Advanced Management Accounting

2019-2020
This course is offered in Dutch. Some of the descriptions may therefore only be available in Dutch.

Course Objective

This course provides an overview of the main issues that financial
controllers will face in their daily work. In the course we use both a
set of quantitative methods and study academic papers to analyze how
management accounting information will be used for decision making and
evaluation (Bridging theory and practice - knowledge and application;
Broadening your horizon - IT). Finally, this course discusses several
issues where financial controllers face opposing forces to make
decisions in their work (broadnening your horizon - responsibility).

After following the course, you should be able to:
- use quantitative methods (e.g., regression, linear programming,
financial modelling), to assess the value of additional information,
analyze the impact of uncertainty on profitability, analyze bottlenecks,
and analyze cost behavior;
- read and understand academic papers and be able to formulate why
results of these papers are informative for practical decisions;
- understand why the need for management accounting information has
grown over time;
- recognize that financial controllers play a key role in decision
making and performance evaluation;
- discuss and evaluate opposing forces that influence decisions that
financial controller make (e.g, the watchdog role versus information
supplier role of controllers).

Course Content

Since management accounting information is not subject to a set of
external regulations, other principles will guide which accounting
information firms need. These principles are often based on cost-benefit
reasoning, and on understanding the set of incentives that different
layers of managers have. In the course we analyze the value of
management accounting devices based on these principles.

Teaching Methods

Four hours of lectures (hoorcollege) per week. These lectures are
recorded on video. In addition, two hours of tutorial (werkcollege) per
week, during which student questions are discussed, two homework
assignments are prepared and some of of the more complex calculations
are practiced. During four of the six weeks, each student can prepare
two assignments at home, to be handed in through Canvas. Six sufficien
assignments yield a 0.5 bonus to be added to the exam score.

Method of Assessment

Written exam. Optional assignments yielding a maximum of 5 bonus points
(out of 100 for final grade)

Entry Requirements

The course assumes an understanding of management accounting at
intermediate level. This is usually equivalent to an introductory course
(level 100) plus an intermediate course (level 200 or 300) in the area
of management accounting.

Literature

Groot, T., & Selto, F. (2013), Advanced Management Accounting, Pearson
Education, London. ISBN: 978-0-273-73018-7.
A selection of academic papers, to be published on Canvas.

General Information

Course Code E_PTACC_AMA
Credits 6 EC
Period P2
Course Level 400
Language of Tuition Dutch
Faculty School of Business and Economics
Course Coordinator prof. dr. T.L.C.M. Groot
Examiner prof. dr. T.L.C.M. Groot
Teaching Staff dr. E. Wiersma
prof. dr. T.L.C.M. Groot

Practical Information

You need to register for this course yourself

Last-minute registration is available for this course.

Teaching Methods Seminar, Lecture
Target audiences

This course is also available as: