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Students have profound knowledge of costing techniques. They are able to apply them to practical examples. They can discuss their social, intercultural, and ethical implications. Students have profound knowledge of foundations, functions, and basic issues of cost management as well as its intersection with other management functions. They are able to discuss and analyse the impact of cost management in an international organisational context against the backdrop of the current state of research.

The PS accompanies lecture 433440 and provides the opportunity to train costing and management accounting techniques and critically discuss their effects and implications.

- Costing techniques

- Foundations, functions, and basic issues of cost management in an international context

- Cost management and its relations to and impact on other management functions

- Social, intercultural, and ethical implications of cost management

Exercises, cases, assignments, in-class discussions

Interactive course with cumulative assessment. Details t.b.a.

Bhimani, A., Horngren, C. T., Datar, S., & Madhav, V. R. (2023). Management and cost accounting (8th ed.). Pearson Education.

Prerequisites for the the module: positive evaluation of compulsory modules  according to §7 (1) no. 1 and 2: Introduction to Economics and Introduction to Global Economy.

The PS accompanies lecture 433440 and is intended to support and deepen your understanding cost and management accounting. The lecturers therefore expect that you attend the lecture, and they will not reproduce the lecture in the PS. Participation in the PS is mandatory.