Syllabus
Registration via LPIS
Day | Date | Time | Room |
---|---|---|---|
Wednesday | 11/08/23 | 02:30 PM - 06:30 PM | D4.0.127 |
Thursday | 11/16/23 | 02:30 PM - 06:30 PM | D4.0.127 |
Thursday | 11/23/23 | 02:00 PM - 06:00 PM | D4.0.127 |
Thursday | 11/30/23 | 03:30 PM - 07:30 PM | D4.0.127 |
Wednesday | 12/06/23 | 02:00 PM - 06:00 PM | D5.1.002 |
Wednesday | 12/13/23 | 02:00 PM - 04:00 PM | D3.0.225 |
- Class 1: The Economic Foundations of Accounting
- Class 2: Accounting versus Economics: A Closer Look at the Accountant´s Art
- Class 3: Case Study reflecting Class 1 and Class 2
- Class 4: Accounting in a Strategic Setting/ Accounting, Economics and Performance Evaluation
- Class 5: Risk Sharing and Incentives: Student presentations
- Class 6: End of Seminar examination
Technical Skills
This course enables students to:
- Identify the economic foundations of accounting.
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Skillfully use accounting, accounting information, and the accounting system, as opposed to doing accounting.
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Reflect important concepts of accounting, like the meaning of the terms cost, controllability, internal control
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Reflect the substantial value of accounting for decision making within the firm when the accounting information is carefully used. Reflect the fatal and embarrassing errors that can occur when the accounting information is not carefully used.
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Reflect how strategic interactions among managers of a company or among competitors affect the design and the use of the accounting system.
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Identify situations in which the information used to make a decision is not necessarily useful in evaluating the manager who made the decision.
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Reflect the impact of uncertainty and incomplete information on managerial decision making.
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Transfer the theoretical underpinnings to problems of doing accounting using the tools and techniques to solve specific problems in firms typically addressed by management accounting & control. Gain awareness of arising problems.
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Scrutinize the rules, recipes, and handy guidelines for how to use and interpret accounting information in varying economic situations.
Social skills
This course enables students to:
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To scrutinize rules, recipes, and guidelines.
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Discuss possible solutions of problems, to evaluate arguments and to contribute to improve the process of problem solving.
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Organize team work and cooperate in teams to solve problems (cases).
The course consists of lectures, problem sets, discussions and self-study of selected management accounting issues. The problem sets are delivered at the end of each class. The solutions of the problem sets are presented and discussed in the subsequent class.
Assessment is based on:
- Presentation/Discussion of solutions to problem set (Class 2) 10%
- Presentation/Discussion of a case (Class 3) 20 %
- Quiz (Class 4) 10%
- Presentation/Discussion of presentations (Class 5) 20%
- End of seminar exam 40%
Requirement for positive grading is a minimum score 50.5 % in total.
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- Students are expected to have studied intermediate/advanced courses of management accounting & control.
- 7 (2) Studienplan für das Masterstudium Finanzwirtschaft und Rechnungswesen
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