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.
Syllabus
Title
1614 Specialization in Business Administration Course III - Advanced Management Accounting
Instructors
Dr. Mariana Sailer
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
11/23/20 to 11/27/20
Registration via LPIS
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
| Day | Date | Time | Room |
|---|---|---|---|
| Monday | 11/30/20 | 05:30 PM - 09:00 PM | Online-Einheit |
| Monday | 12/07/20 | 09:00 AM - 12:30 PM | Online-Einheit |
| Monday | 12/14/20 | 09:00 AM - 12:30 PM | Online-Einheit |
| Monday | 12/21/20 | 09:00 AM - 12:30 PM | Online-Einheit |
| Monday | 01/11/21 | 09:00 AM - 12:30 PM | Online-Einheit |
| Thursday | 01/28/21 | 04:00 PM - 06:00 PM | Online-Einheit |
On this page:
- Contact details
- Procedure for the course when limited activity on campus
- Contents
- Learning outcomes
- Attendance requirements
- Teaching/learning method(s)
- Assessment
- Prerequisites for participation and waiting lists
- Recommended previous knowledge and skills
- Availability of lecturer(s)
- Readings
- Unit details
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.
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.
In winter semester 2020, the teaching is adapted to distance learning requirements.
Students are supposed to prepare for the lectures by reading the related chapters in the textbook, the course is based on, and going through the additional lecture material on learn@wu.
In the online teaching sessions, excercises will be done together to deepen the understanding of the different topic. Students are actively involved in developing solutions during the lecture. In addition, they can ask targeted questions about the readings and the additional lecture material.
By means of home exercises, students recap the course’s content.
The assessment is based on:
Online Quizzes (10 minutes; beginning at the starting time of course session)
4 Quizzes, total of 25 %
Home exercises (to be uploaded at learn@wu):
4 Exercises, total of 30 %
Final exam:
45 %
Basic knowledge of Cost Accounting and Management Accounting (AMC 1, AMC 2).
| 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 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 |
|
| 3 | Performance Measurement, Incentives and Compensation continued: 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 The Masterbudget Bhimani,A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7thedition, 2019, Chapter 14 |
|
| 4 | The Masterbudget continued Bhimani,A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7thedition, 2019, Chapter 14 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 |
|
| 5 | Flexible Budgets and Variance Analysis continued Required Reading: Bhimani, A./Horngren, C.T/Datar, S.M./Rajan, M.V.: Management and Cost Accounting, 7th edition, 2019, Chapters 15, 16 |
|
| 6 | Written Exam |
Last edited: 2020-07-19
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