Course syllabus MUCA - Managerial Accounting (FBE - SS 2014/2015)

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Course code: MUCA
Course title in language of instruction: Managerial Accounting
Course title in Czech: Managerial Accounting
Course title in English: Managerial Accounting
Mode of completion and number of credits: Exam (6 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes: full-time, 2/1 (hours of lectures per week / hours of seminars per week)
Language of instruction: English
Level of course: master continuing
Semester: SS 2014/2015
Name of lecturer: doc. Ing. Hana Bohušová, Ph.D. (supervisor)
Prerequisites: Final Bachelor Exam
Aims of the course:
To give a survey of the managerial accounting methods, the possibilities of application methods and accounting information in the financial management from the point of view of the different levels of the company management. Students after completing the course are able to recommend methodologies for processing information about the business entity for internal management purposes in connection with business activities and organizational structure of the enterprise.
Course contents:
1.Cost accounting its expression, history. Relation between cost accounting, managerial accounting and financial accounting (allowance 2/1)
a.History of managerial accounting
b.Differences in the content, extend and time orientation

2.Cost expression in managerial accounting (allowance 4/2)
a.Basic approaches to the cost expression
b.Managerial accounting cost expression, differences between financial accounting
c.Cost classification, functions of classification in managerial accounting

3.Costing (allowance 6/3)
a.Costing, basic terms and function in the cost management
b.Methods of costing
c.Methods of costing and profit or loss calculation differences
d.Costing system, application in managemen

4.Responsibility accounting (allowance 6/3)
a.Preconditions of responsibility accounting application
b.Centralization and decentralization
c.Types of responsibility center, organizational and economic structure
d.Transfer pricing

5.Budgeting (allowance 0/0)
a.Functions of budget, plan and budget relation
b.Budgeting process
c.Types of budgets, methods of budgeting
d.Utilization of budget in control

6.Standard cost Method (allowance 4/2)
a.Function of Standard cost method
c.Variances and variances analyze

Learning outcomes and competences:
Generic competences:
-ability to analyse and synthesize
-ability to apply knowledge
-ability to make decisions
-ability to solve problems
-capacity to adapt to new situations
-professional knowledge

Specific competences:
-Ability to choose methodologies for recording activities in relation to the nature of activities
-ndestanding of managerail accounting methods
-Understanding of cost allocation method
-Use of information for management and decision making

Type of course unit: optional
Year of study: Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement: There is no compulsory work placement in the course unit.
Recommended study modules: -
Learning activities and study load (hours of study load):
Type of teaching methodDaily attendance
Direct teaching
     lecture28 h
     practice14 h
     preparation for exam70 h
     preparation for regular assessment28 h
     preparation for regular testing28 h
Total168 h
Assessment methods:
Examination: The examination consists of written (2 theoretical questions - 15 minutes processing time, a comprehensive example of the processing of information in terms of internal 45 minutes and oral - verification of theoretical knowledge (10 minutes).
Recommended reading:
TypeAuthorTitlePublished inPublisherYearISBN
RQDRURY, C.Cost and management accounting: an introductionAndover [u.a.Cengage Learning2011978-1-4080-3213-8
RQDRURY, C.Management and cost accountingAndoverCengage Learning2012978-1-4080-4180-2
REManagerial accounting: Concepts for planning, control, decisionmakingHomewoodIrwin19910-256-08948-5
REManagerial accountingNew YorkMcGraw-Hill19910-07-028963-8


Last modification made by Ing. Jiří Gruber on 03/09/2015.

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