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2018/2019  KAN-CCMVI2070U  Graduate Managerial Accounting

English Title
Graduate Managerial Accounting

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration Summer
Start time of the course Summer
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 60
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Al Case, Associate Professor, Southern Oregon University, ac.acc@cbs.dk
    Al Case - Department of Accounting (AA)
For academic questions related to the course, please contact the course instructor.

Other academic questions: contact academic director Sven Bislev at sb.msc@cbs.dk
Main academic disciplines
  • Management
  • Accounting
Teaching methods
  • Face-to-face teaching
Last updated on 29-05-2019

Relevant links

Learning objectives
At the end of the course students should be able to:
  • Distinguish between financial and managerial accounting by learning the terms, concepts, classifications, and related information used by managers.
  • Recognize traditional and developing costing system designs for basic processes by studying both classic cost behavior patterns and emerging issues related to inventory management and quality control.
  • Understand budgets, including production, materials, overhead, cash, income, and position statements.
  • Comprehend the concepts and applications of material, labor and overhead variances from standard costs as included in managerial accounting reports.
  • Work alone, or with groups of others, to analyze cases in managerial accounting. Ultimately, logical conclusions that can be clearly presented should be the result.
  • See the positive impact that managerial accounting can have on decision making and cost control in all businesses (manufacturing, service, etc.).
Course prerequisites
Basic Financial Accounting; this is an introduction to managerial accounting--students should not have taken another managerial accounting class before this one, but they should have had an introduction to financial accounting course (at either the undergraduate or graduate level).
Graduate 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 Summer, Ordinary exam: 4 hour written exam in the period of 30 July - 2 August 2019
Retake exam: 4 hour written exams in the period of 1-7 October 2019
3rd attempt (2nd retake) exam: 72-hour home assignment- 25-28 November 2019 – for all ISUP courses simultaneously

Exam schedules available on https:/​/​www.cbs.dk/​uddannelse/​international-summer-university-programme-isup/​courses-and-exams
Aids Limited aids, see the list below:
The student is allowed to bring
  • Any calculator
  • Language dictionaries in paper format
The student will have access to
  • Advanced IT application package
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.
Retake exam: 4 hour written sit-in exam, new exam question
Exam form for 3rd attempt (2nd retake): 72-hour home project assignment, max. 10 pages.
Course content and structure

This course addresses the field of accounting that provides economic and financial information for managers and other internal users. 

• Overview of management accounting
• Job order and process costing
• Activity-based costing
• Cost-volume-profit analysis
• Budgeting


Preliminary assignment: reading assignment before day one TBA

Class 1: Managerial Accounting

Class 2: Job Order Costing

Class 3: Process Costing

Class 4: Activity-Based Costing

Class 5: Cost-Volume-Profit

Class 6: Cost-Volume-Profit Analysis: Additional Issues

Feedback activity: cases and chapter quizzes with feedback

Class 7: Incremental Analysis

Class 8: Pricing

Class 9: Budgetary Planning

Class 10: Budgetary Control and Responsibility Accounting

Class 11: Standard Costs and Balanced Scorecard


Description of the teaching methods
The course will be lecture and case based. However, accounting is best learned by doing rather than by just hearing. Students will work on in-class problems and cases from the textbook to practice and master the material. In addition to some in-class discussion of topics, articles, and cases, students will be expected to read the assigned material and work on the assigned cases outside of class.
Feedback during the teaching period
Feedback during the teaching period will be in-class quizzes which will be similar to the questions on the final exam. We will go over the quizzes and discuss difficult concepts in more detail.
Student workload
Preliminary assignment 20 hours
Classroom attendance 33 hours
Preparation 126 hours
Feedback activity 7 hours
Examination 20 hours
Further Information

Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.


Course timetable is available on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams


We reserve the right to cancel the course if we do not get enough applications. This will be communicated on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams end February 2019 at the latest.



Expected literature

Mandatory readings:


“Weygandt's Managerial Accounting: Tools for Business Decision Making” Global Edition (e-text version is OK) ISBN: 9781119419655

Last updated on 29-05-2019