CKH_MAUC Managerial accounting

Faculty of Economics and Administration
Spring 2020
Extent and Intensity
0/0/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Ladislav Šiška, Ph.D. (lecturer)
Guaranteed by
Ing. Ladislav Šiška, Ph.D.
Department of Corporate Economy - Faculty of Economics and Administration
Contact Person: Vlasta Radová
Supplier department: Department of Corporate Economy - Faculty of Economics and Administration
Timetable
Thu 12. 3. 12:15–15:55 S315, Mon 11. 5. 12:15–15:55 S315, Thu 11. 6. 8:00–11:40 S315, 12:15–15:55 S315
Prerequisites
( TYP_STUDIA ( C ) && OBOR ( EMAOB ))
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 accounting.
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; record typical transactions in cost accounting; 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 centre indirect costs - direct, step-down, reciprocal method.
  • 5. Activity Based Costing (ABC) and customer profitability.
  • 6. Cost centre, its budget and cost control (incl. flexed budgets).
  • 7. Master budget and its components.
  • 8. Standard costing method.
  • 9. Cost accounting - impact of inventory valuation on profit, basic model of cost accounts in a standalone manufacturing company, actual vs. predetermined cost application for internal purposes.
  • 10. Performance management and the structure of responsibility accounting (overall performance of the company and contributions of responsibility centres, controllable and non-controllable factors).
Literature
    required literature
  • Veškeré elektronické materiály v IS MU.
    recommended 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
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 (33%) (2) written exam (67%) Minimal score 60 per cent.
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught only once.
Information on the extent and intensity of the course: 12 hodin.

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