Excerpt from course description

Managerial Accounting


The aim of this first course in managerial accounting is to give students essential basic knowledge and skills so that they can take part in discussions on problems in managerial accounting and carry out simple analyses within this field, make correct decisions and communicate the results of the analyses in a comprehensible manner.

Course content

The course consists of the following three parts:

Part 1: Accounting  
The main financial statements (the income statement and the balance sheet)
How are financial statements prepared (basic registration techniques)?
How can financial statements be used (financial statement analysis)?

Part 2: Cost and income analysis
Cost theory

Cost allocation
Cost accounting methods (contribution margin and full cost)

Cost- volume-profit analysis
Short-term decision problem areas

Part 3: Budgeting
Budgeting and financial management
Preparation of the main budgets (income statement budgets, cash budgets and balance sheet budgets) and their relationships


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.