Normal costing, standard costing, flexible budgets, activity based costing, relevant costs and decision problems, the budgeting process, goal setting, budgeted income statement, cash flow budgets and the budgeted balance sheet. Control and follow up. Performance management.

The course is a second tier cost accounting course based on BUS100. The course aims at qualifying the students to work with and develop the internal accounts of a company and to make in depth analyses and computations for increased profitability. The students shall after the course be able to actively contribute in the financial management and control of companies. One compulsory assignment in two parts which is assessed as passed/failed.

Lectures and supervised exercises.

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Hoff, Kjell Gunnar: Driftsregnskap og budsjettering, Universitetsforlaget 2010. Hoff, Kjell Gunnar, Hoff, Jan-Erik: Driftsregnskap og budsjettering. Oppgaver og løsningsforslag, Universitetsforlaget 2010.

The students must have passed BUS100. It is recommended that the students also have knowledge in financial accounting corresponding to BUS110.

Compulsory assignments

One final examination of 3,5 hours which counts 100 %. 

300 hours.

Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)

Lectures: 4 hours per week. Exercises: 2 hours per week.

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External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.