AUSFÜLLHILFE: BEWEGEN SIE DEN MAUSZEIGER ÜBER DIE ÜBERSCHRIFTEN. AUSFÜHRLICHE HINWEISE: LEITFADEN MODULBESCHREIBUNG
Advanced Accounting and Controlling
Module code
1
Workload
Credits/CP
Semester
180 h
6
1
Module
Teaching
Language
Advanced Accounting and Controlling
2
English
Frequency of module
Summer Semester
Contact hours
Self-study
4 SWS / 45 h
135 h
Duration
1 Semester
Class size
15
Learning outcomes
After the module is successfully completed, the student is able to:
Knowledge (1):
 explain the main instruments of financial reporting
 describe the main elements of a cost accounting system
Comprehension (2):
 explain how business transactions are recorded with the technique of double entry book keeping
 illustrate the common tools of cost accounting and their differences
Application (3):
 prepare a Balance Sheet and an Income Statement based on given business transactions
 apply the different tools of cost accounting in order to provide the necessary information for economic decisions
within a company
Analysis (4):
 analyze a Balance Sheet and an Income Statement
 carry out a cost deviation analysis
Synthesis (5):
 work out the links between the different instruments of financial reporting
 compare different cost accounting tools and assess their advantages and disadvantages
Evaluation (6):
 assess the economic meaning of certain accounting standards
 assess more recent development in cost accounting (e.g. activity based costing, target costing)
3
Individual component content
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Financial accounting fundamentals
Recording business transactions and their impact on the Balance sheet
Asset side of the Balance sheet
Equity and Liability side of the Balance sheet
Income Statement
Statement of changes in equity
Version
1.3
Erstellt von
jr
Freigabe (Datum/Kürzel)
QM-Board 11.4.2012, 16.01.2013
04.06.2013/jr
Gültig ab
04.06.2013
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4
Cash-flow statement
Basic structure of a cost accounting systems
Cost allocation
Absorption costing versus Variable costing
Normal Costing
Cost-volume-profit relationship
Information for decision making
Budgeting and variance analysis
Strategic versus Operational Controlling
Strategic controlling tools
Teaching methods
Lecture and exercises, group discussions, short presentations
5
Prerequisites
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6
Methods of assessment
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7
Basic principles in Financial Accounting
Basic principles in Management Accounting
Final written exam
Case studies to be presented during the lecture
Applicability of module
Compulsory in Business Consulting Masters course
8
Person responsible for module
Prof. Dr. Thomas Marx
Lecturer
Prof. Dr. Frank Kramer
9
Reading list (Core texts and recommended texts)
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Atrill, P./McLaney, E., Management accounting for decision makers, 7th edition, 2012
Atrill, P./McLaney, E., Financial accounting for decision makers, 6th edition, 2011
Bhimani, A./Horngren, Ch./Datar, S./Rajan, M.; Management and Cost Accounting, 5th edition, 2012
Harrison, W./Horngren, Ch./Thomas, C./Suwardy, T.; Financial Accounting, 8th edition, 2011.
Horngren, Ch. et al., Introduction to Management Accounting, 16th edition, 2014
Libby, R./Libby, P./Short, D., Financial accounting, 7th edition, 2011
Version
1.3
Erstellt von
jr
Freigabe (Datum/Kürzel)
QM-Board 11.4.2012, 16.01.2013
04.06.2013/jr
Gültig ab
04.06.2013