23-31.14.202 Management Accounting and Control

Lehrende: Prof. Dr. Frank Maik Schiemann

Veranstaltungsart: Vorlesung + Übung

Anzeige im Stundenplan: Mgt. Acc. and Contr.

Semesterwochenstunden: 3

Credits: 6,0

Unterrichtssprache: Englisch

Min. | Max. Teilnehmerzahl: - | -

Kommentare/ Inhalte:
This course introduces management accounting methods to close the gap between strategic planning and operative implementation. The first part on cost management is concerned with methods to reactively and proactively manage cost positions and cost structures. The second part on time and quality management is concerned with methods which enhance the cost perspective to these two important issues. In the third part, performance measurement is introduced as a method to include financial and non-financial issues.

Lernziel:
Participants understand and are able to apply reactive and proactive methods of cost management. They are able to implement time and quality management tools and performance measurement systems for complex organizations.

Vorgehen:
Lectures and explanations for selected cases will be provided via screencasts. The material will be available via OpenOLAT. Additionally, throughout the semester there will be opportunities to discuss course material and questions via Zoom conferences.


Content:

1 Introduction
   - The role of management accounting
   - Cost terms and purposes
   - Job costing vs. process-costing systems

2 Accounting information for decision making
   - Cost-volume-profit relationship and cost estimation
   - Activity-based Costing
   - Target Costing
   - Life Cycle Costing

3 Control Systems and Performance Measurement

4 Quality and Time in Management accounting
   - Quality
   - Time and just-in-time systems
   - Strategic management accounting

Literatur:
Bhimani, A.; Horngren, C.T.; Datar, S.M. (2015): Management and Cost Accounting, 6th ed., Prentice Hall

Drury, C.  (2015): Management and Cost Accounting, 9th ed., Cengage Learning.

Zusätzliche Hinweise zu Prüfungen:
Take Home Exam:

Time to process the exam: 120 min

Time frame in which the exam can be completed:

1st exam date: 22.02.2021, 01.00 pm - 03.30 pm
2nd exam date: 24.03.2021, 08.00 am - 10.30 pm

The examiner of your course will provide information about the hand out of examination tasks / assignments and their submission during the course of this semester, at the earliest after the STiNE Changes and Corrections Period.