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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

Accounting for Decision Making is an online certification course designed for intermediate-level learners. Instructed by Greg Miller, a professor at Ross School of Business, the online programme will coach the student to make the right decisions based on financial statements. Accounting for Decision Making Certification Syllabus will cover various topics including financial accounting, the balance sheet, the income statement, and many more. 

Administered by Coursera, the Accounting for Decision Making Certification Course is offered by the University of Michigan. Accounting for Decision Making Certification by Coursera is structured flexibly and thus, the learners can set the deadline as per their schedule. However, the online course can be completed within about 29 hours. 

The Highlights

  • Provided by Coursera
  • Offered by the University of Michigan
  • Self-Paced Learning Option
  • 100% Online Course
  • Around 29 Hours to Complete 
  • Flexible Deadlines
  • Shareable Certificate
  • Financial Aid Available

Programme Offerings

  • English videos with multiple subtitles
  • Beginner level course
  • Shareable Certificate
  • Financial aid available.

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 6638yesCoursera

The fees for the course Accounting for Decision Making is -

HeadAmount in INR
Certificate feesRs. 6,638

 


What you will learn

Accounting proficiencyFinancial Management

After the completion of the Accounting for Decision Making Training, the learners will have a thorough understanding of accounting and its application in different types of transactions. Plus, they can use financial statements as informational tools also. 


Who it is for

Accounting for Decision Making Classes are highly recommended for professionals such as  Accountant, Finance Executive, Financial Advisor, Financial Analyst, Financial Planner, and whatnot. 


Admission Details

Step 1 -Register and sign up at https://www.coursera.org/ 

Step 2 - Find ‘The  University of Michigan’ to know the online courses provided by them. 

Step 3 - Search for  ‘Accounting for Decision Making’

Step 4- Choose the option  ‘enrol’ and kickstart the course. 

The Syllabus

Videos
  • Welcome
  • Why Do We Have Accounting?
  • What is Accrual Accounting?
  • What is a Balance Sheet?
  • What is an Income Statement?
  • Comparing the Two Statements
  • Transactions to Financial Statements
  • Journal Entries
  • T-Accounts
  • Using T-Accounts for Account Analysis
Readings
  • The Structure of the Course
  • The Syllabus
  • New Course Syllabus
  • Help us learn more about you!
  • Introduction and Overview of Lesson One
  • Introduction and Overview of Lesson Two
  • Notice for Auditing Learners: Assignment Submission
  • Transactions for quiz
Quizzes
  • Overview Material
  • Transactions and Journal Entries
  • T-Accounts and Other Ways to Post
  • Module One Test
Discussion Prompt
  • Reconciling the goal of accounting with patterns of use

Videos
  • An Overview of the Accounting Cycle
  • Comprehensive Example Set Up
  • Recording Externally Prompted Transactions
  • Recording Adjusting Journal Entries
  • Recording Closing Journal Entries
  • Making an Income Statement
  • Making a Balance Sheet
Readings
  • Introduction and Overview of Lesson Three
  • Introduction and Overview of Lesson Four
  • Introduction and Overview of Lesson Five
  • Introduction and Overview of Lesson Six
  • Instructions for Quiz
  • Transactions to be Used for the Quiz
Quizzes
  • Quiz on Introduction to the Accounting Cycle
  • Transaction Entries
  • Adjusting and Closing Journal Entries
  • Quiz Financial Statements
  • Accounting Cycle Comprehensive Quiz
Discussion Prompt
  • Understanding the process for using financial statements

Videos
  • The Economics of Value Creation
  • Accounting Guidance on Revenue Recognition
  • Bookkeeping for Revenue Recognition
  • Accounting for the Allowance for Doubtful Accounts and the Bad Debt Expense
  • What goes into Inventory and Cost of Goods Sold
  • Which One Did We Sell? Inventory Cost Flow Assumptions
  • Bookkeeping for Inventory Transactions
Readings
  • Introduction and Overview of Lesson Seven
  • Introduction and Overview of Lesson Eight
Quizzes
  • Revenue
  • Allowance for Doubtful Accounts
  • Inventory and Cost of Goods Sold
  • Module Three Test
Discussion Prompt
  • Explaining the challenge of clarifying revenue recognition criteria
  • Defining an acceptable range of judgement for accounting classification

