Course code INN200

INN200 Management Accounting

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Showing course contents for the educational year starting in 2019 .

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: 2017H
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:

The course is given online. All lectures will be filmed and made available on Canvas.

Seminars with seminar leaders. No registration required, just meet at the seminar that suits your schedule best.

Teaching support:
Terje Berg: Økonomistyring 2. edition 2018, Cappelen Damm AS. ISBN 978-82-02-59247-9
Recommended prerequisites:
Mandatory activity:

There will be several assignments throughout the course. 

The students must pass at least one of the assignments to be allowed to take the exam. 

Final 3 hours written exam counts 100 %.
Nominal workload:
150 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:
.Seminars/problem solving exercises: 2 hours per week.
External examiner will control the questions for the final examination.
Allowed examination aids: C3 Alle typer kalkulatorer, alle andre hjelpemidler - inkludert digitale
Examination details: Written exam: A - E / F