Accounting for Managers

In Accounting for Managers, students learn the basic accounting principles needed to effectively make business decisions as a manager. The course begins with a review of  basic math and accounting principles students will need to ensure students are prepared for the material. Students will learn how to make financial decisions, including decisions around budgeting, financial statements, and cost and profit analysis.

Backed by Learning Science

Combining the best features across Lumen, Lumen One is designed with learning tools and processes that better support learning and give every student the chance to succeed. With support from the Bill & Melinda Gates Foundation, Lumen One was developed to promote equitable outcomes in gateway courses. Lumen One’s unique features are specifically designed to boost participation, engagement, and overall learning to ensure success for all students.

Highlight features of Lumen One:

  • Tools to create and foster connection between faculty and students.
  • A Faculty Engagement center that provides faculty with easy-to-access actionable data to enable timely interventions when students need it the most.
  • Varied, relevant content designed to engage students.
  • Personalized study plans with immediate feedback to reinforce strong study skills.
  • Easy-to-use automated messaging tools to better support students.
  • Supported peer community to provide students with meaningful help from subject matter experts and peers.
  • Embedded resources to support faculty to use effective teaching practices and easily do their best work.

Content

Whole Numbers, Fractions, Decimals, Percents and Problem Solving

Calculations and Solving Equations

Accounting Theory

Financial Statements of Business Organizations

Managerial Accounting in Business

Cost Behavior Patterns

Costing Methods

Cost Volume Profit Analysis

Operating Budgets

Cost Variance Analysis

Relevant Revenues and Costs

Managerial Decisions

Statement of Cash Flows

Performance Evaluation in Organizations

Capital Budgeting Decisions

Accounting for Managers is available as a Waymaker course or as a Candela course.

  • Waymaker: User-friendly digital courseware with data-driven learning design, personalization, and messaging tools that can increase student engagement, persistence, and passing rates.

This course is available at no cost to SUNY students.

Developed By

Linda Williams, Tidewater Community College

Joseph Cooke, Walla Walla Community College

Lumen Learning

Why Teach with Open Course Materials?