Exam number: 1133
Semester: from 2nd semester (Grundlagenausbildung)
Duration of the module: One semester
Form of the module (i.e. obligatory, elective etc.): Obligatory
Frequency of module offer: Each summer semester
Applicability of module for other study programmes:
Obligatory or elective in other study programmes. For further information check regulations of the study programme.
Person responsible for module: Prof. Dr. Christian Ott
Name of the professor: Prof. Dr. Sonja Wüstemann (until summer semester 2018: Prof. Dr. Christian Ott)
Language of teaching: English
ECTS-Credits (based on the workload): 6
Workload and its composition (self-study, contact time):
Contact time (lecture, tutorial etc.): 45 h; self-study: 135 h
Contact hours (per week in semester): 4
Methods and duration of examination:
Successful written exam (120 min)
Emphasis of the grade for the final grade: Please check regulations of the study programme
Aim of the module (expected learning outcomes and competencies to be acquired):
At the completion of this course, the students have gained insight into management’s expectations of their management accounting system. The students can differentiate between financial accounting, management accounting and cost accounting. They know fundamental cost terms, classifications and concepts. They are able to assign costs to costs objects. They recognize when process-costing, job-costing or hybrid costing systems are appropriate and know how to apply the different costing systems in practice. They understand how accounting information can influence planning, control and decision making.
Contents of the module:
This course covers basic topics of management accounting and introduces a business management approach to the development and use of accounting information. In today’s competitive marketplace, an excellent internal accounting system is essential for organizations to make better decisions. This course covers firms’ internal accounting systems and their use in decision-making, planning and control. Major topics include cost classification, cost behavior, costing systems, cost-volume-profit analysis, budgeting and variance analysis.
Teaching and learning methods:
Lecture with tutorials, self-studies
Literature (compulsory reading, recommended literature):
t.b.a. in the lecture
Registration in Moodle Viadrina required.