Parker School of Business

Financial & Managerial Accounting

MIT 15.511 · Intermediate Level

Intermediate accounting: inventory methods, long-term assets, debt, equity, and sophisticated management control systems including ABC costing and transfer pricing.

9 Modules

Self-Paced

Certificate

Graduate Level

What You'll Learn

  • Master the full accounting cycle and adjusting entries
  • Apply FIFO, LIFO, and weighted-average inventory methods
  • Account for long-term assets, depreciation, impairment, and intangibles
  • Price and amortize bonds; account for leases under ASC 842
  • Design responsibility accounting systems (ROI, EVA, balanced scorecard)
  • Implement Activity-Based Costing and strategic cost management
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Academic Attribution

Adapted from MIT OCW 15.511 Financial and Managerial Accounting. MIT Sloan School of Management.

CC BY-NC-SA 4.0

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