AU kursuskatalog arkiv

3354: Managerial and Cost Accounting ( efterår 2011 - 10 ECTS )

Rammer for udbud

• Uddannelsessprog: engelsk
• Niveau: Elective course for the bachelor's and master's levels. Compulsory course for the 3rd semester in the Business Administration major programme. (4454)
• Semester/kvarter: Autumn 2011  
• Timer per uge: 4 lectures per week (2x2) - 48 lecture hours in total, and one 1 hour exercise class per week. Timetables can be found at: http://econ.au.dk/studies/teaching-and-examination/teaching/timetables/
• Deltagerbegrænsning:
• Undervisningssted: Århus
• Hovedområde: Det Samfundsvidenskabelige Fakultet
• Udbud ID: 28784

Formål

LEARNING OBJECTIVES:

After following this course, students should be able to

• apply and evaluate alternative costing methods
• formulate and analyze internal accounting reports (including cost reports, income statements, budgets, variance analysis, etc.)
• apply internal accounting information to make sound economic decisions
• contrast the internal accounting system and decision making within the firm

Indhold

COURSE DESCRIPTION:

While financial accounting focuses on external reporting -- and thus follows very clear guidelines set forth by a regulating body or generally accepted accounting principles, managerial and cost accounting focuses on internal reporting and does not need to follow any external regulation. The way that information is reported in managerial and cost accounting responds, rather, to function: information should be presented in whichever way is more conducive to sound decision making, planning, and control. Besides learning different methods of measuring and allocating costs, students will learn how to use managerial and cost accounting information in business decision making, short- and long-run planning, and control.

COURSE SUBJECT AREAS:

• Cost structure and allocation

(e.g. direct costs, overhead, fixed and variable costs, cost estimation, joint costs, support-department costs)

• Costing methods

(e.g. job costing, process costing, activity-based costing)

• Decision making

(e.g. production volume, pricing, quality and stock management, strategy)

• Planning and control

(e.g. budgets, variance analysis, evaluation, transfer pricing, control systems, performance measurement, compensation)

Faglige forudsætninger

REQUIRED COURSES (progression): Introduction to economics and management; Accounting; Principles of economics; Applied statistics or Regression analysis.

Underviser

LECTURER: Leonidas E. De La Rosa

Undervisnings- og arbejdsform

TEACHING METHOD:

Lectures with active student participation. Suggested problems following each topic.

TEACHING LANGUAGE: English

Litteratur

LITERATURE:

Horngren, C. T., Datar, S. M., and Rajan, M. V.: Cost accounting: a managerial emphasis , Pearson Prentice Hall, latest edition. (around 800 pages)

Studieordning og bedømmelse

2. del af sidefaget i erhvervsøkonomi

• Skriftlig, bedømt efter 7-skala med intern censur

Grundfaget i erhvervsøkonomi

• Skriftlig, bedømt efter 7-skala med intern censur

Sidefag i erhvervsøkonomi

• Skriftlig, bedømt efter 7-skala med intern censur

Sidefaget i erhvervsøkonomi

• Skriftlig, bedømt efter 7-skala med intern censur

FORM OF ASSESSMENT: 4-hour written exam

EXAMINATION AIDS ALLOWED: All - except for any means of electronic communication including calculators, mobile phones and PCs. A simple calculator will be available for the students in the examination hall.