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| GEST0368-1 | Cost Accounting
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| Duration : | 30h Th |
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| Number of credits : |
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| Lecturer : | Keke Makunza |
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Language(s) of instruction :
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| French language |
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Organisation and examination :
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| Teaching in the second semester |
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Course contents :
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| Through the training program Preparatory year Master in Management, HEC School of Management, University of Liège train future leaders able to provide multiple functions in government, business, the movements and other social institutions.
This course presents the main techniques used in management accounting and shows why they are useful in a decision-making perspective.
Having highlighted the specificities of management accounting and havind defined its main terms and concepts, this course presents first the cost accumulation process for inventory valuation and profit measurement. Then, it proposes an in-depth analysis of the different techniques used to manage accounting information in a decision-making perspective (cost-volume-profit analysis, activity-based and process-based costing, profitability analysis and pricing decisions and decision-making under conditions of risk and uncertainty). |
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Learning outcomes of the course :
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| At the end of this course, the student should be able to define and classify the different costs (actual, standard, direct, indirect, fixed, variable), to calculate the breakeven point and margin of safety, to describe the various methods of costing, calculate costs, implement the methods of calculating costs on a case by case analysis of the results for decision making, analyze and interpret the various gaps and define and analyze various tools of strategic management costs. |
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Prerequisites and co-requisites/ Recommended optional programme components :
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| Principles of business accounting |
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Planned learning activities and teaching methods :
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| at the end of the theory (exercises prepared in advance). |
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Mode of delivery (face-to-face ; distance-learning) :
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| 20 hours theory with 2 hours per week (prepared in advance) and a practical work in enterprises on the identification of calculation of costs by a group of 5 students to make April 30 (date limit) |
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Recommended or required readings :
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| Slides and Van Caillie's book (2005): Cost Accounting Principles and management accounting, 2nd edition of Université de Liège in http://lola.hec.ulg.ac.be/claroline/course/index.php.cid=GEST1056_1)
Further reading
DUBRULLE L., JOURDAIN D., « Comptabilité analytique de gestion », Ed. Dund, Paris, Paris, 2007.
.GOUJET C. et RAULET C., « Comptabilité analytique et Contrôle de gestion », 4e édition, Dunod, Paris, 2001.
. KAPLAN R. et ATKINSON A., "Advanced management accounting", Prentice-Hall International, New Jersey, 1998.
.LARDY Ph., PIGE B., « La gestion stratégique des coûts : consommation des ressources et création de valeurs », Ed. EMS, Paris, 2001.
. SAADA T., BURLAND A., SIMON Cl., « Comptabilité analytique et contrôle de gestion », Ed. Vuibert, Paris, 2005. |
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Assessment methods and criteria :
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| Written examination with both issues of theory and exercises (30% / 30%). Practical work in enterprises and on the identification of calculation of costs (40%). |
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Work placement(s) :
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Organizational remarks :
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| Incompatibility with "Management Accounting" designed specifically for students of the 2nd Bachelor. Formation of groups of 5 students at the first meeting (attendance required) |
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Contacts :
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| Teacher: Keke Edgard MAKUNZA
E-mail: K.Makunza@ulg.ac.be
Building B31 (Office 2.97) or CEPE (Louvrex Street 14, Bldg. N1) Workouts provided by
Marius KAMTO Kenmogne,
Researcher at the Centre for the Study of Performance of the Company,
HEC Management School, University of Liège
Louvrex Street, N1 14 Bat Box 11 - 4000 Liège (Belgium)
Phone: (00) (32) (0) 4 232 74 34 - E-Mail: mkamto@doct.ulg.ac.be |
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