Course Details

Managerial Accounting

Academic Year 2023/24

CV020 course is part of 1 study plan

N-P-C-SI (N) / N Winter Semester 1st year

Budgets and budgeting. Methods of making and control budgets. Reporting as a source of information for decision making. Responsibility accounting.

Course Guarantor

Institute

Objective

Understanding the difference between financial, managerial and internal accounting.

Knowledge

Knowledge in the field of control of budget execution, creation of reports, understand the possibilities and the importance of standard cost method from point of view of the manager.

Syllabus

1. Costs and managerial accounting and their development
2. Usage of costing calculations in management
3. Influence of a type of business activity on costs accounting
4. Fundamental analysis
5.-6. Budgets (basic terminology, long-term, short-term and overhead cost budgets)
7.-8. Standard costs method (basic terminology, standard costs method applied in series production, single-part production the assembly-line, the piece, the homogeneous and the joint manufacture production, using of standard costs method for overhead costs)
9. Responsibility accounting
10.-11. Decision-making tasks not requiring funding instruments
12.-13. Decision-making tasks requiring funding instruments

Language of instruction

Czech

Credits

4 credits

Semester

winter

Forms and criteria of assessment

course-unit credit and examination

Specification of controlled instruction, the form of instruction, and the form of compensation of the absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Offered to foreign students

Not to offer

Course on BUT site

Lecture

13 weeks, 2 hours/week, elective

Syllabus

1. Costs and managerial accounting and their development 2. Usage of costing calculations in management 3. Influence of a type of business activity on costs accounting 4. Fundamental analysis 5.-6. Budgets (basic terminology, long-term, short-term and overhead cost budgets) 7.-8. Standard costs method (basic terminology, standard costs method applied in series production, single-part production the assembly-line, the piece, the homogeneous and the joint manufacture production, using of standard costs method for overhead costs) 9. Responsibility accounting 10.-11. Decision-making tasks not requiring funding instruments 12.-13. Decision-making tasks requiring funding instruments

Exercise

13 weeks, 2 hours/week, compulsory