ESF:BKH_MAUC Managerial accounting - Course Information
BKH_MAUC Managerial accounting
Faculty of Economics and AdministrationAutumn 2024
- Extent and Intensity
- 26/0/0. 6 credit(s). Type of Completion: zk (examination).
- Teacher(s)
- Ing. Ladislav Šiška, Ph.D. (lecturer)
- Guaranteed by
- Ing. Ladislav Šiška, Ph.D.
Department of Business Management – Faculty of Economics and Administration
Contact Person: Vlasta Radová
Supplier department: Department of Business Management – Faculty of Economics and Administration - Prerequisites
- FORMA ( K )
Basic knowledge of double-entry accounting principles. - Course Enrolment Limitations
- The course is only offered to the students of the study fields the course is directly associated with.
- fields of study / plans the course is directly associated with
- Business Analytics (programme ESF, B-BA)
- Finance, accountancy and taxes (programme ESF, B-FUD)
- Business Management (programme ESF, B-PM)
- Course objectives
- The aim of the course is to acquire basic knowledge on management accounting - budgeting, standard costing and cost control.
- Learning outcomes
- At the end of this course, students should be able to
understand the role of management accounting in company's management;
alocate costs to products, services or activities;
prepare budgets;
design a simple performance measurement system;
interpret data gathered in corprorate measurement systems. - Syllabus
- 1. Contribution of managerial accounting to financial management of the company, the differences against financial accounting
- 2. Cost classifications (variable/fixed, direct/indirect, prime/overheads)
- 3. Cost assignment to products/services.
- 4. Allocations of service center indirect costs - direct, step-down, reciprocal method.
- 5. Activity Based Costing (ABC) and customer profitability.
- 6. Cost center, its budget and cost control (incl. flexed budgets).
- 7. Master budget and its components.
- 8. Standard costing method.
- 9. Cost control and responsibility centers.
- Literature
- required literature
- Veškeré elektronické materiály v IS MU.
- FRANKLIN, Mitchell, Patty GRAYBEAL and Dixon COOPER. Principles of Accounting, Volume 2: Managerial Accounting. Houston (Texas): Rice University, OpenStax, 2019. ISBN 978-1-947172-60-9. URL info
- recommended literature
- DRURY, Colin and Mike TAYLES. Management and cost accounting. 12th Edition. Hampshire: Cengage Learning, EMEA, 2023. ISBN 978-1-4737-9124-4. info
- ATKINSON, Anthony A., Robert S. KAPLAN, Ella Mae MATSUMURA and S. Mark YOUNG. Management accounting : information for decision-making and strategy execution. 7th ed. Boston: Pearson, 2020. ISBN 978-1-61853-351-7. info
- Teaching methods
- lectures, presentations by business professionals, demonstrations how to solve practical examples, homework and individual assignments of numerical examples in MS Excel (or different spreadsheet application)
- Assessment methods
- Examination requirements: (1) activity and correct results of practical numerical examples (48 %) (2) written exam (52 %). Minimal score 60 per cent.
- Language of instruction
- Czech
- Further comments (probably available only in Czech)
- The course is taught annually.
The course is taught: in blocks.
Note related to how often the course is taught: 12 hodin.
Information on the extent and intensity of the course: tutorial 12 hodin. - Listed among pre-requisites of other courses
- MKH_MAUC Managerial Accounting
forma(K) && !BKH_MAUC
- MKH_MAUC Managerial Accounting
- Enrolment Statistics (recent)
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