and business decision-making. Her course portfolio at TUM includes comprehensive programs in cost accounting fundamentals, focusing on product costing, decision-making strategies, and profit-loss calculations. Her courses have attracted over 7,174 learners globally, maintaining high student satisfaction rates. Her teaching methodology emphasizes practical applications of cost accounting principles, helping professionals develop skills in product costing, profitability analysis, and business decision-making. Her expertise spans various aspects of cost accounting, including activity-based costing, marginal costing, and strategic cost management. Her course content is structured to benefit both beginners and young professionals with business experience, providing them with essential tools for improved business decisions. Her approach combines theoretical foundations with practical examples from various industries, helping students master cost allocation, profit calculation, and strategic decision-making processes.
Prof. Dr. at TUM
Professor Gunther Friedl serves as Dean of the TUM School of Management and holds the Chair of Management Accounting at Technical University of Munich, bringing unique expertise in both physics and business administration. His academic credentials include degrees from TUM (physics) and LMU Munich (business), followed by a Ph.D. (2000) and habilitation (2004). Under his leadership since 2010, the TUM School of Management has achieved Triple Crown accreditation and grown to over 6,000 students. His research focuses on corporate governance, executive compensation, performance measurement, and business valuation, published in prestigious journals including the European Journal of Operational Research and Research Policy. His teaching excellence is recognized through multiple awards, including the TUM Prize for Excellence in Teaching (2013), UNICUM Professor of the Year (2012), and the Best Textbook Award from the German Academic Association for Business Research. At Coursera, his Cost Accounting Specialization has enrolled over 12,000 students globally, with courses maintaining consistently high satisfaction ratings. His expertise is regularly featured in major media outlets including Financial Times and Handelsblatt, and he serves on several boards including the Deutsche Schutzvereinigung für Wertpapierbesitz.
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4.8 course rating
46 ratings
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