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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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| Substitute(s) : | Anne Chanteux |
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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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| - The company and its environment
- Relation between financial accounting & cost accounting
- Cost classification (variable/fixed, direct/indirect, full or not)
- Analysis of direct costing and full costing
- Calculating full costs : traditional approaches & activity based costing
- Analysis of the pattern of a cost accounting network
- Break-even point
- Analysis of relevant costs for making decisions
- From cost accounting to management control |
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Learning outcomes of the course :
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| At the end of this course, students should be able to :
* explain aims of cost accounting
* define and classify costs in actual, standard, direct, indirect, fixed and variable costs
* calculate break-even-point and security margin
* describe the various cost calculation methods
* calculate costs with several methods and compare results
* understand that cost calculation methods should have been chosen and applied according to specific criteria
* analyse costs and margin and make decisions on that basis
* explain budgeting process
* calculate standard costs to prepare budgets
* calaculate and analyse variances |
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Prerequisites and co-requisites/ Recommended optional programme components :
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| Financial accounting |
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Planned learning activities and teaching methods :
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| Theoretical concepts, tools and methods are constantly illustrated by concrete examples.
Moreover exercises based on actual cases are proposed to students during specific classes. |
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Mode of delivery (face-to-face ; distance-learning) :
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| Face-to-face |
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Recommended or required readings :
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| Course book :
CHANTEUX Anne et NIESSEN Wilfried, les tableaux de bord et business plan, Editions des Chambres de Commerce et d'Industrie de Wallonie, 2005, 367 pages
Slides PPT & exercises :
--> available on the virtual campus Lol@
Additional bibliography (--> library) :
- BESCOS P.-L. and MENDOZA C., "Le management de la performance, le premier bilan des applications en France des méhodes ABC et target costing", 1997, Ed. Molesherbes, Paris, 288 pages.
- BOUQUIN Henri, "Comptabilité de gestion", 9th edition, 2010, Ed. Sirey, Paris.
- DEHERRIPON Philippe, "Gestion par activités", 1999, Ed. d'Organisation, Paris, 168 pages.
- GOUJET C. and RAULET C., "Comptabilité analytique et Contrôle de gestion", (tome 1 + corrigés), 7e édition, Dunod, 2007, 344 pages.
- HORNGREN C. and FOSTER G., "Cost Accounting - A Managerial emphasis", Prentice Hall International, New Jersey, 2011, 14th edition.
- LORINO P., "Le contrôle de gestion stratégique, la gestion par les activités", 1991, Paris, 213 pages.
- RAVIGNON Laurent, BESCOS P-L & al, "La méthode ABC-ABM", Eyrolles, Paris, 3rd edition, 2007, 386 pages.
- Reviews : Harvard Business Review, Revue Française de Comptabilité, Revue Française de Gestion. |
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Assessment methods and criteria :
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| Individual written exam (theory + exercises) |
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Work placement(s) :
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Organizational remarks :
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| Quetion times will be organized. |
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Contacts :
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| CHANTEUX Anne
Lecturer
UER Finance, Comptabilité et Droit
HEC-Ecole de gestion de l'ULg
Rue Louvrex, 14
4000 Liège Bât. N1
Tél: +32 4 2327261
Email: Anne.Chanteux@ulg.ac.be |
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