Duration
45h Th
Number of credits
| Executive Master in industrial Management | 7 crédits |
Lecturer
Language(s) of instruction
English language
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
The course equips learners with essential topics in management accounting, namely costing a product/service (using job costing, process costing and activity-based costing), cost allocation, preparing budgets, variance analysis, and pricing. These topics are essential and useful for managers in running business and making their daily decisions. Learners will understand about the role of management accounting in supporting managers (i) to control their operations, (ii) to adapt and response to changes in environment as well as (iii) to enhance competitiveness of their companies.
Besides, the second part of the course mentions about fundamental issues in auditing, namely nature and classification of auditing, code of ethics of auditors, auditing standards, liability of auditors, and the sequence of a financial audit (planning, implementing and reporting stages). These topics are useful for managers of audited entities in that managers can establish internal audit for their managing purposes, and can exploit benefits of independent audit.
Learning outcomes of the learning unit
Learners should be able to:
- Calculate unit cost of a product/service using job costing, process costing or activity based costing
- Allocate joint costs and indirect costs to arrive at accurate results
- Preparing budgets
- Identification and Analysis of significant variances
- Set selling prices (in the short term and long term)
- Deal successfully scenarios about liability of auditors, ethical values of auditors; select appropriate audit opinions for different cases, analyse risks of auditee for planning an audit
Prerequisite knowledge and skills
students should be able to calculate unit cost of a product, calculate profit of a company in one period of time, and have knowledge about Financial Statements (especially Balance Sheet and Income Statement)
Planned learning activities and teaching methods
lecturer summarizes main theoretical theories; exercises and cases will be then given to learners for discussion and brainstorming. Exercises and cases relate to theoretical topics studied.
Mode of delivery (face to face, distance learning, hybrid learning)
Face-to-face
Lectures will be delivered in class using beamers, blackboard, and other teaching devices. Learners then work with exercises and discuss in class about their results. Group discussion will be required for scenarios provided in advance.
Organisational adjustments related to the current health context
Recommended or required readings
Required:
Hongren C. et al. (2012) Cost Accounting: a Managerial Emphasis, Pearson
Leung C. et al. (2009) Modern Auditing and Assurance Services, 4th edition, John Willey.
Recommended:
- Kinney and Raiborn (2012) Cost Accounting: Foundations and Evolution, South-Western Education Publishing
- Drury, Colin (2007) Management and Cost Accounting, Cengage Learning Inc.
- Alvin A. et al. (2014), Auditing and Assurance Services: an Integrated Approach, 15th edition, McGraw Hill
- Whittington O. R. and K. Pany (2014) Principles of Auditing and other Assurance Services, McGraw Hill
Assessment methods and criteria
Below you will find information on the evaluation methods planned for in-person and remote exams as well as those planned for hybrid sessions. Depending on how the health crisis evolves, the chosen method will be communicated to you no later than one month before the start of the exam session.
The score of the course will be calculated based on Midterm Assignment and Final Exam undertaken by learners. The Midterm Assignment is a group assignment while Final Exam is individual and opened-book exam.
Weights of Midterm Assignment and Final Exam in the score of the course are 30% and 70%, respectively.
Work placement(s)
National University for Civil Engineering of Vietnam, Hanoi
Organizational remarks
Teaching language is English
Contacts
Asso. Prof. Dr. NGUYEN Thi Phuong Hoa, National Economics University of Vietnam, Office 406, Building 7;
Email: phuonghoaneu@gmail.com