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 Hidden Financial Risks of the AI Boom

Joao Gomes, Wharton professor of finance and senior vice dean of research, centers, and academic initiatives, explains why the Federal Reserve needs to pay closer attention to how the massive AI boom is being financed.…Read More

Knowledge @ Wharton - 9/4/2026
When Teammates Become Competitors

Henning Piezunka, Wharton associate professor of management, explores how competition between colleagues can damage collaboration and reshape workplace relationships.…Read More

Knowledge @ Wharton - 9/2/2026
What Analytics Reveal About College Football’s Top Teams

Bill Connelly, ESPN staff writer and creator of SP+, previews the college football season through playoff odds, schedule strength, roster stability, and conference depth.…Read More

Knowledge @ Wharton - 9/2/2026