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2019/2020  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
  • Course instructor: Al Case, Associate Professor, Southern Oregon University
    Sven Bislev - Department of Management, Society and Communication (MSC)
For academic questions related to the course, please contact instructor Al Case at casea@sou.edu
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 17/01/2020

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
Introduction to Financial Accounting (at either the undergrad 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-point grading scale
Examiner(s) One internal examiner
Exam period Summer, Ordinary exam: 4 hour written exam in the period of 27–31 July 2020
Retake exam: 4 hour written exams in the period of 28 September–2 October 2020
3rd attempt (2nd retake) exam: 72-hour home assignment- 23-26 November 2020 – 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, structure and pedagogical approach
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 in each class with immediate 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 and cases which will be similar to the questions on the final exam. We will go over the quizzes and cases in class 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 March 2020.



Expected literature

Mandatory readings:


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


Additional relevant readings:


Peacock, Eileen and Juras, Paul. Alternative Costing Methods. Strategic Finance, Vol. 88, Issue 2, pp. 50-55.
Cooper, Philip. Adapting management accounting knowledge needs to functional and economic change. Accounting Education, Vol. 15, Issue 3, pp. 287-300.
Kaplan, Robert S. The Competitive Advantage of Management Accounting. Journal of Management Accounting Research, Vol. 18, 2006, pp. 127-135.
Searcy, DeWayne L. and Roberts, Doug. Will Your ABC System Have What It Takes? Management Accounting Quarterly, Vol. 8, Issue 3, pp. 23-26.
Blay, Allen, et al. Why don't people lie? Negative affect intensity and preferences for honesty in budgetary reporting. Management Accounting Research, Volume 42, March 2019, Pages 56-65
Last updated on 17/01/2020