ESF:MKH_CONT Controllership - Course Information

MKH_CONT Controllership

Extent and Intensity

26/0/0. 8 credit(s). Type of Completion: k (colloquium).

Teacher(s)

Ing. Ladislav Šiška, Ph.D. (seminar tutor)

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 2. 11. 12:00–15:50 P104, Sat 7. 12. 16:00–19:50 P104

Prerequisites (in Czech)

SEMESTR ( 3 )

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 Management (programme ESF, N-EKM)

Course objectives

The aim of the course is to deepen knowledge of management accounting and to apply it to the cases of a fictitious manufacturing and merchandising companies.

Learning outcomes

At the end of the course students should be able: to define the priciples of management control system or to understand the principles of an existing one; to create a system of operational plans and budgets in the firm; to analyze variances between planned/budgeted results and the actual results of business activities; to interpret and present significant variances in the form of a report for responsible manager; to use advanced spreadsheet functions or specialized software for analysis of big financial data.

Syllabus

• Preparation of sales budgets. Production plan and direct cost budget. Cost centres and overhead budgets. Costing of products and semifinished products. Master budget. Cost accounting. Standard costing as a tool of control. Variance analysis. Reporting. Strategic financial management. Non-financial measurement and its importance in finance.

Literature

required literature
• DRURY, Colin. Management and cost accounting. Ninth edition. Hampshire: Cengage Learning, 2015, xix, 827. ISBN 9781480893931. info
• ATKINSON, Anthony A. Management accounting : information for decision-making and strategy execution. 6th ed. Boston: Pearson, 2012, 550 s. ISBN 9780273769989. info
• BARNEY, Jay B. and Trish Gorman CLIFFORD. What I didn't learn in business school : how strategy works in the real world. Boston: Harvard Business Review Press, 2010, xxiii, 234. ISBN 9781422157633. info

recommended literature
• ESCHENBACH, Rolf and Helmut SILLER. Profesionální controlling : koncepce a nástroje. Translated by Jaroslav Rubáš. 2., přeprac. vyd. Praha: Wolters Kluwer Česká republika, 2012, xiv, 381. ISBN 9788073579180. info
• POPESKO, Boris and Šárka PAPADAKI. Moderní metody řízení nákladů : jak dosáhnout efektivního vynakládání nákladů a jejich snížení. 2., aktualizované a rozší. Praha: Grada Publishing, 2016, 263 stran. ISBN 9788024757735. URL info

Teaching methods

Teaching methods: lectures, calculation of individual examples in spreadsheet, 16 e-learning tests, oral presentation

Assessment methods

Requirements of colloquium: (1) at least 60 points from tests (8 theoretical tests with multiple choice, 8 numerical examples) and concurrently (2) orral presentation of the task from assignment. Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.

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 8 hodin.

• Enrolment Statistics (Autumn 2019, recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2019/MKH_CONT