AØKK08092U Managerial Accounting (F)

Volume 2025/2026
Education

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".

 

The course is open to:

  • Exchange and Guest students from abroad
  • Credit students from Danish Universities
  • Open University students
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, 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

Learning Outcome

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.    

 

Competences:

  • 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. 
Literature
  • Seal, W., Rohde, C., Garrison, R.H. & Noreen E.W. “Management Accounting”. McGraw-Hill, 2019, ISBN-13 9780077185534,  ISBN-10 0077185536
  • Selected articles
The course requires knowledge of micro economics as included in Microeconomics I and Microeconomics II at the Bachelor programme in Economics, University of Copenhagen, or similar courses.
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.
Schedule:
3 hours lectures a week from week 6 to 20.
  • Category
  • Hours
  • Lectures
  • 42
  • Preparation
  • 161
  • Exam
  • 3
  • Total
  • 206
Oral
Collective
Credit
7.5 ECTS
Type of assessment
On-site written exam, 3 hours under invigilation
Type of assessment details
ITX-exam in the exam venues of the university.
Examination prerequisites

There are no requirements that the student has to fulfill during the course to be able to sit the exam.

Aid
No aids allowed
Marking scale
7-point grading scale
Censorship form
No external censorship
at the written exam.
An oral re-examination may be with external assessment.
Exam period

Exam information:

The examination date can be found in the exam schedule   here

The exact time and place will be available in Digital Exam from the middle of the semester. 

More information about examination, rules, aids etc. at  Master(UK),  Master(DK) and  Bachelor(DK).

Re-exam

20 minutes oral examination with 20 minutes preparation time.

All aids are allowed during the preparation time and during the examination.

 

Reexam information:

The reexamination date/period can be found in the reexam schedule  here

Exact day, time and place is available in Digital Exam in August.

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.

 

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.