Course code INN200

INN200 Management Accounting

Norsk emneinformasjon

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Showing course contents for the educational year 2021 - 2022 .

Course responsible: Nils Sanne
ECTS credits: 5
Faculty: School of Economics and Business
Teaching language: NO
(NO=norsk, EN=Engelsk)
Limits of class size:
Teaching exam periods:
This course starts in the Autumn parallel. This course has teaching/evaluation in the Autumn parallel.
Course frequency: Annually
First time: Study year 2017-2018
Course contents:

The course provides an introduction to basic management accounting.

The following topics are covered: Cost and cost behavior; Markets; Product costing, Cost allocation; Short term production decisions and trade-offs; Financial accounts; Time value of money; Capital budgeting.

Learning outcome:


After completed course, the student should have knowledge on:

  • basic topics, theories, methods, problems and tools within cost accounting.
  • different types of costs
  • the firm`s short term decision problems
  • financial accounting
  • time value of money
  • different capital budgeting methods


After completed course, the student should be able to:

  • give an account of basic cost accounting terminology
  • explain which factors affect the firm, both on the short and long term
  • explain and calculate how changes in activity affects revenue, costs, and profits
  • explain the relation between the balance sheet and profits
  • explain the present value of money
  • explain and conduct simple project analysis

General competence:

After completed course, the student

  • masters cost accounting terminology
  • can communicate central cost accounting theory.
  • is able to use cost and income theory in decision-making
Learning activities:
Digital lectures and weekly seminars. The students will also have access to digital resources on Canvas. 
Teaching support:
Terje Berg: Økonomistyring 2. edition 2018, Cappelen Damm AS. ISBN 978-82-02-59247-9
Recommended prerequisites:
Mandatory activity:

There will be 12 assignments throughout the course. The students must pass at least 8 of the assignments to be allowed to take the exam. 

Compulsory exercises are valid for 2 years.

Final 3 hour home examination that counts 100 %.
Nominal workload:
125 hours
Entrance requirements:
Minimum requirements for entrance to higher education in Norway.
Reduction of credits:
5 ECTS overlap with BUS100 Cost Accounting, Fundamentals. 2,5 ECTS overlap with BUS101 The Firm. 
Type of course:
Problem solving exercises: 2 hours per week.
External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
Examination details: Written home exam: Passed / Not Passed