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Excerpt from course description

Managerial Accounting - RE-SIT-EXAMINATION

Introduction

Managerial accounting is a fundamental course regarding internal management with theory, concepts and methods relating to use of information and design of systems to aid in planning, controlling, decision making, evaluating performance and reporting financial results to company leadership.

Course content

  • Management accounting, planning, directing, and controlling
  • Comparison of financial and managerial accounting
  • Cost terms, concepts, and classifications
  • Cost behavior: analysis and use
  • Job order costing
  • Process costing
  • Cost-volume-profit relationships
  • Profit reporting under variable costing and absorption costing
  • Performance measurement
  • Relevant costs for decision making for adding and dropping product lines, make or buy decisions, special orders, pricing, and constrained resources
  • Profit planning and budgeting
  • Standard costs and variance analysis
  • Capital investment decisions

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.