Excerpt from course description

Managerial Accounting and Control - RE-SIT EXAM


This course builds on BØK 3422 Managerial Accounting, BØK 3423 Finance and BØK 3531 Financial Accounting and Financial Statement Analysis. The course is structured according to a generic management cycle and relate to real business problems. The course focuses on planning and management of value creation process and relevant decision support for value creation, both in situations where the strategy is given and in situations of strategic corrections, based on learning.

Course content

Part 1: Planning and management of value creation process

  • About Managerial Accounting and Performance management
  • Goals and objectives
  • Strategy maps and strategic themes
  • Measures, validity and reliability
  • The budget as a performance management tool
  • Excel-modeling and budgeting

Part 2: Decision Support for the value creation

  • Competitive power and cost drivers
  • Resource and cost concepts
  • Revenue and cost relevance
  • Costing with emphasis on ABC

Part 3: From analysis to improvement

  • Lean philosophy
  • Multidimensional process analysis


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.