Videos
  • How Do We Think About Long Lived Assets?
  • Basic Bookkeeping for Depreciation
  • Changing Depreciation Estimates
  • Selling an Asset
  • When an Asset is used to make another Asset
  • How Do We Think About Non-Physical Assets?
  • Bookkeeping for Amortization and Intangibles
  • What is Goodwill?
  • Calculating Goodwill
  • Asset Impairments
Readings
  • Introduction and Overview of Lesson Nine
  • Introduction and Overview of Lesson Ten
  • Introduction and Overview of Lesson Eleven
  • Introduction and Overview for Lesson Twelve
  • Introduction and Overview of Lesson Thteen
Quizzes
  • Basics of Depreciation
  • More Advanced Depreciation Topics
  • Intangible Assets
  • Goodwill
  • Impairments
  • Quiz for Long Lived Assets
Discussion Prompt
  • Discussing the usefulness of creating standard lives and salvage values
  • Adjusting Estimates Going Forward
  • The Trouble with Understanding Intangibles
  • So is Goodwill Really an Asset

Videos
  • An Overview of Liabilities
  • Deferred Revenue
  • What is a Contingent Liability?
  • Bookkeeping for Contingent Liabilities
  • The Economics of Interacting with Owners
  • Basic Bookkeeping for Equity
  • Treasury Stock
Readings
  • Introduction and Overview Lesson Fourteen
  • Introduction and Overview Lesson Fifteen
  • Introduction and Overview Lesson Sixteen
  • Introduction and Overview for Lesson Seventeen
Quizzes
  • Basic Liabilities, including Deferred Revenue
  • Contingent Liabilities
  • Basic Equity Transactions
  • Treasury Stock
  • Liabilities and Stockholders Equity
Discussion Prompt
  • Judgement in Contingent Liabilities

Videos
  • Why Do We Have Cash Flow Statements?
  • Putting Cash into Categories
  • Direct Cash Flow Example
  • What is an Indirect Cash Flow Statement
  • Indirect Cash Flow Example
  • Changes in Working Capital
  • Indirect with Changes in Working Capital Example
Readings
  • Introduction and Overview of Lesson Eighteen
  • Introduction and Overview of Lesson Nineteen
  • Introduction and Overview Lesson Twenty
Quizzes
  • Introduction to Cash Flows and Direct Cash Flow Statements
  • Indirect Cash Flow Statements
  • Changes in Working Capital Approach
  • Cash Flow Statements
Discussion Prompt
  • Direct vs. Indirect Cash Flow Statements
  • What Information is on a Cash Flow Statement
  • Changes in Working Capital Shortcut

Videos
  • What is a Ratio?
  • Warnings About Ratios
  • Build Your Own Ratios
  • Stock Over Stock
  • Flow Over Flow
  • Stock and Flow Ratios
  • Congratulations
  • Greg Miller and Gautam Kaul
Readings
  • Introduction and Overview of Session Twenty One
  • Introduction and Overview of Lesson Twenty Two
  • Comprehensive Evaluation
  • Go further
  • Post-Course Survey
  • Keep Learning with Michigan Online
Quizzes
  • Introduction to Ratios
  • Build Your Own Ratios
  • Ratios
  • Cumulative Final Exam

Instructors

UM–Ann Arbor Frequently Asked Questions (FAQ's)

1: Which level students are targeted by the Accounting for Decision Making online course?

The online programme is designed for intermediate-level students.

2: Which institution is offering the Accounting for Decision Making online certification?

The University of Michigan offers an online certification programme. 

3: Is there any option for the learners to audit the online course?

Yes, the learners can either purchase the course or audit. However, in the audit mode, they will not be awarded course certification. 

4: Could the learners take up the online course in a language other than English?

Yes, the learners who belong to the languages Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, and  Spanish can pursue the online course because Coursera provides subtitles for them.

5: How many hours do the students need to complete the online programme?

The students can complete the online course within approximately 29 hours. 

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