Management Accounting

2022/2023

Учебный год

ENG

Обучение ведется на английском языке

3

Кредиты

Кто читает:

Департамент финансов

Статус:

Курс по выбору

Когда читается:

1-й курс, 3 модуль

Course Syllabus

Abstract

This course introduces the principles and methods of data collection and proceeding for business performance evaluation, planning, control, and decision making. It emphasizes traditional and activity-based costing methods and marginal approach in performance analysis, cost-volume-profit analysis, short-term assets and cash management, budgeting approaches and managerial control instruments, responsibilities and performance measurement of business operating segments and projects, pricing and revenue management with focus on transfer pricing and intercomany budgeting in international companies.

Learning Objectives

• To equip students with tools and methods of computation and economic evaluation for decision-making in operations to provide a strong linkage with strategy

Expected Learning Outcomes

• By the end of spring semester students are expected to apply managerial accounting analytical tools for internal control, pricing and developing different budgets for financial planning purposes as well as to get essential skills in capital budgeting techniques.

Course Contents

• 1. Introduction to Management Accounting
• 2. Cost Concepts and Behavior
• 3. Profitability Analysis for Decision-making
• 4. Operating Finances and Working Capital Management
• 5. Management Control Systems and Budgeting
• 6. Performance management

Assessment Elements

• in-class tasks - individual
  in-class short tasks
• Group task
  group project with presentation
• Home task individual
  calculative home task
• Exam

Interim Assessment

• 2022/2023 3rd module
  0.4 * Exam + 0.2 * in-class tasks - individual + 0.2 * Home task individual + 0.2 * Group task

Bibliography

Recommended Core Bibliography

• Cost and management accounting : an introduction, Drury, C., 2006
• Cost management : a strategic emphasis, Blocher, E. J., 2008

Recommended Additional Bibliography

• Cost and management accounting : an introduction, Drury, C., 2011
• Cost management : a strategic emphasis, Blocher, E. J., 2010
• Cost management : a strategical emphasis, Blocher, E. J., 2013