Course content

Practical approach to management accounting and control, including developing models in Excel for budgeting purposes and valuation purposes.

Contemporary management accounting and control issues, including budgeting in practice:

• Costing systems
• Transfer pricing
• Performance measurement
• Balanced Scorecard
• Customer Profitability Analysis
• Beyond Budgeting
• Budgeting in Excel
• Corporate valuation

Learning outcome

Knowledge

• about contemporary management accounting tools and concepts (e.g. customer profitability analysis and Beyond Budgeting)
• about management accounting beyond the financial aspects, including behavioral aspects related to the design of performance measurement systems and systems for transfer pricing.
• about budgeting theory and budgeting in practice

Skills

• be able to address shortcomings and advantages of both traditional management accounting tools/concepts and contemporary management tools/concepts.
• gain a more critical and reflected view on the role of management accounting tools in organizations
• be able to work with budgets and practical use of Excel and Power BI

General competence

• in contemporary management accounting tools and concepts
• in interpreting calculations made by including also behavioral aspects (e.g., related to transfer prices and performance measurement)
• in conducting budgeting

Learning methods and activities

Lectures, assignments and group assignments.

Compulsory assignments

• Obligatoriske innleveringer

Specific conditions

Course materials

Kaplan, R. S. og Atkinson, A. A. (1998): Advanced Management Accounting. 3rd ed. Upper Saddle River, N.J. Prentice Hall.

Berg, T. Grunnleggende økonomistyring (siste utgave). Cappelen Damm Akademisk

Lecture notes and handouts.

There may be changes. Curriculum will be made available in the first lecture.

Credit reductions