Management Accounting
- Credits: 6
- Ending: Examination
- Range: 2P + 2C
- Semester: summer
- Year: 2
- Faculty of Economic Informatics
Teachers
Included in study programs
Teaching results
By completing the course, the student will acquire a systematic and comprehensive set of knowledge, skills and competences in the field of management accounting and its importance for the implementation and support of management decisions. The student will understand.
By completing the course, the student gains:
a) the knowledge – to understand the particularities of management accounting;
b) the skill – tp determine and apply the techniques that are used in management accounting to support management / managers in planning, controlling and monitoring performance in fulfilling and implementing the subject of activities of an accounting entity;
c) the competence – to evaluate information presented in management accounting.
Indicative content
The nature, source and purpose of cost and management accounting and its role in the accounting information system of an accounting entity; comparison and contrast of the elements of the accounting information system; classifications of costs used in cost and management accounting; application of statistical techniques in management accounting; cost accounting techniques and methods; alternative cost management techniques; budgeting, standard costing and performance measurement.
Support literature
1. TUMPACH, Miloš. Manažérske a nákladové účtovníctvo. Bratislava : Iura Edition, 2008. 253 s. Ekonómia. ISBN 978-80-8078-168-2.
2. MOKOŠOVÁ, Daša. Nákladové účtovníctvo : praktikum. Bratislava : Letra Edu, 2018. 150 s. ISBN 978-80-89962-00-6.
3. ACCA: Management Accounting, 2021
Syllabus
1. The nature, source and purpose of cost and management accounting and its role in the accounting information system of an accounting entity; comparison and contrast of the elements of the accounting information system, cost concepts 2. Classifications of costs used in cost accounting. 3. Classifications of costs used in management accounting. 4. Application of statistical techniques in management accounting – linear function, analysis to separate the fixed and variable elements of costs, concept of correlation coefficient and linear regression 5. Accounting for materials (methods for calculation of values), labor and overheads 6. Responsibility accounting – allocation and apportion production overheads to cost centres using an appropriate basis 7. Interdivisional accounting 8. Job costing 9. Butch costing 10. Process costing using the weighted average and FIFO methods 11. Alternative cost management techniques – activity-based costing, target costing, life-cycle costing and TQM 12. Budgeting – nature, purpose, preparation, types of budgets, control and variances 13. Standard costing (sales price, volume) and performance measurement
Requirements to complete the course
26 hours of lectures
26 hours of seminars
26 hours of preparation for the seminars
24 hours of preparation for the interim concept check test (30 % of the overall grading)
54 hours of preparation for the exam, - out of which 24 hours of the preparation for the exercises (30 % of the overall grading) - out of which 30 hours of the preparation for the compilation and the analysis of the financial statements of a company (40 % of the overall grading
Total study load (in hours): 156
Student workload
26 hours of lectures
26 hours of seminars
26 hours of preparation for the seminars
24 hours of preparation for the interim concept check test (30 % of the overall grading)
54 hours of preparation for the exam, - out of which 24 hours of the preparation for the exercises (30 % of the overall grading) - out of which 30 hours of the preparation for the compilation and the analysis of the financial statements of a company (40 % of the overall grading
Total study load (in hours): 156
Language whose command is required to complete the course
slovak
Date of approval: 10.02.2023
Date of the latest change: 15.05.2022