This course strives to enhance participants' capabilities towards a strong command of management control, a sharp eye on strategic choice and execution, oscillating organization design and a structured way of dealing with future uncertainties.

There will be a pre-course package online approx. 2 weeks before the course starts. It contains information and slides for chapters 1-13 of the Management and Cost Accounting book (see below), including management and cost accounting fundamentals and accounting information for decision making. We highly recommend reading through the pre-course package, especially if you are not fully acquainted with the cost accounting basics, which we will build on. We will not do financial accounting or bookkeeping techniques in this course, the focus will lie on management accounting and control. Since we have different entry levels to the course (depending on how much of management accounting you already did in your bachelor studies), this is meant to be auxiliary material or revision material. If you have any further questions to that, please feel free to contact your course tutor.

A piece of advice: Skim through the pre-course package, but don't get carried away by the number of slides or content. It is meant to be an extensive overview, not to be learnt by heart. We will spend some time in our first meeting to highlight some of the issues, discuss examples, pinpoint and emphasize the essentials.

LITERATURE FOR LECTURES 1 and 2:

We will have a recap of the pre-course package and directly dive into Planning and Budgetary Control Systems. This will cover theory and practical application (examples, minicases, groupwork, etc.). You will get slides and additional material. The Management and Cost Accounting book is considered main literature here. It is not mandatory to purchase the book (most of it will be covered in the slides), however it seems to be an excellent foundation for the topics covered. We will highlight the respective chapters in the slides.