Managerial Accounting (F)

Course content

Financial and non-financial data are a very important basis for evaluation of 
profits of different segments as well as evaluating and managing the efficiency of departments, people and processes in the organization. But it is also important as a basis for pricing decisions and planning purposes. The course put focus on how to capture financial and non-financial data as well as organize and use them for decision making, planning and control.

 

The course contains the following core elements:

  • Job costing systems & process-costing systems

  • Revenue and Cost terms and behaviour

  • Profitability analysis on products, customers and other segments

  • Pricing decisions and target costing

  • Budgetary systems

  • Standard Cost Control

  • Performance measurement and management systems

  • Control systems and transfer pricing

Education

MSc programme in Economics – elective course

 

Bacheloruddannelsen i økonomi – valgfag på 3. år

The Danish BSc programme in Economics - elective at the 3rd year

 

Tilvalgsuddannelsen i Erhvervsøkonomi - Valgfag på kandidatdelen.

 

The course is part of the Financial line in Economics symbolized by "F".

Learning outcome

After completing the course the student is expected to be able to:

 

Knowledge:

  • Develop a fundamental knowledge of financial management of a company.
  • Account for the purpose and content of different cost and management accounting models, techniques and systems.

 

Skills:

  • Design, implement and use different conventional as well as modern cost and management accounting models, techniques and systems for analysis, decision making and control purposes.    

 

Competencies:

  • Analyse and evaluate the strengths and weaknesses of each model, technique and system used for different tasks and apply the different models and tools in different companies. 

 

Research and theory based dialog lectures are mixed with exercises and cases. The lectures provide the students with the necessary understanding of purpose and content of the techniques and what type of theory they are based on. Through the use of examples and cases from practice the students learn to apply theory and techniques for analysis, decision making and control purposes in practice.

Pandemic:
In case of a pandemic like Corona the teaching in this course may be changed to be taught either fully or partly online. For further information, see the course room on Absalon.

Seal, W., Rohde, C., Garrison, R.H. & Noreen E.W. “Management Accounting”. McGraw-Hill, 2015.

ISBN-13 9780077157500

ISBN-10 0077157508

 Selected articles

The course requires knowledge of micro economics as included in Microeconomics I and Microeconomics II at the Bachelor of Economics, University of Copenhagen, or similar courses.

Schedule:
3 hours lectures a week from week 6 to 21 (except holidays).

The overall schema for the 3rd year and Master courses can be seen at KUnet:
MSc in Economics => "courses and teaching" => "Planning and overview" => "Your timetable"
BA i Økonomi/KA i Økonomi => "Kurser og undervisning" => "Planlægning og overblik" => "Dit skema"

Timetable and venue:
To see the time and location of lectures please press the link/links under "Timetable"/​"Se skema" at the right side of this page (F means Spring).

You can find the similar information in English at
https:/​/​skema.ku.dk/​ku2021/​uk/​module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F21; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Forår/Spring – Week 5-30”
Press: “ View Timetable”

Oral
Collective
ECTS
7,5 ECTS
Type of assessment
Written examination, 3 hours under invigilation
in the exam venues of the university.

The exam assignment is given in English and must be answered in English.

Pandemic:
In case of a pandemic like Corona the date, time and type of exam as well as use of aids may be changed. Any further information will be announced here in the Exam section.
____
Aid
Without aids

for the written exam.

 

Regarding the oral reexam, please go to the section "Reexam" for further information about allowed aids.

__

Marking scale
7-point grading scale
Censorship form
No external censorship
for the written exam. The exam may be chosen for external censorship by random check.
____
Criteria for exam assessment

Students are assessed on the extent to which they master the learning outcome for the course.

 

To receive the top grade, the student must with no or only a few minor weaknesses be able to demonstrate an excellent performance displaying a high level of command of all aspects of the relevant material and can make use of the knowledge, skills and competencies listed in the learning outcomes.

 

At the exam in this course the students must especially be able to:

Knowledge:

Understand the purpose and content of different cost and management accounting models. techniques and systems.

Skills:

Design, implement and use different cost and management accounting models, techniques and systems for analysis, decision making and control purposes.    

Competencies:

Analyze and evaluate the strengths and weaknesses of each model and technique and system used for different tasks.

Single subject courses (day)

  • Category
  • Hours
  • Lectures
  • 42
  • Preparation
  • 161
  • Exam
  • 3
  • English
  • 206