363-0711-00L  Accounting for Managers

SemesterAutumn Semester 2022
LecturersH. Chen
Periodicityyearly recurring course
Language of instructionEnglish



Courses

NumberTitleHoursLecturers
363-0711-00 VAccounting for Managers
The lecture takes place in presence and will be recorded.
2 hrs
Thu10:15-12:00HG F 3 »
H. Chen

Catalogue data

AbstractThe course Accounting for Managers offers an introduction to financial accounting and management accounting. It provides managers with the necessary knowledge for decision making using accounting information.
ObjectiveBy attending this course, students will be able to:
- record business transactions on the different types of accounts.
- establish a balance sheet and an income statement.
- prepare the different financial reports.
- understand the principles of cost accounting.
- determine the cost of production.
- make decisions based on cost information.
ContentThe first part of the course is devoted to financial accounting. It teaches the principles of double-entre accounting and deals with the recording of commercial transactions on accounts. It describes the work to be carried out at the closing in order to prepare the financial reports according to the generally accepted accounting principles. This type of accounting information is primarily intended for investors and shareholders.

The second part of the course describes the principles of management accounting and explains the different costing methods. It aims to determine the manufacturing cost of production of the different products and services using full and variable costing methods. The accounting information focuses on the internal needs of managers for the purpose of budget preparation and profitability analysis.
Prerequisites / NoticeThis course is a prerequisite for the course Financial Management.

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits3 credits
ExaminersH. Chen
Typeend-of-semester examination
Language of examinationEnglish
RepetitionThe performance assessment is only offered at the end after the course unit. Repetition only possible after re-enrolling.
Mode of examinationwritten 90 minutes
Written aidsNone

Learning materials

No public learning materials available.
Only public learning materials are listed.

Groups

No information on groups available.

Restrictions

There are no additional restrictions for the registration.

Offered in

ProgrammeSectionType
Doctorate Mechanical and Process EngineeringSubject SpecialisationWInformation
Management, Technology and Economics MasterFinancial ManagementW+Information
MAS in Management, Technology, and EconomicsFinancial ManagementW+Information
Mechanical Engineering BachelorManagement, Technology and EconomicsWInformation