AØKK08092U Managerial Accounting (F)
MSc programme in Economics – elective course
Bacheloruddannelsen i økonomi – valgfag på 3. år
The Danish BSc programme in Economics - elective at the 3rd year
The course is part of the Financial line in Economics symbolized by "F".
Financial and non-financial data are a very important basis for
evaluation of
profits of different segments as well as evaluating and managing
the efficiency of departments, people and processes in the
organization. But it is also important as a basis for pricing
decisions and planning purposes. The course put focus on how to
capture financial and non-financial data as well as organize and
use them for decision making, planning and control.
The course contains the following core elements:
Job costing systems & process-costing systems
Revenue and Cost terms and behaviour
Profitability analysis on products, customers and other segments
Pricing decisions and target costing
Budgetary systems
Standard Cost Control
Performance measurement and management systems
Control systems and transfer pricing
After completing the course the student is expected to be able to:
Knowledge:
- Develop a fundamental knowledge of financial management of a company.
- Account for the purpose and content of different cost and management accounting models, techniques and systems.
Skills:
- Design, implement and use different conventional as well as modern cost and management accounting models, techniques and systems for analysis, decision making and control purposes.
Competencies:
- Analyse and evaluate the strengths and weaknesses of each model, technique and system used for different tasks and apply the different models and tools in different companies.
- Seal, W., Rohde, C., Garrison, R.H. & Noreen E.W. “Management Accounting”. McGraw-Hill, 2019, ISBN-13 9780077185534, ISBN-10 0077185536
- Selected articles
Restrictions due to pandemic crisis:
The teaching in this course may be changed to be taught either fully or partly online due to a pandemic crisis like COVID-19. In case of changes and further information, please read the study messages in KUnet or the announcements in the course room on Absalon (for enrolled students).
3 hours lectures a week from week 6 to 20.
The overall schema for the 3rd year and Master courses can be seen at KUnet:
MSc in Economics => "courses and teaching" => "Planning and overview" => "Your timetable"
BA i Økonomi/KA i Økonomi => "Kurser og undervisning" => "Planlægning og overblik" => "Dit skema"
Timetable and venue:
To see the time and location of lectures please press the link/links under "Timetable"/"Se skema" at the right side of this page (F means Spring).
You can find the similar information in English at
https://skema.ku.dk/ku2122/uk/module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F22; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Forår/Spring – Week 5-30”
Press: “ View Timetable”
Please be aware:
- The schedule of the lectures can be changed without the participants´ acceptance. If this happens you can see the new schedule in your personal timetable at KUnet, in the app myUCPH and through the links in the right side and the link above.
- It is the students´s own responsibility continuously throughout the study to stay informed about their study, their teaching, their schedule, their exams etc. through the curriculum of the study programme, the study pages at KUnet, student messages, the course description, the Digital Exam portal, Absalon, the personal schema at KUnet and myUCPH app etc.
- Category
- Hours
- Lectures
- 42
- Preparation
- 161
- Exam
- 3
- Total
- 206
for enrolled students: Rules etc at Master(UK), Master(DK) and Bachelor(DK)
Foreign students and guests: Information about admission requirements, application, tuition fee, registration at Study Economics.
Please read the curriculum before enrolment.
Gæste- og enkelfagsstuderende: Tilmelding via Uddannelse i Økonomi.
Læs venligst studieordningen og uddannelsen inden tilmelding.
- Credit
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationas an ITX-exam in the exam venues of the university.
The exam assignment is given in English and must be answered in English.
Changes due to Coronavirus:
In the event that COVID-19 restrictions may affect the conduction of the ITX-exams, the written exam and the re-sit exam will be changed to a 3 hours take-home exam with all aids. If done so, the changes will be announced in study messages at KUnet and in the Digital Exam portal.
The take-home exam is an individual exam and it is not allowed to communicate with any one about the exam assignment nor the solution at all. It is also prohibited to distribute data and other information at all. If this or alike actions happens, it will be regarded as cheating and plagiarism.
__ - Exam registration requirements
There are no requirements that the student has to fulfill during the course to be able to sit the exam.
____
- Aid
No aids allowed at the written ITX-exam.
If the ITX-exam is changed to a take-home exam due to COVID-19, the written take-home exam will be with all aids.
Information about allowed aids for the re-examination, please go to the section "Re-exam".
__
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
at the written exam.
The written ITX-exam may be chosen for external assessment by random sample.
An oral re-examination may be with external assessment.
____ - Exam period
The regular exam takes place:
31 May 2022
Exam information:
The exact time and place will be available in Digital Exam from the middle of the semester.
The Department can change the exam to another type, day, time and place than announced.
More information about examination, rules, aids etc. is available at Master(UK), Master(DK) and Bachelor(DK).
__
- Re-exam
The reexam takes place:
In week 35 or 36 as a
20 minutes oral examination with 20 minutes preparation time.
Written aids are allowed during the preparation time and during the examination.
Due to COVID-19, the re-sit might change to 20 minutes oral ONLINE exam with all aids, without preparation time.
Exact type, day, time and place is available in Digital Exam in August.
The Department can change to another type, day, time and place than announced.
More info: Master(UK),Master(DK) and Bachelor.
Criteria for exam assesment
Students are assessed on the extent to which they master the learning outcome for the course.
In order to obtain the top grade “12”, the student must with no or only a few minor weaknesses be able to demonstrate an excellent performance displaying a high level of command of all aspects of the relevant material and can make use of the knowledge, skills and competencies listed in the learning outcomes.
At the exam in this course the students must especially be able to:
Knowledge:
- Understand the purpose and content of different cost and management accounting models. techniques and systems.
Skills:
- Design, implement and use different cost and management accounting models, techniques and systems for analysis, decision making and control purposes.
Competencies:
- Analyze and evaluate the strengths and weaknesses of each model and technique and system used for different tasks.
In order to obtain the passing grade “02”, the student must in a satisfactory way be able to demonstrate a minimal acceptable level of the knowledge, skills and competencies listed in the learning outcomes.
Course information
- Language
- English
- Course code
- AØKK08092U
- Credit
- 7,5 ECTS
- Level
- Full Degree MasterBachelor
- Duration
- 1 semester
- Placement
- Spring
- Go to 'Signup' for
information about registration and enrollment. - Schedule
- and venue:
- For teaching: Go to 'Remarks'.
- For exam and re-sits: Go to 'Exam'. - Course is also available as continuing and professional education
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Contracting faculty
- Faculty of Social Sciences
Course Coordinators
- Carsten Georg Rohde (19-696778797a6b74346d6b75786d3478756e6a6b466b69757434717b346a71)
Lecturers
See ‘Course Coordinators’
Please read "Remarks" regarding the schedule of the
teaching.