Learning objectives
Define a Business Decision Contexts and Business Decision Choices.
Use terminology appropriately.
Identify and use different activity based management tools.
Prepare a basic master budget.
Use standard costs and performance measures.
Correctly utilize costs in pricing and decisions making.
Prerequisites
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Course unit content
The course addresses the Managerial Accounting issues of Multinational Enterprises, MNEs.
Managerial Accounting facilitates planning and control decisions. Planning decisions relate to choices about acquiring and using resources to deliver products and services to people. Control decisions concern how much to delegate, as well as how to motivate, measure, evaluate, and reward performance. Throughout the course we enphasize how to use accounting information for decision making, the relevance of “human factors” and ICT, e.g. Enterprise Resources Planning.
Full programme
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Bibliography
Ramji Balakrishnan, K. Sivaramakrishnan, Geoffrey B. Sprinkle, Managerial Accounting, John Wiley & Sons, Inc., USA, 2009.
Teaching methods
Lectures. Case Study and Tutorial.
Assessment methods and criteria
Written exam.
Other information
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