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2010/2011  KAN-IMM_IM45  Management Accounting

English Title
Management Accounting

Course Information

Language English
Point 7,5 ECTS (225 SAT)
Type Mandatory
Level Full Degree Master
Duration One Semester
Course Period Autumn
Time Table Please see course schedule at e-Campus
Study Board
Study Board for MSc in Economics and Business Administration
Course Coordinator
Alex Yu Lichen
Main Category of the Course
  • Financial and management accounting
Last updated on 29 maj 2012
Learning Objectives
The purpose of this course is to present and discuss management technologies that can be considered useful for controlling companies that operate world wide.
Marking Scale 7-step scale
Exam Period Autumn Term and February
Individual 4-hour written (closed book) exam (Neither written nor technical aids are allowed at the exam, except from certain calculators specified by the course responsible). Cf. The Regulations for written tests at CBS. The exam is internal and the evaluation is made by one teacher alone, cf. General Degree Regulations § 25, S. (1). The regular exam will be held in November 2010. The final exam date will be announced by the secretariat. The make-up/re-exam takes place in February 2011. Irrespective of the above provisions, make-up exams and re-exams can be held as oral exams, if the situation calls for this
Prerequisites for Attending the Exam
Course Content

Companies operating internationally face the same challenges as national companies, but a few more are added because of language, cultures, laws, finance etc. The perspective taken in this course is that of setting up an organization, designing and implementing performance controls, measuring and reporting performance, planning etc. Management accounting and management control serve as the theoretical platform for the problems discussed and models presented. Some issues will deal with aligning a strategy to an international implementation and other issues have an operational perspective where budgeting, transfer pricing are tools that must be considered. Behavioural and cultural aspects are central to all international operations. Where applicable these will add perspectives to the discussion of how to implement the management technologies that are under consideration.

The content of the course will be partly case-driven and partly theory-driven. Extensive cases will serve as discussion fora where analysis of management issues and argued solutions are the expected outcome.
These are subsequently confronted with selected models and theories for a theory driven discussion. Some issues and cases will depend on analysis of various financial statements
and financial tools where others will focus on arguing benefits and drawbacks
of various organisational set ups. Textbooks and cases supplemented with recent journal articles will serve as the documentary material for this course.

Please note that exchange students who want to follow the course need at least two courses in accounting/financial accounting/finance and one course in management (e.g. a B. Com. or B. Bus).

Teaching Methods
Lectures in a dialogue form.
Cases to be prepared and presented

Jerold L. Zimmerman. Accounting for Decision Making and Control. 6th edition. Mcgraw-Hill Irwin.