Applied Management Accounting(E)
level of course unit
First Cycle
Learning outcomes of course unit
· To analyze and interpret managerial accounting reports
that provides both objective measures of past
operations and subjective estimates about future
decisions.
· To analyze and interpret cost behaviour.
· Describe and illustrate income analysis under various
costing assumptions.
· Describe the basic elements of the budgeting process,
its objectives, and its impact on human behaviour.
· To analyze the types of standards, how they are used
in budgeting and how they are established for
businesses.
· Prepare a differential analysis report for decision
making.
prerequisites and co-requisites
Basic knowledge of management accounting
course contents
1. Introduction: Overview about instruments and the
extent to financial accounting
2. Cost Management
- Traditional Overhead Allocation
- Direct Costing / Break Even-Analysis
- Activity based Costing
- Target Costing
3. Budgeting according a case study with financial
elements
4. Investment Analysis
- Net Present Value, NPV
- Discounted Cash flow-method, DCF
5. Financial Review
- Earnings
- Asset and Financial Position
recommended or required reading
Atkinson, Anthony, Kaplan, Robert, Matsumura, Ella Mae,
Young, Mark and Kumar, Arun (2009) Management
Accounting, Pearson Education
Hansen, Don & Mowen, Maryann (2005) Management
Accounting Cenage Learning
Horngren, Charles, Sundem, Gary and Stratton, William
(1999) Introduction to Management Accounting, Prentice-
Hall of India Private Limited.
Shah, Paresh (2009) Management Accounting, Oxford
Higher Education
assessment methods and criteria
Final written examination
language of instruction
English
number of ECTS credits allocated
3
planned learning activities and teaching methods
Presentations, discussions, workshops
semester/trimester when the course unit is delivered
1
name of lecturer(s)
Prof. (FH) Dr. Markus W. Exler
year of study
1
recommended optional program components
non
course unit code
IP_WS
type of course unit
integrated lecture
mode of delivery
Optional
work placement(s)
not applicable
