Accounting for Managers
33mBeginner2019-10-02
Authors

Joshua Rischin
Company Director of Axium Solutions
Course details
As a leader, having an understanding of accounting principles and roles empowers you to make the best decisions for your team and organization. As finances are often at the center of roundtable discussions, management accountants can be some of your most important allies. Finance consultant Joshua Rischin teaches fundamental accounting principles, then explores key ways to connect with your finance team, shares important questions to ask, and discusses how to build a framework of accountability.
Learning objectives
Differentiate between responsibility and accountability.
Summarize how to define managerial information and reporting needs.
Define exception analysis.
Explain what the feedback loop is.
Describe why managers should understand accounting.
Define management accounting.
Learning objectives
Differentiate between responsibility and accountability.
Summarize how to define managerial information and reporting needs.
Define exception analysis.
Explain what the feedback loop is.
Describe why managers should understand accounting.
Define management accounting.
Skills covered
Accounting SkillsFinance and AccountingPersona
Concepts
0. Introduction
- 01 - Managers and accounting
1. Understanding Accounting for Managers
- 02 - Accounting's for accountants, right
- 03 - What is management accounting
- 04 - Responsibility vs. accountability
2. Helping Managers Meet Their Goals
- 05 - Why managers should understand accounting
- 06 - The role of the management accountant
- 07 - Defining managerial information needs
3. Products That Add Value to Managers
- 08 - Understanding dashboards
- 09 - Understanding storyboards
- 10 - Understanding exception analysis
- 11 - Visualization tools
4. Building a Framework of Accountability
- 12 - Helping managers take ownership
- 13 - Maintaining the feedback loop