LV EN RU DE FR

Managerial Accounting and Control

Course abstract

To study course provide students with knowledge of management accounting research and the development of management accounting systems, and the ability to evaluate and improve the company's specific accounting management system.

Learning outcomes and their assessment

Knowledge
• In-depth theoretical knowledge about management accounting – discussions, individual work, exam.
• Demonstrate profound and extended knowledge and understanding of the theoretical concepts which underpin the formation, operation and performance of management accounting – discussions, individual work, exam.
• Utilize scientific research in problematic about agri-food business sector management problems – discussions, individual work, exam.
Skills
• Design a research plan to solve practical problems in their field of management accounting - discussions, individual work, and exam.
• Effectively communicate research results - discussions, individual work, and exam.
• Organize, participate and support decision making process – discussions - discussions.
Competences:
• the ability to evaluate and improve the company's specific accounting management system.

Course Content(Calendar)

1. Management Theories in Managerial Accounting.
2. Managerial Accounting System Development and Analysis.
3. Environmental Cost Accounting
4. Spoilage Accounting.
5. Capital Budgeting Decisions.
6. Inventory Management. JIT.
7. Responsibility Accounting and Transfer Pricing.
8. LEAN Accounting.
9. Strategic Management Accounting.
10. Systems of Management Control and Analysis.
11. Managerial Accounting Ethics.

Requirements for awarding credit points

A ten-point criterion-cumulative assessment system is applied to assess the achievements of the students pursuant to the established criteria of the subject-learning outcome. The subject knowledge checks are performed in the course of the whole term in the form of a exam test, literature review paper, and individual assignment. Tests consist of 10 short theoretical open-ended questions and situational tasks. Each task is marked separately using the 0 to 10 scale and then the points are summed up. Each student is personally informed about the test results.

Description of the organization and tasks of students’ independent work

Complited and submitted individual work – literature review paper
Complited and submitted individual work – individual assignment

Criteria for Evaluating Learning Outcomes

1. literature review paper -30%
2. individual assignment – 30%
3. exam test - 40%