Duration
30h E-Lrng
Number of credits
| Executive Master in Accounting (Certificate organised abroad) | 3 crédits |
Lecturer
Language(s) of instruction
English language
Organisation and examination
All year long
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
PART 1 : ANALYTICAL ACCOUNTING (= COST ACCOUNTING)
Chapter 1 : Introduction and goals of analytical accounting
Chapter 2 : Links between financial and analytical accounting
Chapter 3 : Cost classification
Chapter 4 : Cost-volume-profit analysis and break-even point
Chapter 5 : Cost calculation methods
PART 2 : MANAGEMENT CONTROL
Chapter 6 : Introduction - From strategy to action
Chapter 7 : Budgeting process
Chapter 8 : Standards setting and budgetary control
Chapter 9 : Balanced Scorecard
Learning outcomes of the learning unit
At the end of part 1 of this course, you should be able to :
- explain the importance and the aims of analytical 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
- calculate costs in advance (« forecasted costs »)
- prepare budgets
- calculate and analyse variances between actual data and forecasts and take corrective actions
- facilitate future decision-making
- be aware of ideas's evolution and notice the trend to go from a purely financial management (or even cost) control towards global and strategic perfomance managament
- find out relevant KPI's related to objectives for the Balanced Scorecard
Prerequisite knowledge and skills
Financial accounting
Planned learning activities and teaching methods
COURSE MATERIALS :
- POWERPOINT SLIDES (with exemples and small exercises)
- VIDEOS
- COURSE BOOK
- MCQ & ADDITIONAL EXERCISES (without and with solution)
- CASE STUDIES
Mode of delivery (face to face, distance learning, hybrid learning)
e-learning
Recommended or required readings
Any session :
- In-person
written exam ( multiple-choice questionnaire )
- Remote
written exam ( multiple-choice questionnaire )
- If evaluation in "hybrid"
preferred remote
Additional information:
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