Introduction to Accounting, Management Accounting
Responsible study board
Date of Approval
|Hans Frimoremail@example.com||Institut for Virksomhedsledelse og Økonomi, Accounting|
Therefore a reasonable insight into the subjects covered in these courses is required.
Aim and purpose
Description of outcome - Knowledge
Demonstrate a basic knowledge about the course focus areas enabling them to:
•Identify, describe and evaluate alternative accounting methods that might be used in specific cost accounting situations, also involving considerations about management incentives.
•List and describe relevant concepts and definitions.
•Explain and relate concepts and definitions to specific economic decision problems.
•Relate the purposes and basic concepts of managerial accounting to the methods and procedures used in an accounting system.
Description of outcome - Skills
•Use simple methods to calculate product costs, costs of goods sold, and inventory values in job costing and process costing systems as well as other frequently used accounting systems such as Activity Based Costing systems.
•Prepare a master budget and flexible budgets for a given period based upon known assumptions about resource consumption and business policies.
•Calculate and analyze variances between actual and budgeted costs for a given period.
•Utilize accounting based calculations in decisions on prices, product mix, processes and activities.
Description of outcome - Competences
•Choose a suitable accounting system for a firm with known characteristics.
•Utilize various accounting calculations and statements for the internal management of the firm as a decentralized organization, including among other things budgeting, motivation, control and performance evaluation.
2 hours weekly classes for 15 weeks equally spread across the semester plus 2 hours student teacher’s assistant classes (TA classes) every second week.
Class hours: 30 hours.
Preparation for classes: 43 hours.
TA classes: 15 hours.
Preparation for TA classes: 22,5 hours.
Preparation for exams: 22,5 hours.
Exams: 2 hours.
Total: 135 hours.
Form of examination
The exam paper may be written in Word or Excel and must be handed-in in PDF format. The Excel file used during the exam must be handed in as well. It is only allowed to work in Word, and in the retrieved Excel-template. The exam paper must be saved and handed-in in PDF format. It is not allowed to use other templates or programs on the computer; however, it is allowed to use the PC´s calculator.
It is allowed to bring exam aids in paper format and downloaded PDF books on own PC. It is allowed to bring and access self-produced notes in pdf format, lecture notes in pdf format and old assignments in pdf format.
It is also allowed to bring a calculator. It is not allowed to bring, and/or use I-pads/tablets/smartphones.
It is not allowed to communicate with others inside or outside the examination room
URL for MySchedule
|08 - 09|
|09 - 10|
|10 - 11|
|11 - 12|
|12 - 13|
|13 - 14|
|14 - 15|
|15 - 16|