Study Guide

Objective

The student:
- understands the place of Management accounting in an organisation.
- knows costing methods and processes for different types of organisations
- understands the requirements on the cost accounting systems used
- is able to prepare basic budgets and perform standard internal accounting calculations for management use within a company.

Content

- An introduction to management accounting
- Presentation and practicing different costing methods
- Differences in costing methods for different types of organisations
- What should a cost accounting system be like?
- Budgeting

Qualifications

No pre-requisites

Assessment criteria, satisfactory (1)

The student knows the role of management accounting in organisations and is familiar with different costing methods. (1)

The student knows the role of management accounting in organisations and is familiar with different costing methods. The student sees the connection between costing method and organisation type. (2)

Assessment criteria, good (3)

The student knows the role of management accounting in organisations and is familiar with different costing methods.
The student knows the role of management accounting in organisations and is familiar with different costing methods. The student sees the connection between costing method and organisation type.
The student is familiar with budgeting processes.

Assessment criteria, excellent (5)

The student is able to use the above mentioned tools for the described processes (budgeting, costing methods) in order to make good decisions for different kinds of organisations.

Materials

The lecturer provides the material for the course.