Management Control

EM36HM01B1

Program
PGE
PGE 2A - FINANCE - COMPTABILITE
UE
Management Control
Semester
B
Discipline
Accounting / Audit
Contact hours
27 H
Number of spots
45
Open to visitors
Yes
Language
Coordinator
Christian OTT

List of lecturers

Lecturer(s) Email Contact hours - lecture
Christian OTT christian.ott@em-strasbourg.eu 27 h

Pedagogical contribution of the course to the program

LEARNING GOAL 1 : Students will master state-of-the-art knowledge and tools in management fields in general, as well as in areas specific to the specialized field of management.
Students will identify a business organization’s operational and managerial challenges in a complex and evolving environment.
Students will understand state-of-the-art management concepts and tools and use them appropriately.
Students will implement appropriate methodologies to develop appropriate solutions for business issues.

Description

The course aims to provide future Chief Financial Officers and management accountants with an understanding of the main concepts and methods of management control. It examines the objectives of management control, the tasks of a management accountant, and the embedding of the management control function in the organization. It further develops the knowledge of cost accounting methods under absorption costing and variable costing (e.g., cost-of-goods-sold method). It analyzes information to help managers to take different types of decisions (e.g., cost-volume-profit analysis). It explores the implementation of decisions through the planning process (e.g., budgeting).

Teaching methods

Face-to-face

- Lectures
- Tutorials
- E-learning

In group

- Exercises
- Case studies/texts

Interaction

- Discussions/debates

Others

No items in this list have been checked.

Learning objectives

Cognitive domain

Upon completion of this course, students should be able to
  • - (level 1) describe the tasks of the management accountant
  • - (level 2) discuss the management's needs for information in relation to planning, decision-making, and control
  • - (level 2) distinguish the objectives of management accounting and control from those of other domains of accounting and finance
  • - (level 3) apply the appropriate cost and management accounting methods in line with the organization's objectives
  • - (level 4) examine the applied cost and management accounting methods critically
  • - (level 5) interpret the information derived from the applied cost and management accounting methods
  • - (level 5) support the management's operational and strategic decision-making
  • - (level 6) design management control systems for planning, decision-making, and control in line with an organization's objectives

Affective domain

Upon completion of this course, students should be able to
None affective domain have been associated with this course yet

Outline

1. Introduction to management accounting and control 2. Cost accounting methods 2.1. Cost terms and cost concepts 2.2. Product costing systems 2.3. Period costing systems 3. Accounting information for decision-making 3.1. Cost estimation and cost behavior 3.2. Cost-volume-profit analysis 4. Accounting information for planning and control 4.1. Planning and budgeting systems 4.2. Variance analysis

No prerequisite has been provided

Knowledge in / Key concepts to master

This course builds on basic concepts and methods of cost and management accounting (e.g., cost terms and cost concepts, product costing).

Teaching material

Mandatory tools for the course

- Computer
- Calculator
- Reference manuals

Documents in all formats


- Case studies/texts
- Worksheets

Moodle platform

- Upload of class documents
- Coaching/mentoring

Software

- Pack Office (Word, Excel, PowerPoint, Access)

Additional electronic platforms

No items in this list have been checked.

Recommended reading


Bhimani, A., Horngren, C. T., Datar, S. M., and Rajan, M. V. (2019). Management and Cost Accounting (7th edition). Harlow: Pearson. Drury, C. and Tayles, Mike (2021): Management and Cost Accounting (11th edition). London: Cengage .

No reading material has been provided.

EM Research: Be sure to mobilize at least one resource

Textbooks, case studies, translated material, etc. can be entered
No reading material has been provided.

Assessment

List of assessment methods

Intermediate assessment / continuous assessment 1Other (date, pop quiz, etc.) : will be announced at the beginning of the course
Written (45 Min.) / Individual / English / Weight : 25 %
Details : The intermediary exam will be taken on Moodle Exam.
This evaluation is used to measure LO1.1, LO1.3
Final evaluationExam week
Written (90 Min.) / Individual / English / Weight : 75 %
This evaluation is used to measure LO1.1, LO1.2, LO1.3
No assessment methods have been attributed to this course yet.