AØKK08092U Managerial Accounting (F)
Financial and non-financial data are a very important basis for
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
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:
- 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.
- 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.
- 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,
2015 2019. ISBN-13 9780077157500 ISBN-13 9780077185534 ISBN-10 0077157508 ISBN-10 0077185536
In case of a pandemic like Corona the teaching in this course may be changed to be taught either fully or partly online. For further information, see the course room on Absalon.
3 hours lectures a week from week 6 to 21 (except holidays).
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
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F21; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Forår/Spring – Week 5-30”
Press: “ View Timetable”
For gæste- og enkelfagsstuderende: Tilmelding via Uddannelse i Økonomi.
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationin the exam venues of the university.
The exam assignment is given in English and must be answered in English.
In the event that this summer's exams have to be conducted as online exams due to COVID-19, the exam form will be a 3 H take-home exam with aids. The reexam will be an online oral exam without preparation.
- Exam registration requirements
There are no requirements that the student has to fulfill during the course to be able to sit the exam.
- Without aids
for the written exam.
Regarding the oral reexam, please go to the section "Reexam" for further information about allowed aids.
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
for the written exam. The exam may be chosen for external censorship by random check.
- Exam period
The regular exam takes place:
1 June 2021
The exact time and room will be available in the Digital Exam from the middle of the semester.
In special cases, the exam date can be changed to another time and day. In case of COVID-19 restrictions, please refer to the "Type of assessment" section.
The reexam takes place:
In week 35 or 36 as a
20 minutes oral re-examination with 20 minutes preparation time.
All written aids are allowed during the preparation time and during the examination. The students make a blind draw of a question within the syllabus of the course. In case of COVID-19 restrictions, please refer to the "Type of assessment" section.
Information about the reexam will be available in the Digital Exam early August.
Criteria for exam assesment
Students are assessed on the extent to which they master the learning outcome for the course.
To receive the top grade, 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:
Understand the purpose and content of different cost and management accounting models. techniques and systems.
Design, implement and use different cost and management accounting models, techniques and systems for analysis, decision making and control purposes.
Analyze and evaluate the strengths and weaknesses of each model and technique and system used for different tasks.