BKH_MAUC Managerial accounting

Faculty of Economics and Administration
Spring 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
Timetable
Sat 24. 2. 8:00–11:50 VT204, Sat 16. 3. 12:00–15:50 VT204, Sat 13. 4. 16:00–19:50 VT204
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
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. ISBN 978-1-947172-60-9. 2019. URL info
    recommended literature
  • DRURY, Colin and Mike TAYLES. Management and cost accounting. 11th Edition. Hampshire: Cengage Learning, EMEA. ISBN 978-1-4737-7361-5. 2020. 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. ISBN 978-1-61853-351-7. 2020. 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.
Information on the extent and intensity of the course: tutorial 12 hodin.
Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2009, Autumn 2010, Autumn 2011, Autumn 2012, Autumn 2013, Autumn 2014, Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2021, Autumn 2022, Spring 2023, Autumn 2023, Spring 2025.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/spring2024/BKH_MAUC