• Module Coordinator: Dr Martine Cools
• Lecturers: Martine Cools, Paul Weyns
• Language: English
• ECTS credits: 6

Course objectives

This course consists of three modules: Strategic management accounting, Management control and Multinational accounting.

The module Strategic management accounting focuses on:

• Cost allocations, Activity Based Costing, Activity Based Management
• Advanced manufacturing technology, JIT, Target Costing, Product life-cycle costing
• Value chain analysis and accounting
• Customer profitability analysis, competitor analysis

The module Management Control focuses on:

• The role of management control and management control systems
• The different types of management control and their influences
• Systems of financial result control
• Performance measuring instruments and their results (including financial and non-financial criteria, the Balanced Score Card and management rewards)

The module Multinational Accounting focuses on:

• Management control in an international environment
• Corporate governance in the context of MNEs, the consequences of Sarbanes-Oxley etc.
• Introduction to International Taxation
• Transfer pricing

Entry requirements

Management Accounting I.

Teaching method

Seminars.

Assessment

Written exam: 80%

Course work: 20% (participation/presentation of coursework during classes is required)

Course material

For Strategic Management Accounting:

Horngren,Foster,Datar,Rajanand Ittner. 2008. Cost Accounting, a Managerial Emphasis. New Jersey, Prentice Hall Inc. 13th ed.

For Management Control and Multinational Accounting:

Merchant, K.A. & W.A. Van der Stede. Management Control Systems, Performance measurement, evaluation and incentives. England, Pearson Education, 7th ed.

Extra material on Toledo.