Course code INN201-B

INN201-B Management Accounting

Norsk emneinformasjon

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Showing course contents for the educational year 2022 - 2023 .

Course responsible: Øystein Dahl
Teachers: Nils Sanne
ECTS credits: 7.5
Faculty: School of Economics and Business
Teaching language: NO
(NO=norsk, EN=Engelsk)
Teaching exam periods:
This course starts medio March, in Spring parallel. This course has teaching/evaluation in the Spring semester. 8 weeks teaching period.
Course frequency: Annually
First time: Study year 2022-2023
Preferential right:
One-year study programme in Sustainable Business and Leadership.
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 starts with a digital lecture. Thereafter the syllbus will be presented through videos, weekly excersies and mandatory test (multiple choice). The students will get access to digital resources on Canvas. 
Teaching support:
Terje Berg: Økonomistyring 3. utgave 2021, Cappelen Damm AS. ISBN 978-82-02-65982-0 
Recommended prerequisites:
Mandatory activity:
Weekly multiple-choice test, The candidate must answer correctly on more than 50 % of the questions on 2/3 of the tests to take the final exam.  
Final 3 hour home examination that counts 100 %.
Nominal workload:
187,5 hours
Entrance requirements:

Minimum requirements for entrance to higher education in Norway. 

Study right at KVU-BEDØK

Reduction of credits:
5 ECTS overlap with BUS100/BUS100F Cost Accounting, Fundamentals and INN200/INN200F Managerial Accounting. 2,5 ECTS overlap with BUS101 The Firm - Elements of Business.
Type of course:
Digital lectures: 4-5 hours per week. Problem solving exercises: 2 hours per week.The same excercise is given several times per week. 8 weeks teaching period.
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