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2017/2018  KAN-CSCBO1094U  Financial and Managerial Accounting

English Title
Financial and Managerial Accounting

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Social Sciences
Course coordinator
  • Gareth Garvey - SI
Main academic disciplines
  • Managerial economics
  • Organisational behaviour
  • Accounting
Last updated on 12-03-2018

Relevant links
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors: The aim of the course is to enable students to
  • Read, understand and interpret a financial accounting statement and the use of financial ratios. The student should be able to understand how the reporting might be affected by a particular (creative) business.
  • Understand the various elements of a management control system (role, scope, drawbacks, implementation etc.)
  • Understand the variety of cost concepts to be applied in a management control system
  • Analyze the nature of a business and outline main features of an appropriate control system.
Examination
Financial and Managerial Accounting:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
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 Spring
Aids Limited aids, see the list below:
The student is allowed to bring
  • USB key for uploading of notes, books and compendiums in a non-executable format (no applications, application fragments, IT tools etc.)
  • Any calculator
  • Books (including translation dictionaries), compendiums and notes in paper format
The student will have access to
  • Access to CBSLearn
  • Access to the personal drive (S-drive) on CBS´ network
  • Advanced IT application package
At all written sit-in exams the student has access to the basic IT application package (Microsoft Office (minus Excel), digital pen and paper, 7-zip file manager, Adobe Acrobat, Texlive, VLC player, Windows Media Player). PLEASE NOTE: Students are not allowed to communicate with others during the exam : Read more about exam aids and IT application packages here
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.
The oral exam: The student choose a question and prepares it for 20 minutes. Examination: 20 minutes.
Description of the exam procedure

At the exam, the student must demonstrate a comprehensive knowledge and understanding of topics, theories, methods and models that have been dealt with during the course.
Course content and structure

The course covers the basic models of financial accounting and management accounting. The course will give an understanding of the basic elements of the generic financial accounting model that all companies must abide to in any given country and subsequently deal with those issues that are of specific interest to ‘creative businesses’. The course will also deal with the management control system which oftentimes consists of a multitude of subsystems such as a cost management system, a budgeting system, a project control system, a cash flow system and a more general performance measurement system. Again the course will present the generic models and subsequently deal with how these systems are affected – in their implementation – by the ‘creative business’ context.
Teaching methods
Teaching takes place mainly in large classes and consists of a mixture of dialog-based lectures, presentations, discussions and assignments/cases. The course includes a voluntary group home assignment.
Feedback during the teaching period
Written feedback is given via Learn on all assignment case questions submitted by the due date.
Student workload
Course activities (including preparation) 90 hours
Exam (including exam preparation) 116 hours
Expected literature

Please note that the litterature list is guiding

Accounting for Managers - third edition - Paul M Collier Company Accounts, Analysis interpretation and understanding - Sixth edition, M Pendelbury & Roger Groves

 

Bang& Olufsen Annual Report latest published

Egmont Foundation Annual Reports 2008 and 2009

 

Cases from earlier year's exams will be used in teaching and assignments

 

 

Transforming the balanced scorecard from Performance Measurement to Strategic Management -Robert S. Kaplan and David S. Norton. Accounting Horizons Volume 15 No1
Last updated on 12-03-2018