Study Guide

Objective

The students will know the meaning of profitability and learn how to make calculations required by managers for planning, decision-making and control.

Content

General terms and aims in management accounting
Economic balance: profitability, liquidity and solidity
Cost-volume-profit analysis
Long-term calculations, investments
Budgeting
Cost accounting
Activity based costing

Location and time

Face-to-face lessons

Materials

Material provided by the teacher
Material agreed at the beginning of the course

Teaching methods

Lessons
Exercises
Team Works

Exam schedules

To be announced at the beginning of the course

Completion alternatives

To be agreed separately on a case-by-case basis

Student workload

The course requires 135 hours of student work

Content scheduling

See course content

Evaluation scale

0 - 5

Assessment criteria, excellent (5)

Student is aware of management accounting theory.
Student Can compile demanding profitability planning and control related calculations under supervision.
Student participates in group (classroom) activities.

Assessment criteria, good (3)

Student can interpret management accounting theory.
Student can compile demanding profitability planning and control related calculations.
Student participates in the work of their groups or teams to attain common goals.

Assessment criteria, satisfactory (1)

Student can interpret and make use of management accounting theory.
Student can independently compile demanding profitability planning and control related calculations.
Student can develop their group and team and create a good working atmosphere.