AFW2021

Budgeting and management techniques

(BUS)

6 points + Second semester + 3 class hours per week + Prerequisite: AFW2020

Synopsis: Cost/volume/profit analysis. Relevant costs for special decisions. Budgeting the budget planning process including master budget preparation. Standard costs. Responsibility accounting. Management by objectives and non-financial performance measurement. Transfer pricing and divisional performance. Program budgeting and other approaches. Strategic planning and capital budgeting.

Assessment: Assignments and projects: 30% + Examination: 70%