Financial Analysis of Scenarios and Decisions (Coursera)

Financial Analysis of Scenarios and Decisions (Coursera)

This course focuses on adopting and implementing a financially analytic mindset when engaged in organizational decision-making and scenario analysis. The course begins with an overview of the "internal" perspective of the organization, in which you will learn fundamental concepts, including the importance of how cost information is organized for different decision scenarios. You will then learn about scenario analysis, including cost-volume-profit analysis and other fundamental concepts that help facilitate financial organizational decision-making.

Class Deals by MOOC List - Click here and see Coursera's Active Discounts, Deals, and Promo Codes.

Next, you will learn about planning and budgeting, a key function that allows organizations to identify and allocate resources necessary to achieve organizational goals. You will then learn how to assess actual performance against these budgets using variance analysis.
Finally, you will learn about the organization’s performance measurement, evaluation, and compensation system. Specifically, you will learn about the advantages and disadvantages of common financial performance measures and understand how an organization uses non-financial performance measures within its strategic performance measurement system to complement the financial perspective.
Course 3 of 3 in the Financial Analysis - Skills for Success Specialization.

Syllabus

WEEK 1
Course Introduction and Module 1: Accounting Using an Internal Perspective
In this module, you will become familiar with the course, your instructor, your classmates, and our learning environment. Then, you will be introduced to Managerial Accounting and Costing Concepts. Next, you will explore cost-volume-profit (CVP) analysis. CVP analysis is a tool that managers can use to better understand the answers to "what-if" questions in order to make better decisions for their companies. You will also explore the nature and role of relevant information in common business decisions, two key related concepts, and how to avoid common decision-making "pitfalls."

WEEK 2
Module 2: Planning and Budgeting
At the heart of an organization’s planning and control function is its budget. In this module, you will explore the purpose of budgeting, the role of managers and employees in budgeting, and related implications. You will also develop an organization’s budget, ultimately understanding the iterative nature among the budget’s key components.

WEEK 3
Module 3: Variance Analysis
After establishing goals, setting targets, and the budget, upper management uses variance analysis to compare, assess, and investigate differences between actual and expected performance. In this module, you will learn how upper management uses variance analysis to motivate and monitor managers and employees, how to perform variance analysis on any aspect of the organization, and ultimately understand the power of this important tool for planning and control.

WEEK 4
Module 4: Performance Measurement and Evaluation
Accountants help implement, communicate, and evolve organizational strategy via the information they provide to owners, managers, and employees. Specifically, they help plan, monitor, and control decisions via the performance measurement, evaluation, and compensation system. In this module, you will explore many aspects of this important system, including decentralization, financial and non-financial performance measurement, strategic performance measurement systems, and subjective performance evaluation.

Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

OKR Certification: Leadership and Goal Setting (Coursera) Coursera
Measure What Matters

OKR Certification: Leadership and Goal Setting (Coursera)

“Ideas are easy. Execution is everything.” -John Doerr. In this one-of-a-kind OKR Certification, John Doerr builds on his New York Times best-selling book, Measure What Matters. The chairman of the venture capital firm Kleiner Perkins, Doerr reveals how the goal-setting system of Objectives and Key Results (OKRs) can lead to exponential growth.

Sep 14th 2026
4 Weeks
Foundations of Hotel Budgeting and Forecasting (Coursera) Coursera
Starweaver

Foundations of Hotel Budgeting and Forecasting (Coursera)

The "Foundations of Hotel Budgeting and Forecasting" course is designed to equip learners with the essential skills and knowledge needed to excel in the dynamic hospitality industry. As the industry continues to evolve, effective budgeting and forecasting have become imperative for hotel management. This course offers a comprehensive understanding of fundamental concepts, practices, and tools in hotel budgeting and forecasting, making it an ideal choice for various target learners.

Sep 14th 2026
4 Weeks
Análisis de Sistemas de Transporte (Coursera) Coursera
Pontificia Universidad Católica de Chile

Análisis de Sistemas de Transporte (Coursera)

Este curso es una introducción a las metodologías fundamentales para la gestión, planificación y evaluación de sistemas de transporte de pasajeros. Se aprenderán técnicas usadas en la práctica para estimar la demanda, modelar la operación y realizar análisis económicos de proyectos de transporte.

Sep 7th 2026
5-12 Weeks
Cross Functional Collaboration (Coursera) Coursera
Starweaver

Cross Functional Collaboration (Coursera)

Welcome to the "Cross-Functional Collaboration" course! This course focuses on the principles and strategies for collaborating effectively with colleagues from different functional areas. Through this course, you will learn techniques to overcome challenges, foster teamwork, and leverage diverse perspectives to achieve common goals. The course emphasizes the importance of building a culture of trust and cooperation among team members and covers various techniques to improve communication, manage conflicts, and make informed decisions through collaborative efforts.

Sep 14th 2026
1 Week
Business English: Finance and Economics (Coursera) Coursera
Arizona State University

Business English: Finance and Economics (Coursera)

Do you work in finance or interact with finance professionals? Is it necessary to speak, write or understand English in your career? Follow the authentic characters in this course as they work through common business situations in finance and economics. Learn from your successes and failure, and think critically about your own communication options.

Sep 14th 2026
5-12 Weeks
The Cycle: Management of Successful Arts and Cultural Organizations (Coursera) Coursera
University of Maryland, College Park

The Cycle: Management of Successful Arts and Cultural Organizations (Coursera)

What makes a successful arts and cultural organization? Led by DeVos Institute Chairman Michael M. Kaiser and President Brett Egan, this course will introduce you to a management theory called the Cycle which supports thriving arts and cultural organizations. Learning from our work with managers from over 80 countries around the world, the DeVos Institute developed the Cycle as a simple, but powerful tool to assist managers in their effort to respond to an increasingly complex environment and propel their institutions to excellence.

Sep 7th 2026
5-12 Weeks
Unethical Decision Making in Organizations (Coursera) Coursera
University of Lausanne

Unethical Decision Making in Organizations (Coursera)

This course 'Unethical decision making in organizations : A seminar on the dark side of the force' will teach you how strong organizational contexts push good people towards unethical decisions. You will also learn how to protect yourself and your organization against such forces lurking in the dark. This course teaches how narrow frames and strong contexts can push good people towards unethical decisions and how they can protect themselves and their organization against ethical blindness.

Sep 7th 2026
5-12 Weeks
Estadística aplicada a los negocios (Coursera) Coursera
Universidad Austral

Estadística aplicada a los negocios (Coursera)

La toma de decisiones está en la esencia de los negocios. Gerenciar es tomar decisiones, muchas veces bajo presión, con información desordenada y en un contexto de incertidumbre. Un aspecto básico es entender y analizar la información, organizar los datos de forma de facilitar su posterior uso y la toma de decisiones.

Sep 14th 2026
4 Weeks
Fundamentals of financial and management accounting (Coursera) Coursera
Politecnico di Milano

Fundamentals of financial and management accounting (Coursera)

This is an introductory course on financial and management accounting. The first part of this course will introduce the basic accounting principles and accounting terminology to understand how a company keeps control of financial events and provides information on how it is performing. These basic concepts will support the analysis of financial reports companies prepare. We will go through balance sheet, income statement, financial statement, learning how to read and analyze them.

Sep 7th 2026
5-12 Weeks