Managerial Accounting (F)
Financial and non-financial data are a very important basis for
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
Standard Cost Control
Performance measurement and management systems
Control systems and transfer pricing
After completing the course the student is expected to be able to:
- 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.
- 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.
- 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
Changes to teaching methods due to a pandemic crisis:
The teaching in this course might be changed to either fully or partly online due to a pandemic crisis. If changes are implemented please read the study messages at KUnet or the announcements in the virtual course room on Absalon (for enrolled students).
- Seal, W., Rohde, C., Garrison, R.H. & Noreen E.W. “Management Accounting”. McGraw-Hill, 2019, ISBN-13 9780077185534, ISBN-10 0077185536
- Selected articles
The course requires knowledge of micro economics as included in Microeconomics I and Microeconomics II at the Bachelor programme in Economics, University of Copenhagen, or similar courses.
3 hours lectures a week from week 6 to 20.
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
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F23; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Forår/Spring”
Press: “ View Timetable”
Please be aware:
- The schedule of the lectures can change without the participants´ acceptance. If this occure, you can see the new schedule in your personal timetable at KUnet, in the app myUCPH and through the links in the right side of this course description and the link above.
- It is the students´s own responsibility continuously throughout the study to stay informed about their study, their teaching, their schedule, their exams etc. through the curriculum of the study programme, the study pages at KUnet, student messages, the course description, the Digital Exam portal, Absalon, the personal schema at KUnet and myUCPH app etc.
- 7,5 ECTS
- Type of assessment
Written examination, 3 hours under invigilation
- Type of assessment details
- ITX-exam in the exam venues of the university.
The exam assignment is given in English and must be answered in English.
Changes to the exam due to a pandemic crisis:
In the event that restrictions from a pandemic crisis may affect the conduction of the ITX-exams, the written exam and the re-sit exam will change to a 3 hours written take-home exam. The changes will be announced in study messages at KUnet and in Digital Exam.
The take-home exam is an individual exam and it is not allowed to communicate with any one about the exam assignment nor the solution at all. It is also prohibited to distribute data and other information at all. If this or alike actions happens, it will be regarded as cheating and plagiarism.
No aids allowed at the written ITX-exam.
Information about allowed aids for the re-examination, please go to the section "Re-exam".
If the ITX-exam changes to a take-home exam due to a pandemic crisis, the written take-home exam is with all aids.
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
at the written exam.
The written ITX-exam may be chosen for external assessment by random sample.
An oral re-examination may be with external assessment.
Criteria for exam assessment
Students are assessed on the extent to which they master the learning outcome for the course.
In order to obtain the top grade “12”, 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:
- Understand the purpose and content of different cost and management accounting models. techniques and systems.
- Design, implement and use different cost and management accounting models, techniques and systems for analysis, decision making and control purposes.
- Analyze and evaluate the strengths and weaknesses of each model and technique and system used for different tasks.
In order to obtain the passing grade “02”, the student must in a satisfactory way be able to demonstrate a minimal acceptable level of the knowledge, skills and competencies listed in the learning outcomes.
Single subject courses (day)
- Course number
- 7,5 ECTS
- Programme level
- Full Degree Master
- Go to 'Signup' for information about registration and enrollment.
Information about admission and tuition fee: Master and Exchange Programme, credit students and guest students (Open University)
- For teaching: Go to 'Remarks'.
- For exam and re-sits: Go to 'Exam'.
- Department of Economics, Study Council
- Department of Economics
- Faculty of Social Sciences
- Carsten Georg Rohde (19-716f808182737c3c75737d80753c807d7672734e73717d7c3c79833c7279)
See ‘Course Coordinators’
Please read "Remarks" regarding the schedule of the teaching.
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