Syllabus

Title
1819 Specialization in Business Administration Course III - Advanced Management Accounting
Instructors
Univ.Prof. Dr. Christian Riegler, Dr. Mariana Sailer
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
11/27/19 to 11/29/19
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Wednesday 12/04/19 08:00 AM - 12:00 PM D3.0.233
Thursday 12/12/19 08:00 AM - 11:30 AM TC.5.27
Wednesday 12/18/19 08:00 AM - 11:30 AM D3.0.233
Wednesday 01/08/20 09:00 AM - 12:30 PM D3.0.233
Wednesday 01/15/20 08:30 AM - 12:00 PM TC.2.01
Monday 01/20/20 09:00 AM - 12:30 PM D3.0.233
Thursday 01/30/20 07:00 PM - 09:00 PM TC.0.10 Audimax

Contents

In this course, we discuss fundamental issues of advanced management accounting and control in an international context. Based on the knowledge of the courses AMC1 and AMC 2 we identify important tools of management accounting which are widely used in corporate practice all over the world. We focus on topics especially important for decentralized large international firms like transfer pricing and performance measurement & incentives and intensify knowledge about basic processes like budgeting and variance analysis. In this context we also address the increasing importance of non-financial information and its usage in management accounting. The course is based on an international textbook to allow for discussing all related topics in English.

Learning outcomes

Students develop a solid understanding of the advanced concept of management accounting and control in an international context. They gain insight into the questions of how and when management accounting tools may be helpful for controlling the firm. They develop skills to see the (increasing) need for management accounting tools in large decentralized companies and learn to judge the costs and benefits of the usage of different management accounting tools. Additionally, they know about the importance of considering non-financial information in management accounting.

Attendance requirements

80 %

Teaching/learning method(s)

Students are required to prepare for the lectures by reading the related chapters in the textbook, the course is based on. After a short quiz at the beginning of the lecture, which tests the knowledge acquired at home, theory and practical implications are disused in the lecture. Problem sets and exercises are used to illustrate and deepen the issues. Students are actively involved in developing solutions during the lecture. By means of home exercises they recap the course’s content. 

Assessment

Assessment is based on:

Quizzes (in the beginning of course sessions):

5 Quizzes á 6 %

Home exercises

6 Exercises á 5%

Written-end of seminar exam (last session of the course):

40 %

In order to pass the course, students are required to achieve more than 50 % of the total reachable points.

Prerequisites for participation and waiting lists

This course is a PI course with 80% attendance. Students who are not present in the first unit will be deregistered and the place will be given to some other student from the waiting list.

Readings

1 Author: Bhimani, A./Horngren, C.T/Datar, S.M./Rajan, M.V.
Title:

Management and Cost Accounting


Edition: 7
Year: 2019
Content relevant for class examination: Yes
Recommendation: Essential reading for all students
Type: Book
2 Author: Drury, C
Title:

Management and Cost Accounting


Edition: 10
Year: 2017
Content relevant for class examination: Yes
Recommendation: Strongly recommended (but no absolute necessity for purchase)
Type: Book

Recommended previous knowledge and skills

Basic knowledge of Cost Accounting and Management Accounting (AMC 1, AMC 2).

Availability of lecturer(s)

Unit details

Unit Date Contents
1

The basic concept of Management Accounting & Control

Required Reading: Bhimani, A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7th edition, 2019, Chapter 1

Transfer Pricing :

Required Reading: Bhimani, A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7th edition, 2019, Chapter 18

2

Transfer Pricing continued

Required Reading: Bhimani, A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7th edition, 2019, Chapter 18

3

Performance Measurement, Incentives and Compensation:

Required Reading: Bhimani, A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7th edition, 2019, Chapter 19

Anthony, R.N./Govindarajan, V.: Management Control Systems, 12th edition, 2007,Chapters 11-12

4

The Masterbudget

Bhimani,A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7thedition, 2019, Chapter 14

5

The Masterbudget continued

Required Reading: Bhimani, A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7th edition, 2019, Chapter 14

6

Flexible Budgets and Variance Analysis

Required Reading: Bhimani, A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7th edition, 2019, Chapters 15, 16, 22

7

Written Exam

Last edited: 2020-01-20



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