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2014/2015  KAN-CASCO1002U  Cost and Management Accounting

English Title
Cost and Management Accounting

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Semester
Course period Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Carsten Rohde - Department of Accounting and Auditing (AA)
Carsten Rohde
Main academic disciplines
  • Economics, macro economics and managerial economics
Last updated on 08-01-2015
Learning objectives
At the exam the students must be able to:
Understand the purpose and content of different management accounting models and techniques
Be able to apply and use the techniques for different analysis, decision making and planning tasks
Analyze and evaluate the strengths and weaknesses of each model and technique used for different tasks
Cost and Management Accounting:
Exam ECTS 7,5
Examination form Oral Exam
Individual or group exam Individual
Duration 20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Preparation time With the listed preparation time: 20 Minutes
Grading scale 7-step scale
Examiner(s) Internal examiner and external examiner
Exam period October
Aids allowed to bring to the exam Limited aids, see the list below:
All books and notes laptops are permitted in the 20 minute preparation.
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content and structure

Aim of the course
The purpose of the course is to offer the students the opportunity to develop a fundamental knowledge of financial management of a company. The focus is on how to design, implement and use different conventional as well as modern cost & management accounting models and techniques for analysis, decision making and control purposes.


Financial and non financial data is 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 and control. The course contains the following core elements
Revenue and Cost behavior
Contribution margin accounting and analysis

Absorption costing
Activity Based Costing and Management
Job order and proces costing
The Balanced Scorecard as a measurement and management system
Budgeting/Activity Based Budgeting

Standard cost control

Pricing and intra-cmpany transfers

Teaching methods
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.

Involvement of the students is an important part of the learning principle – this done through dialog, casework and presentations.

Development of individual and social skills (competencies)
Through dialog and presentations the student will develop their oral skills. Since cases are prepared and presented in teams the students will also develop cooperative skills.
Expected literature

W. Seal, C. Rohde, R.H. Garrisson, E.W Noreen. Management Accounting, 5.ed., McGraw-Hill, 2015.

Last updated on 08-01-2015