INN200 Management Accounting
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Showing course contents for the educational year starting in 2021 .
Course responsible: Nils Sanne
ECTS credits: 5
Faculty: School of Economics and Business
Teaching language: NO
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
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.
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
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
Digital lectures and weekly seminars. The students will also have access to digital resources on Canvas.
Terje Berg: Økonomistyring 2. edition 2018, Cappelen Damm AS. ISBN 978-82-02-59247-9
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 %.
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: Home exam: Passed / Failed