MAN 8898/8998/2274/2275 Managerial Accounting Analysis

APPLIES TO ACADEMIC YEAR 2013/2014

MAN 8898/8998/2274/2275 Managerial Accounting Analysis


Responsible for the course
Pål Berthling-Hansen, Espen Skaldehaug, Tor Tangenes, Ingunn Myrtveit

Department
Department of Accounting - Auditing and Law

Term
According to study plan

ECTS Credits
30

Language of instruction
To be decided

Introduction


    Learning outcome
    The learning objectives are:
    • Excel-modelling
    • Provision of relevant decision basis (term paper)
    • Internal and external cost analysis
    • How ot incorporate in practice the value of flexibility and additional information as central aspects in the choice between various investment alternatives
    • Linear programming as a tool for resource management
    • Incentives and bonus schemes
    • Balanced scoredcard
    • New control concepts

      Prerequisites
      Bachelor degree or equivalent and 4 years work experience. Please confirm our Student regulations. It is recommended that the participants have some prior experience og knowledge in economics / managerial accounting.

      Compulsory reading
      Books:
      Bertoneche, Marc and Rory Knight. 2001. Financial performance. Butterworth/Heinemann
      Copeland, Tom, Vladimir Antikarov. 2003. Real options : a practitioner's guide. New ed. Texere
      Gjønnes, Svein H. og Tor Tangenes. 2012. Økonomi- og virksomhetsstyring: strategistøtte ved prestasjonsstyring, ressurstyring og beslutningsstøtte. Fagbokforlaget. kap. 3, 4, 12, 15
      Kaplan, Robert S., Robin Cooper. 1998. Cost & effect : using integrated cost systems to drive profitability and performance. Harvard Business School Press
      Schlosser, Michel. 2002. Business finance : applications, models and cases. Prentice Hall
      Winston, Wayne L. 2011. Microsoft Excel 2010 : data analysis and business modeling. Microsoft Press

      Recommended reading
      Books:
      Dixit, Avinash K. and Robert S. Pindyck. 1994. Investment under uncertainty. Princeton University Press
      Levy, Haim and Marshall Sarnat. 1994. Capital investment and financial decisions. 5th ed. Prentice Hall

      Course outline
      Module 1:
      The module provides and introduction to the relevant concept scheme. What are alternative costs and how should they be applied in decision-making. Cost analyses and basic calculations such as activity-based calculation are focused on.

      Objective:
      Learning outcome for the module:
      The participants receive information about relevant problem approaches for the term paper
      • Provide insights into the basic concepts to be used in the programme.
      • Activity and cost analyses founded on activity-based calculation, with a strong decision-making focus.
      • Participants will gain insights into the change from traditional calculation to activity-based calculation with the use of a case study.
      • Various means of handling the capacity issue in calculation will be discussed.
      • Participants shall be able to carry out ABC analyses during one period, and analyses of a more operational character (internal cost analysis)
      • Harmonisation of capacities
      • Economic value of driver units
      • Linear programming as a method for process improvements, including
      - how to structure optimizing problems in an activity structure by means of linear
      programing
      - how to solve capacity problems both analytically and with the help of Excel
      - how to calculate and estimate the value of marginal capacity and discuss possible
      change measures.

      Computer-based tools
      Excel.

      Learning process and workload
      The program is conducted through five course modules, a total of 150 lecturing hours. Project tutorials differ in each Master of Management program. It will consist of personal tutorials and tutorials given in class. Generally the students may expect consulting tutorials, not evaluating tutorials. The total hours of tutorials offered is estimated to two hours pr. students following an ordinary Master of Management program. For students taking the program as their final Master of Management program the tutorials offered are estimated to a total of six hours.


      Examination
      The students are evaluated through a term paper, counting 18 ECTS credits and an individual written exam, counting 12 ECTS credits. Both evaluations must be passed to obtain a certificate for the program. The term paper may be written individually or in groups of maximum three persons.

      For students taking this program as the final Master of Management Program the following applies:
      The students are evaluated through a term paper, counting 24 ECTS credits and an individual written exam, counting for 6 ECTS credits. The term paper may be written individually or in groups of maximum two persons. Both evaluations must be passed to obtain a certificate for the program.

      Examination code(s)
      MAN 88981 - Term paper; 24 credits; counts 100 % to pass the program MAN 8898.
      MAN 89981 - written exam; 12 credits; counts 100 % to pass the program MAN 8998.
      Both evaluations must be passed to obtain a certificate for the program.

      For students taking this program as the final Master of Management Program the following applies:
      MAN 22741 - Term paper; 24 credits; counts 100 % to pass the program MAN 2274.
      MAN 22751 - individual written exam; 6 credits; counts 100 % to pass the program MAN 2275.
      Both evaluations must be passed to obtain a certificate for the program.

      Examination support materials
      All aids are allowed + calculator TEXAS INSTRUMENTS BA II PlusTM.

      Re-sit examination
      At the next ordinary exam.

      Additional information

      Semester

      Oversettelser