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2015/2016  BA-BASPO1000U  Managerial Accounting

English Title
Managerial Accounting

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for Asian Study Programme
Course coordinator
  • Allan Hansen - Department of Operations Management (OM)
Underviser er Peter Stærmose
Main academic disciplines
  • Accounting
Last updated on 21-10-2015
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors: 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 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:
Exam ECTS 7,5
Examination form Written sit-in exam
Individual or group exam Individual
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Winter
Aids allowed to bring to the exam Limited aids, see the list below:
  • Allowed dictionaries
  • Allowed calculators
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Description of the exam procedure

Individual 4-hour written (closed book) exam. No other written or technical aids are allowed at the exam, except from certain calculators specified by the course responsible) and dictionaries (financial dictionaries are not allowed). Cf. The Regulations for written tests at CBS. The exam is internal and the evaluation is made by one teacher alone.
The final exam date will be announced by the secretariat.


Students are allowed to bring only non-financial calculators to the final exam!
Financial calculators are not allowed! For clarity here is some examples of financial calculators that are not acceptable:  
TI 83, 83 Plus, TI 84, 84 Plus, TI BA II plus are not acceptable.

TI89 is not a financial calculator to start with, however it allows the inserting of Financial Apps with the Apps function that is inbuilt, thus it will also not be allowed in the exam despite arguments whether students have or have not inserted applications!

The pedagogic team expect students confer to the CBS code of honor in this request!

Course content and structure

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.

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 measurements but also some basic financial statement analysis.

Teaching methods
The teaching mainly takes place in large classes where theory will be presented and exercises will serve as illustrations of it.
Constructive hindsight of management issues and argued solutions are the expected outcome.
Expected literature



Optional literature:

Horngren. C. T., Sundem, G. L., Stratton, W. O., Burgstahler, D., Schatzberg, J. 2013. INTRODUCTION TO MANAGEMENT ACCOUNTING GLOBAL EDITION. 16th Edition, Prentice Hall.




Last updated on 21-10-2015