2024 Managerial Accounting: Your Prescription for Better Decisions

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