204-036-IO  Accounting

Study program:

International Management (MBA)

Academic level and semester:

Master, 1st semester

ECTS credits/workload per semester:

7 / 175

Contact hours per week/contact hours per semester:

5 / 60

Type/Teaching method:

Lecture
Language of instruction: English

Frequency:

Every semester

Lecturer:

Prof. Dr. Andreas Schittenhelm, Prof. Dr. Mario Nicoliello, Prof. Dr. Daniela Fischer

Content:

This module integrates 204-036-IO Financial Accounting and 204-036-IO Management Accounting. 204-036-IO Financial Accounting covers essential areas such as Financial Statements, which include the Balance Sheet, Income Statement, Double Entry System, and Cash Flow Statement. It also encompasses Specific Balance Sheet Items like Inventory, Fixed Assets, Provisions, and Accruals. Additionally, the module explores Financial Analysis, focusing on Balance Sheet Analysis, Income Statement Analysis, and Cash Flow Statement Analysis. Consolidated Financial Statements are examined, incorporating Business Combinations and Consolidated Statements. Moreover, it addresses International Accounting, emphasizing the Importance of International Accounting and International Accounting Systems. 204-036-IO Management Accounting explores Decision Making, covering Managerial Accounting, Business Organization, and Professional Ethics (Chapter 1). It delves into Cost Behavior, Cost-Volume-Profit Relationships (Chapter 2), and Measurement of Cost Behavior (Chapter 3). Additionally, it addresses Cost Management Systems, including Activity-Based Costing (Chapter 4), and provides insight into Relevant Information for Decision Making, focusing on both Pricing (Chapter 5) and Operational Decisions (Chapter 6). Furthermore, it covers Product Costing, encompassing Cost Allocation (Chapter 12) and Accounting for Overhead Costs (Chapter 13).

Textbooks:

Basic Literature1. Anthony/Hawkins/Merchant: Accounting, McGraw-Hill Additional Literature2. Dyckman/Dukes/Davis: Intermediate Accounting, McGraw-Hill 3. Horngren/Harrison/Bamber: Accounting, Prentice Hall4. Hoyle/Schaefer/Doupnik: Advanced Accounting, McGraw-Hill 5. Perks: Financial Accounting for Non-Specialists, McGraw-Hill
Horngren/Sundem/Stratton/Burgstahler/Schatzberg: Introduction to Management Accounting, 17th Global Edition, Pearson 2022, ISBN-13: 9781292412566
Recommended for: Undergraduates, graduates
Prerequisites: None

Restrictions:

Only available as a module; number of undergraduates is limited to 6

Assessment:

Written exam