Advance management accounting and control

Academic year: 2007-2008 Course code module FTEMAJ0004 Semester: 2nd semester Credits: 3 Study load (hours) 84 Theory (hours): 20,00 Practice/Exercises(hours): 10,00 Other (hours): Part-time program: 2 Instructor(s) Anna Jorissen Language of instruction: Dutch Semester exam information: semester exam in June Contract restriction information: 1. Prerequisites *Algemene competenties Introduction to Management Accounting and control *Sequentiality 2. Objectives (expected learning outcomes) Students should be able to: .. develop a management control system for a company in line with the characteristics, strategy and the mission of that company . apply the most important techniques of strategic management accounting (Activity Based Management, Target Costing, Life Cycle Costing, Benchmarking, Value Chain Analysis) to real life examples 3. Course content  The major part of the course focuses on the role of management control in a company. The students will learn about the different elements of management control systems (action control, personel control, results control, social control) and how they can be used in designing a management control system for a company which allows top management to evaluate whether or not the company is in line with its strategic objectives and which allows top management to evaluate the behaviour and efforts of the employees. Attention will also be paid to concepts of strategic management accounting: value chain analysis, benchmarking, strategic cost analysis. 4. Teaching method Direct contact: Lectures Skills training Personal work: Exercises Case studies - in group 5. Assessment method Exam: Written, without oral presentation Open book Open questions Continuous assessment: Case studies 6. Compulsory reading – study material lK. Merchant and W. Van der Stede. Management Control Systems: performance measurement, evaluation and incentives, 2nd ed, 2007 7. Recommended reading - study material Simons, performance measurement and control systems for implementing strategy, Prentice Hall, 2000 Zimmerman, Accounting for decision making and control, 2006,Mc Graw Hill, 800 blz 8. Tutoring Students can ask questions to the lecturers if they have problems with their assignments laatste aanpassing: last update: 27/08/2007 11:05 ann.jorissen