Rongchen Li

Rongchen Li
  • Assistant Professor of Accounting

Contact Information

Teaching

Current Courses (Fall 2026)

  • ACCT1020 - Strategic Cost Analysis

    Strategic Cost Analysis is the process of analyzing and managing costs in order to improve the strategic position of the business. This goal can be accomplished by having a thorough understanding of which activities and costs support an organization's strategic position and which activities and costs either weaken it or have no impact. Subsequent cost management efforts can then focus on reducing or limiting expenditures on activities that add little or no strategic value, while increasing expenditures on activities that support the strategic position of the organization. Performance can then be evaluated to ensure that the chosen actions are taken, and that these actions are yielding improved strategic performance. Throughout the course, a strategic cost analysis and management framework will be applied across functions and organizations to highlight the cost analysis and performance evaluation methods available to forecast financial performance and improve strategic position.

    ACCT1020003 ( Syllabus )

    ACCT1020004 ( Syllabus )

All Courses

  • ACCT1020 - Strategic Cost Analysis

    Strategic Cost Analysis is the process of analyzing and managing costs in order to improve the strategic position of the business. This goal can be accomplished by having a thorough understanding of which activities and costs support an organization's strategic position and which activities and costs either weaken it or have no impact. Subsequent cost management efforts can then focus on reducing or limiting expenditures on activities that add little or no strategic value, while increasing expenditures on activities that support the strategic position of the organization. Performance can then be evaluated to ensure that the chosen actions are taken, and that these actions are yielding improved strategic performance. Throughout the course, a strategic cost analysis and management framework will be applied across functions and organizations to highlight the cost analysis and performance evaluation methods available to forecast financial performance and improve strategic position.

Knowledge at Wharton

The Business of Signing a Superstar Athlete

Kenneth Shropshire, professor emeritus of legal studies and business ethics at the Wharton School, explores the expectations, business opportunities, and community impact that come with signing a superstar athlete like LeBron James.…Read More

Knowledge @ Wharton - 10/16/2026
Why Gen Z Is Choosing Sports Betting Over Retirement Savings

Michael Platt, professor of marketing, psychology, and neuroscience at the Wharton School, explains why sports betting is capturing young people’s attention and what it means for their financial futures.…Read More

Knowledge @ Wharton - 10/14/2026
The Analytics Behind Baseball’s Small-Market Success

Mike Petriello, Major League Baseball's director of stats and research, explains the swing data, player development, and matchup decisions changing how teams compete.…Read More

Knowledge @ Wharton - 10/14/2026