Hybrid

FUNDAMENTALS OF COST AND MANAGEMENT ACCOUNTING

Provided by: UNWE
Bachelor's degree (EQF level: 6)

The course provides the students with the knowledge of:

• the role and importance of management accounting as a scientific and practical activity;
• the fundamental differences between financial and management accounting;
• the behavioral aspects within the organization and the ethical problems in management accounting practice;
• the traditional methods and concepts of management accounting for the following basic purposes: product/service costing; managerial decision making; performance management (i.e., budgeting and management control);
• the elements of effective performance management systems;
• the reasoning of the acquired knowledge through critical acceptance, understanding and expression of theories and principles;
The course will help students acquire skills, such as: • classifying costs and estimating cost behavior using historical cost data;
• determining the costs associated with the delivery of products/services;\

  • Spring/summer semester of 2022/2023 (from to )

    Course start date 2023-01-30
    Course end date 2023-06-04
    Language English
    Credits 6 (ECTS)
    Grading scheme: 2 mid-term exams; final semester exam

    A = Excellent / 6 /
    B = Very good / 5 /
    C = Good / 4 /
    D = Average / 3 /
    E = Average / 3 /
    FX = Poor / 2 /
    F = Poor / 2 /
    Course instance details