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2016/2017  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
  • Tamas Vamosi - Department of Operations Management (OM)
Main academic disciplines
  • Accounting
  • Economics
Last updated on 23-09-2016
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors: The purpose of this course is to understand, implement and discuss managerial accounting concepts and tools used to manage organizational operations in the short and long run as well as at the local and global level. To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • • Describe and understand the notion of opportunity cost and organizational architecture and explain how they together constitute a framework for analyzing management accounting systems in a decision making and a control perspective
  • • Describe and understand different management accounting theories and discuss their strengths and limitations from a decision making as well as a control perspective
  • • Use terms, models, perspectives and theories on specific cases to identify the economy-based problems.
  • • Analyze the cost of improving accounting systems decision making ability and effectiveness as a control device and reflect upon the trade-off between the use of accounting for different purposes
  • • Reflect on and assess the value and relevance of specific management accounting systems in a particular organizational setting.
Managerial Accounting:
Exam ECTS 7,5
Examination form Written sit-in exam
Individual or group exam Individual exam
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:
  • Written sit-in-exam on CBS' computers
  • Written sit-in-exam with pen and paper
  • Approved calculators: HP 10bII+ and Texas BA II Plus
  • Dictionaries (only some, see specification below)
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

No other written or technical aids are allowed at the exam, except from certain calculators specified above and dictionaries (financial dictionaries are not allowed). The final exam date will be announced by the secretariat.


Course content and structure

Aim of the course

The aim of Managerial Accounting is to give students knowledge about how companies are using Managerial Accounting as a tool for controlling. The economic control is using information about costs, prices, benefits, resources etc. to make decisions on a local or central level in a way to secure the best possible result for the company. 


More specific, Managerial Accounting will address planning and organizing of a company, with focus on calculations, design and implementation of performance goals, measuring and reporting, and interpretation of the achieved results. This is giving the opportunity to handle practical tasks in the operation (e.g. budgeting) and to view every single task in a more overall perspective.


During the course, the following central issues will be presented and discussed:


  • The nature of costs and cost allocation
  • Opportunity cost
  • Organizational architecture
  • Transfer pricing
  • Budgets
  • Absorption cost and standard cost
  • Variances 

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 program is organized around lectures, which will be conducted as dialog between the class and the teacher. A high degree of activity from the students is required in order to achieve the best result. The lectures will not necessarily cover all aspects in the curriculum, but the main problems will be discussed and supported by a number of problems, which the students are expected to solve before the lectures in class. The purpose of these problems is to explicate the theory and to bring a more practical angel into the course. The problems will be covered during the lessons in a way where it will be natural to bring in practical exercises. This means there will not be any formal distinct demarcation between formal lessons and solving problems (exercises).
Student workload
Lectures (12 * 2) 24 hours
Preparation for lectures 72 hours
Exercises (10 * 2) 20 hours
Preparation for exercises 60 hours
Preparation for exam 31 hours
Expected literature


Zimmerman, Jerold

Accounting for Decision Making and Control, 9th. ed.

McGraw-Hill, app. 670 pages.

Last updated on 23-09-2016