AØKK08092U Managerial Accounting

Volume 2013/2014
Education
BSc in Economics
MSc in Economics
Content

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 and control.

The course contains the following core elements:

  • Job costing systems & process-costing systems 
  • Revenue and Cost terms and behavior
  • Profitability analysis
  • Pricing decisions and target costing
  • Capital Investment decisions
  • Budgetary systems
  • Performance measurement and management
  • Control systems and transfer pricing
Learning Outcome

This course offer the students the opportunity to develop a fundamental knowledge of financial management of a company. The focus is on how to design, implement and use different conventional as well as modern managerial and cost accounting models, techniques and systems for analysis, decision making and control purposes. 

The overall goal is that the students should be able to:

  • Understand the purpose and content of different management accounting models, techniques and systems
  • Be able to apply and use them for different analysis, decision making and control tasks in different companys
  • Analyse and evaluate the strengths and weaknesses of each model, technique and system used for different tasks
Literature

Syllabus (tentative):
Seal, W., Garrisson, R.H., Noreen,E.W. ”Management Accounting, McGraw.Hill, 4th ed., 2012.

Selected articles

The course requires knowledge of micro economics as included in Micro A and Micro B.
3 hours of lectures per week for 14 weeks. Research and theory based dialog lectures are mixed with exercises and cases. The lectures provide the students with the necessary understanding of purpose and content of the techniques and what type of theory they are based on. Through the use of examples and cases from practice the students learn to apply theory and techniques for analysis, decision making and control purposes in practice.
  • Category
  • Hours
  • Exam
  • 3
  • Lectures
  • 42
  • Preparation
  • 161
  • Total
  • 206
Credit
7,5 ECTS
Type of assessment
Written examination, 3 hours under invigilation
A 3 hours written examination taking place at Peter Bangs Vej 36.
Aid
Without aids
Marking scale
7-point grading scale
Censorship form
External censorship
100 % censurship
Exam period
Will be updated before the start of the semester
Re-exam
Same as ordinary. But if only a few students have registered for the re-exam, the exam might change to an oral exams with a synopsis to be handed in. This means that the examination date also will change.
Criteria for exam assesment
The Student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.