INN201-B Management Accounting
Credits (ECTS):7.5
Course responsible:Øystein Dahl
Campus / Online:Online
Teaching language:Norsk
Course frequency:Annually
Nominal workload:187,5 hours
Teaching and exam period:This course has teaching/evaluation in the Spring semester. 8 weeks teaching period, week 13-21.
About this course
This 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 completing the course, the student will have the following learning outcomes, divided into knowledge, skills, and general competence:
Knowledge
The student
- has knowledge of basic topics, theories, methods, problems and tools within cost accounting
- has knowledge of different types of costs
- has knowledge of the firm`s short term decision problems
- has knowledge of financial accounting
- has knowledge of time value of money
- has knowledge of different capital budgeting methods
Skills
The student
- can give an account of basic cost accounting terminology
- can explain which factors affect the firm, both on the short and long term
- is able to explain and calculate how changes in activity affects revenue, costs, and profits
- can explain the relation between the balance sheet and profits
- can explain the present value of money
- is able to explain and conduct simple project analysis
General competence
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
Teaching support
Assessment method
Examiner scheme
Mandatory activity
Teaching hours
Preferential right
Reduction of credits
Admission requirements