Budgets and management control

Duration

15h Th

Number of credits

Lecturer

Anne Chanteux

Language(s) of instruction

French language

Organisation and examination

Teaching in the second semester

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

Content
1. Introduction : from strategy to action
2. From financial accounting to budgetary control
3. Concept of cost and classification
4. Why management control in occupational health care ?
5. Budgeting process (budget conception and control)
6. Management scorecards and quality management systems (ISO9001)

Learning outcomes of the learning unit

At the end of the course the student should be able to :
- distinguish financial accounting, cost accounting and management control
- define and classify different types of costs
- understand the importance of management control in a "SEPP"
- explain budgeting process from long-term planning to budgeting control
- choose KPI's
- analyse management scorecards
- track similarities and differences between management scorecards and quality tools
- understand the evolution from a strictly financial control to a performance management tool

Prerequisite knowledge and skills

None

Planned learning activities and teaching methods

Mix of theoretical concepts and practical examples

Mode of delivery (face-to-face ; distance-learning)

Face-to-face

Recommended or required readings

Assessment methods and criteria

Individual work or in groups of 2 persons

Work placement(s)

Organizational remarks

...

Contacts

Anne Chanteux

HEC - Ecole de Gestion de l'ULg

rue Louvrex 14 (bâtiment N1) - 4000 LIEGE

04/232.72.61

anne.chanteux@ulg.ac.be