6 ECTS credits
162 u studietijd
Aanbieding 1 met studiegidsnummer 4012599ENW voor werkstudenten in het 1e semester
met een verdiepend master niveau.
- Semester
- 1e semester
- Inschrijving onder examencontract
- Niet mogelijk
- Beoordelingsvoet
- Beoordeling (0 tot 20)
- 2e zittijd mogelijk
- Ja
- Inschrijvingsvereisten
- Enrolling in 'Financial and Managerial Accounting' means that you simultaneously take 'Introduction to Accounting and Finance' or have successfully passed 'Introduction to Accounting and Finance'.
- Onderwijstaal
- Engels
- Faculteit
- Faculteit Sociale Wetensch & SolvayBusinessSchool
- Verantwoordelijke vakgroep
- Business
- Onderwijsteam
- Stefanie Ceustermans
(titularis)
Sultana Rebeka Akhter
- Onderdelen en contacturen
- 18 contacturen Hoorcollege
14 contacturen Werkcolleges, practica en oefeningen
130 contacturen Zelfstudie en externe werkvormen
- Inhoud
This course provides a continued examination of the basic principles of financial accounting and provides an introduction to managerial accounting. As regards to financial accounting, this course will specifically focus on receivables; plant assets, natural resources, and intangibles; investments; current liabilities and payroll; and corporations. We will study such accounting procedures as transaction analysis, journal entries, and balance sheet and income statement preparation. The fundamental accounting equation will be used a central guiding principle throughout the course in order to explain new concepts and analyze transactions.
This course also introduces the fundamental concepts of managerial accounting. Managerial accounting focuses on the accounting tools managers use to run a business. The information provided by financial accounting is used to understand and apply the tools of managerial accounting. Financial accounting focuses on the past, reporting on results of previous accounting periods. Since managers are required to make decisions about future operations, managerial accounting often requires forward-looking information. As regards to managerial accounting, this course will focus on topics such as job order costing, process costing, cost management systems.
Students will obtain a thorough grasp of the fundamentals of financial and managerial accounting.
- Studiemateriaal
- Handboek (Vereist) : Horngren’s Financial & Managerial Accounting, T.L. Miller-Nobles, B. L. Mattison and E.M. Matsumura, 8de, Pearson, 9781292420899, 2023
Digitaal cursusmateriaal (Vereist) : Powerpoint presentations, Canvas
- Bijkomende info
Teaching Methods
- Lecture: collective contact-dependent moments during which the lecturer engages with learning materials
- Seminar, Exercises or Practicals (Practical): collective or individual contact-dependent moments during which the students are guided to actively engage with learning materials
- Independent or External Form of Study (Self): independent study
- This description of the teaching methods is indicative, in order to assess the expected study load.
Lecture: 18 hours (6 x 3 hours)
Practical: 14 hours
- practicum: 12 hours (3 x 4 hours)
- individual feedback: 2 hour
Self: 130 hours
- keeping up with the course material during the semester: 90 hours
- theory, amounting to 3 hours per hour lecture: 54 hours (18 x 3 hours)
- exercises, amounting to 3 hours per hour practical: 36 hours (12 x 3 hours)
- preparation exam: 40 hours (5 days of 8 hours)
- Leerresultaten
-
Algemene competenties
After studying this course, students should be able to:
- explain the differences between management and financial accounting;
- understand the concepts and measurements that underlie financial statements;
- record basic and advanced accounting transactions and prepare annual financial statements;
- develop the skills needed to analyze and interpret financial statements;
- describe fundamental concepts of managerial accounting;
- define cost drivers an calculate cost behavior;
- use cost-volume-profit analysis in decision taking;
- set-up and use a scheme of cost allocation;
- set-up and use accounting for overhead costs;
- understand and implement job-costing and process-costing systems.
- Beoordelingsinformatie
-
De beoordeling bestaat uit volgende opdrachtcategorieën:
Examen Schriftelijk bepaalt 100% van het eindcijfer
Binnen de categorie Examen Schriftelijk dient men volgende opdrachten af te werken:
- Schriftelijk Examen_Theorie
met een wegingsfactor 50
en aldus 50% van het totale eindcijfer.
- Schriftelijk Examen_Oefeningen
met een wegingsfactor 50
en aldus 50% van het totale eindcijfer.
- Aanvullende info mbt evaluatie
Written Exam (closed book):
- Theory with a relative weight of 50 which comprises 50% of the final mark;
- Exercises with a relative weight of 50 which comprises 50% of the final mark.
The theory and exercise part might differ with regard to the amount and the structure of the questions.
- Toegestane onvoldoende
- Kijk in het aanvullend OER van je faculteit na of een toegestane onvoldoende mogelijk is voor dit opleidingsonderdeel.
Academische context
Deze aanbieding maakt deel uit van de volgende studieplannen:
Master of Management: Standaard traject (enkel aangeboden in het Engels)
Master in de bewegings- en sportwetenschappen: Afstudeerrichting sportbeleid en sportmanagement - profiel sportbeleid en sportmanagement