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2014/2015  KAN-CASCO1003U  Accounting and Control

English Title
Accounting and Control

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
  • Ivar Friis - Department of Operations Management (OM)
Ivar Friis
Main academic disciplines
  • Economics, macro economics and managerial economics
Last updated on 04-07-2014
Learning objectives
The objective of the course is to provide the students with an opportunity to learn to apply qualifications (knowledge and skills) in agency and behavioral theory to control problems in firms.

At the exam the students must be able to:
Understand, describe structure and combine the various concepts, which are used in the course.
Show how these concepts can be used to identify problems concerning the control of firms
Show an ability to look critically on the various proposed solutions to a control problem
Accounting and Control:
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 December/January
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

Accounting is used as an important tool to influence decision making in firms. Accounting carries information of costs and benefits to decentralized decision makers, and thereby provides them with information which ideally helps them make decisions that are aligned with the firm’s interest. The course contains the following core elements:
Introduction to the elements of accounting as a control device
Understand the difference between control and decision making and coordination and motivation.
Transfer pricing.
Responsibility centers (profit centers, cost centers).
Cost allocation.

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 different control techniques and the theoretical assumptions they are based on. Through the use of cases the students learn to apply theory and techniques for 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 debate and dialog the student will develop oral and presentation skills. Since case preparation and presentation is conducted in teams the students develop cooperative skills.
Expected literature

Zimmerman, J. (2008): ‘Accounting for Decision Making and Control’ McGraw-Hill
Selected articles

Last updated on 04-07-2014