Cost Accounting and Controlling

Brief description

  • Strategic vs. operational controlling (SWOT, balanced scorecard, portfolio analysis etc.)
  • Overview of cost accounting (systems, terms, goals, etc.)
  • Cost theory (cost trends, cost remanence, etc.) and cost resolution
  • Cost-type accounting
  • Cost centre accounting (incl. internal activity allocation)
  • Cost unit accounting (incl. costing types) and cost unit profit and loss accounting
  • Periodic profit and loss accounting (total cost vs. cost of sales method, full vs. partial cost accounting, break-even analysis etc.)
  • Cost accounting and investment accounting (Lücke theorem)
  • Decision calculus (programme planning, price floors and ceilings, make or buy, etc.)
  • Budgeting (budgeted balance sheet, budgeted profit and loss account, finance plan)
  • Planned costing and variance analysis
  • Applications and case studies from professional practice
  • Outlook on cost management (e. g. activity-based costing, benchmarking, life cycle analysis)

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

  • Wala, T., Haslehner, F., Hirsch, M. (2016): Kostenrechnung, Budgetierung und Kostenmanagement, 2. Auflage, Linde.
  • Messner, S., Kreidl, C., Wala, T. (2020): Grundlagen der Betriebswirtschaftslehre, 6. Auflage, LexisNexis.

Planned learning activities and teaching methods

Lecture, discussion, practical application exercises in individual and group work, assignments

Assessment methods and criteria

  • Exam method: written final exam (70%), continuous assessment (30%, written quizzes)
  • Assessment criteria: completeness, level of detail and complexity of answers, correctness of solutions and results, compliance with formal criteria

Prerequisites and co-requisites

Module Financial Accounting

Infos

Degree programme

Logistics & Transport Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2023

Semester

3 WS

Incoming

Yes

Learning outcome

After successful completion of the course, students can

  • define the basic terms of cost accounting and controlling
  • identify the interrelationships in the system of cost and activity accounting
  • identify suitable instruments for operational tasks
  • participate in the preparation of an integrated corporate budget (budgeted balance sheet, budgeted profit and loss account, financial planning)

Course code

0391-21-01-VZ-DE-31