Some basic knowledge of accounting techniques and financial statements is required.

1 Analyze existing cost structure, between fixed and variable elements by absorption and marginal costing 2 Prepare financial forecast and analyze results against the forecast 3 Understand the management accounting systems 4 Make common business management decisions

Class 1: Introduction to Management Control, Calculating Manufacturing Cost of Sales Class 2: Marginal and Absorption Costing Class 3: Fixed and Variable Cost analysis, Case Study Class 4: Activity Based Costing, Case Study Class 5: Budgetary Control: Merchandising, Case Study Class 6: Budgetary Control: Merchandising, Case Study Class 7: Budgetary Control: Manufacturing,Case Study Class 8: Variance Analysis Class 9: Common Decision Making, Case Study under social pressure to maintain sustainability Class 10: Cost Allocation, Cost Allocation and Process Costing

Theoretical and practical classes Individual and group assignments Tutorships Use of Artificial Intelligence (AI): The use of AI is allowed but not compulsory. Please be aware that, while AI tools can be useful to enhance your access to information and learning, you should try to take advantage of it to enhance your independent research skills, develop your critical thinking, and make your own assessment of the issues researched. Please also be aware of the reduction in the originality of your arguments and the risk of plagiarism that exists when you overrely on AI tools to generate content. Students will be informed if the use of AI is permitted or not in a particular assignment and also how this use should be referenced.