Description du cours

Intitulé de l'Unité d'Enseignement

Management Accounting Control

Code de l'Unité d'Enseignement

21GE040

Année académique

2024 - 2025

Cycle

MASTER

Nombre de crédits

Nombre heures

Quadrimestre

Pondération

Site

Anjou

Langue d'enseignement

Anglais

Enseignant responsable

Lopez Bernabe Maria Lidon

Objectifs et contribution de l'Unité d'Enseignement au programme

The main learning goals will be:
- to master the vocabulary specific to Analytical Accounting expenses and Management Control (direct, indirect, variable, fixed, incorporable, non-incorporable, supplementary expenses, budgeted costs, standard costs, performance variances, activity variances, and budget variances, dashboards, …),
- to explain the objectives of Analytical Accounting and Management Control, as well as the methods that make it possible to achieve each of the objectives (cost calculation, budgetary techniques, management of dashboards, etc.),
- to understand that responsibilities are set annually by management and are, therefore, subject to change,
- to clearly identify the differences and complementarities between General Accounting and Analytical and Management Accounting,
- to understand the differences between strategic control, management control and execution control
- to apply all the concepts covered to different business situations.

Prérequis et corequis

Notions in Financial Accounting, a good command of English.

Description du contenu

Module 1 – Introduction
1.1 Introduction to the Management and Cost Accounting Control
1.2 Introduction to the International Financial Reporting Standards (IFRS)
1.3 Introduction to the Corporate Sustainability Reporting Directive (CSRD)

Module 2 - cost (analytical) accounting
2.1 Introduction to cost terms and concepts
2.2 Job Costing system
2.3 Process Costing
2.4 Cost allocation and costing systems

Module 3 – Determining how costs behave
3.1 Cost estimation approaches
3.2 Cost drivers
3.3 Activity-based costing system

Module 4 - Planning, Budgeting and Forecasting
4.1 The concepts and differences of planning, budgeting and forecasting
4.2 Planning: the key factor for a good financial performance
4.3 Budgeting: concept, functions and methods
4.4 Forecasting: concept, functions and methods

Module 5 - Management controls, performance measurement and analytics
5.1 The control systems and performance measurement
5.2 Variance analysis
5.3 The quantifiable measures of financial performance: Key Performance Indicators (KPIs)

Module 6 – Strategic planning and management systems
6.1 Concept and relevance of the strategy
6.2 The balance scorecard
6.3 Other strategic planning and management systems methods

Module 7 - Dashboarding
7.1 Dashboarding: concept and principles
7.2 Dashboarding: from theory to practice

Méthodes pédagogiques

? Master class lectures focusing on theoretical and practical learning blocks
? Case studies
? Individual and in group learning activities
The supporting material:
? Slides presentations
? Reference book: Management and Cost accounting, A. Bhimani, T. Horngren, Ed. Pearson, 8th edition, 2023
? Videos and Scientific and business articles

The use of AI in a transparent, responsible and critical way is authorized during this course.

Mode d'évaluation

Flexibility = accountability: at the beginning of the course the students will decide its evaluation approach based on their individual needs:

Option A (continuous evaluation: 100% mark):
? 50% written final exam1
? 40% case study resolution (work in groups)
? 10% individual activities resolution (individual work)

Option B (semi-continuous evaluation: 90% mark):
? 50% written final exam1
? 40% case study resolution (work in groups)

Option C (semi-continuous evaluation: 60% mark):
? 50% written final exam1
? 10% individual activities resolution (individual work)

Option D (non-continuous evaluation: 50% mark):
? 50% written final exam1

1/Multiple choice questions: single select or multiple select choice

Références bibliographiques

Reference book:

Bhimani, A., Datar, S. M., Horngren, C., & Rajan, M. V. (2023). Management and Cost Accounting. Pearson Higher Ed.

Other:

• Drury, C. M. (2013). Management and cost accounting. Springer.
• Wexler, S., Shaffer, J., & Cotgreave, A. (2017). The big book of dashboards: visualizing your data using real-world business scenarios. John Wiley & Sons.