Course detail

Managerial Accounting

FAST-CV020Acad. year: 2022/2023

Budgets and budgeting. Methods of making and control budgets. Reporting as a source of information for decision making. Responsibility accounting.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Guarantor

Ing. Helena Hanušová, CSc.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Knowledge in the field of control of budget execution, creation of reports, understand the possibilities and the importance of standard cost method from point of view of the manager.

Prerequisites

Not applicable.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Course curriculum

1. Costs and managerial accounting and their development
2. Usage of costing calculations in management
3. Influence of a type of business activity on costs accounting
4. Fundamental analysis
5.-6. Budgets (basic terminology, long-term, short-term and overhead cost budgets)
7.-8. Standard costs method (basic terminology, standard costs method applied in series production, single-part production the assembly-line, the piece, the homogeneous and the joint manufacture production, using of standard costs method for overhead costs)
9. Responsibility accounting
10.-11. Decision-making tasks not requiring funding instruments
12.-13. Decision-making tasks requiring funding instruments

Work placements

Not applicable.

Aims

Understanding the difference between financial, managerial and internal accounting.

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Not applicable.

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme N-P-C-SI Master's

    branch N , 1 year of study, winter semester, compulsory

  • Programme N-K-C-SI Master's

    branch N , 1 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Ing. Helena Hanušová, CSc.

Syllabus

1. Costs and managerial accounting and their development 2. Usage of costing calculations in management 3. Influence of a type of business activity on costs accounting 4. Fundamental analysis 5.-6. Budgets (basic terminology, long-term, short-term and overhead cost budgets) 7.-8. Standard costs method (basic terminology, standard costs method applied in series production, single-part production the assembly-line, the piece, the homogeneous and the joint manufacture production, using of standard costs method for overhead costs) 9. Responsibility accounting 10.-11. Decision-making tasks not requiring funding instruments 12.-13. Decision-making tasks requiring funding instruments

Exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Helena Hanušová, CSc.