Management Accounting

6 ECTS credits
150 h study time

Offer 2 with catalog number 1006334BNR for all students in the 2nd semester at a (B) Bachelor - advanced level.

Semester

2nd semester

Enrollment based on exam contract

Impossible

Grading method

Grading (scale from 0 to 20)

Can retake in second session

Yes

Enrollment Requirements

Studenten die dit opleidingsonderdeel opnemen, moeten geslaagd zijn voor ‘Algemeen Boekhouden’ en voor minstens 30 ECTS-credits op bachelorniveau. Studenten die ingeschreven zijn in de verkorte bachelor toegepaste economische wetenschappen, kunnen inschrijven voor dit opleidingsonderdeel, zij moeten minstens ingeschreven zijn voor ‘Algemeen Boekhouden'.

Taught in

Dutch

Faculty

Faculty of Social Sciences & SolvayBusinessSchool

Department

Business

Educational team

Stefanie Ceustermans (course titular)
Linde Kerckhofs
Farah Saerens

Activities and contact hours

20 contact hours Lecture
22 contact hours Seminar, Exercises or Practicals
128 contact hours Independent or External Form of Study

Course Content

The course covers three topics.

A first part focuses on general concepts (including a discussion of cost behavior and cost-volume relationships) and decision making (marketing and producition decisions).
The second part examines the different ways of product costing (activity-based costing, job-costing systems, process-costing systems) and the problem of overhead allocation (variable and absorption costing).
The final part examines the accounting for planning and control. This part introduces the master budget and the use of flexible budgets and standards for control.

Course material

Handbook (Required) : Introduction to Management Accounting, Horngren Charles T., Sundem Gary L., Burgstahler D. en Schatzberg J., 16de, Pearson, 9781292166131, 2016
Digital course material (Required) : Powerpointpresentaties, oefeningensyllabus, Canvas

Additional info

LECTURES (and exams) ARE IN DUTCH BUT UNDERLYING COURSE MATERIAL IS (mainly) IN ENGLISH

Horngren Charles T., Sundem Gary L., Burgstahler D., and Schatzberg J., Introduction to Management Accounting, 16th edition, Pearson, 2014.
A detailed course content will be posted on Canvas.
Powerpointpresentations

Complementary study material:

A syllabus with selected exercises from the handbook will be posted on Canvas.
During the semester solutions to the exercises will also be posted on the learning platform.

Learning Outcomes

General competencies

The objective of this course is to clearly present the basic concepts and techniques in management accounting and to recognize current trends.
The focus of the course is mainly the understanding of costs and cost behavior and the use of cost information for planning and control decisions.

Grading

The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.

Within the Written Exam category, the following assignments need to be completed:

Schriftelijk Examen Oefening with a relative weight of 50 which comprises 50% of the final mark.

Note: open vragen en meerkeuzevragen
Schriftelijk Examen Theorie with a relative weight of 50 which comprises 50% of the final mark.

Note: open vragen, meerkeuzevragen en juist/fout vragen

Additional info regarding evaluation

First and second session:
Written exam (in Dutch, closed book), consists of theory (50%) and exercises (50%):

The theory part will include open questions, multiple choice and true/false questions
The exercises will include open questions and multiple choice.

A sample exam will be posted on the learning platform.

Allowed unsatisfactory mark

The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.

Academic context