Operational and strategic controlling (ACCA) 2400-ZEWW942(ACCA)
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. Environmental accounting
Information on externalities and environmental performance, performance management information systems.
5. Throughput accounting
6. Make-or buy and other short term decisions
7. 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.
8. Management reports
9. Performance analysis in private sector organizations
Analysis of strategic and operational indicators in private institutions, use of financial and non-financial measures.
10. 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.
11. External considerations and behavioral aspects
Social impact and governance measures, bounded rationality, heuristics.
Type of course
Course coordinators
Learning outcomes
A) Knowledge
1. Student has knowledge of the distinction between auditing, internal auditing and controlling
2. Student understands the importance of databases based on the integration of financial and not-financial data
3. Student knows basic principles related to the practical use of the responsibility centers
4. Student understands what the differences are when building control systems in manufacturing, service and commercial enterprises and in public administration
5. Student knows the basic methods and tools that the enterprise controlling departments use
S1P_W06, S1P_W08
B) Skills
1. Student is able to design controlling system in enterprise or public institution
2. The student has the ability to prepare a controlling report based on the information system
3. The student can formulate basic conclusions about the situation of the company on the basis of the controlling report
S1P_U07
C) Social expertise
1. Student is able to design a controlling system that will enable an objective assessment of the functioning of individual organizational units of an enterprise or public
institution
2. Student understands the need to use a comprehensive system of measuring inputs and outputs in an enterprise, taking into account the enterprise’s environment
3. Student has the necessary competencies in teamwork, where the subject of the work is financial analysis and reporting
S1P_K02, S1P_K05
Assessment criteria
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
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: