Operational and strategic controlling (ACCA) 2400-ZEWW755(ACCA)
Full course description The course schedule includes the following topics:
1. Introduction to controlling issues
The idea of controlling in the enterprise, types of controlling, controlling system implementation, management reports, information systems used in controlling, responsibility accounting, performance management information systems.
2. Controlling tools
Setting strategic goals and measuring methods, competitive positioning, benchmarking, long-term resource management, corporate responsibility, internal reporting, creation of measures and ratios, performance analysis in private sector organizations.
3. Life-cycle costing
4. Customer Profitability Analysis
5. Environmental accounting
Information on externalities and environmental performance,
performance management information systems.
6. Throughput accounting
7. Make-or buy and other short term decisions
8. Sources of management information
Internal and external sources of controlling information, costs of gathering the managerial information, ERP (Enterprise Resource Planning) systems, indirect costs identification in enterprises and in the public sector, costs drivers.
9. Management reports
10. Performance analysis in private sector organizations
Analysis of strategic and operational indicators in private institutions, use of financial and non-financial measures.
11. Performance analysis in not-for-profit organizations and the public sector
Controlling challenges in public administration and not-for-profit organizations, analysis of strategic and operational indicators in the public sector and NPOs, performance budgeting in the public sector, comparison of the efficiency of the entities, auxiliary measures in the performance evaluation of public administration, design of controlling reports and dashboards in the public sector.
12. External considerations and behavioral aspects
Social impact and governance measures, bounded rationality, heuristics.
Type of course
Prerequisites (description)
Course coordinators
Learning outcomes
Methods and criteria for evaluation The learning outcomes are assessed on the basis of the final exam (60% of the final grade), and the teamwork projects (40% of the final grade). Attendance during the lectures is obligatory (max. 2 unexcused absences).
The exam is divided into two sections: Section A consisting of 30 multiple answer questions (each question is worth 1 point) and Section B consisting of 2 open questions (each question is worth 10 points).
Final grade is determined on the basis of the following scale:
Percentage of the total sum of points / grade
(0-50%) / 2
<50%-60%) / 3
<60%-70%) / 3.5
<70%-80%) / 4
<80%-90%) / 4.5
<90%-100%> / 5
Assessment criteria
Assessment Completion of the course is to pass the final exam and to prepare the final projects. In addition, the course completion requires active participation in workshop classes.
Bibliography
Literature Required readings:
ACCA, Performance management (PM), Study text, BPP Learning Media, London 2019
ACCA, Performance management (PM), Practice$Revision Kit, BPP Learning Media, London 2019
Srikant M. Datar, Madhav V. Rajan. Horngren's Cost Accounting. A Managerial Emphasis. 17th Edition, Global Edition. Pearson 2021
Suggested readings:
Malcolm Smith, Performance measurement & management. A strategic approach to management accounting, SAGE Publications, London, 2005
Ch. S. Chapman, Controlling strategy. Management, Accounting and Performance Measurement, Oxford University Press, USA 2005
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: