English   Danish

2011/2012  BA-2MA  Managerial Accounting

English Title
Managerial Accounting

Course Information

Language English
Point 7,5 ECTS (225 SAT)
Type Mandatory
Level Bachelor
Duration One Semester
Course Period Autumn
Time Table Please see course schedule at e-Campus
Study Board
Study Board for Asian Study Programme
Course Coordinator
  • Aleksandra Gregoric - Department of International Economics and Management
Main Category of the Course
  • Financial and management accounting
Last updated on 29 maj 2012
Learning Objectives
After the course, the students should be able to:
  • Understand the role of managerial accounting in a modern organization
  • Understand the difference between different cost categories, cost classifications made in the decision making, and prepare income statements including calculations of goods sold
  • Distinguish between process costing and job-order costing and identify companies that use such methods, and perform related cost calculations
  • Compute the break-even point and in general analyse cost-volume-profit relationships
  • Understand and apply activity based costing
  • Understand and prepare budgets
  • Understand and compute different performance measures, understand how to construct and use balance scorecard
  • Identify relevant and irrelevant costs and benefits in a decision, prepare the “make or buy” analysis, analyse the use of resources
  • Evaluate investment projects
  • Prepare cash-flow statements
  • Interpret the financial statements, and perform a basic financial statements analysis
Managerial Accounting:
Assessment Written Exam
Marking Scale 7-step scale
Censorship External examiners
Exam Period Winter Term
Aids Closed Book
Duration 4 Hours
Course Content
Aim of the course
The main objective of this course is to introduce the students to the role of managerial accounting information in the modern enterprises. The course will provide the students with the knowledge and skills that will enable them to collect, to analyze and report information supporting the most important managerial activities, i.e. the planning of future strategies and actions, predicting the possible consequences of alternative actions, controlling and measuring the implementation of these actions, as well as identifying operational risks and situations where corrective actions are needed. The students will learn how management accounting supports the decision making and will get acquainted with the financial and non-financial performance measures that can be used to reach specific organizational goals. Even though this course is a generic managerial accounting course an important part of case materials and examples used in the teaching will be drawn from an Asian context.

The course relies on lectures, exercises and case-discussions of different issues in the field managerial accounting. More specifically, the topics include the analysis of costs and cost behavior, standard and activity based-costing, break-even analysis, planning and budget preparation, divisional performance measurement, balanced scorecards but also some basic financial statement analysis. Specific focus will be given to specifics related to firm operations in Asia.
Teaching Methods
Class lectures and tutorials
Please see literature on semester plan, which will be uploaded om CBS Learn before the semester starts.