MANAGEMENT ACCOUNTING FOR MULTINATIONAL COMPANIES
Course Status: Core course for 1 st
year MIB students;
Elective for exchange students
Fall semester, 15 weeks
45 hours of classes
Aim of the Course:
The course offers balanced coverage of concepts, methods, and uses of managerial accounting with an increasingly strong emphasis on management decision-making. This approach helps focus on concepts and managerial uses of information rather than techniques of cost accounting. A special attention is paid to international issues, strategic effects of decisions, and new management accounting trends.
Teaching Methods: Lectures, case studies, presentations, and group work.
Blocher E., Chen K., Cokins G., Lin T. Cost Management: A Strategic Emphasis. 2005.
Drury C. Cost and Management Accounting. 2006.
Students will be provided with case studies and readings for discussions.
Grading Policy: Case studies (participation in class discussions) – 20%
Presentation + report – 10% (groups of three students)
Mid-term written exam – 20%
Final written exam – 50%
The presentations will be graded according to the extent to which the students have:
developed and delimited an original formulation of the problem investigated, critically explored and applied relevant theories and analytical approaches to the problem investigated,
processed valid data, relevant to the problem and sub-problems under scrutiny, and edited a well-structured presentation and short report (up to 8-10 pages), written with clear arguments, easy to understand.
Class hours: Mondays 10:45 am – 2:30 pm (room 403)
Mondays 2:30 pm – 3:00 pm (room 317) and by appointment [email protected]
office phone 3238456
Introduction to management accounting. Basic cost concepts
Full costing. Cost allocation
Full costing. Cost allocation.
Target costing. Kaizen costing
Cost analysis for marketing decisions. Cost management and product life cycle
Strategic performance measurement systems. Balanced scorecard
Case studies Presentations (group of four students)
Wilkerson Company (ABC)
Wilkerson Company (ABC)
Management accounting for Internet companies
Operational and strategic activity-based management (2 groups)
Strategic cost analysis and capacity decisions
Denim Finishing (Using ABC for Decision
Using Direct (marginal) costing for decision making
Kemps LLC: Introducing Time-Driven ABC Strategy and management accounting for intangible assets
AB SKA (Accounting and Control for R&D expenditures)
Microsoft Latin America (Balanced
Understanding German Cost management
Integrated accounting à la française: The perspectives of the
“Beyond budgeting” (2 groups)
Use of non-financial measures in performance evaluation
Using Balanced Scorecards for Universities
Management accounting in transitional economies