Course-PM

TEK482 TEK482 Management accounting lp2 HT24 (7.5 hp)

Course is offered by the department of Technology Management and Economics

Contact details

• Examiner:
  Kaj Suneson,  e-mail: suneson@chalmers.se, Phone: 031-7725776
• Lecturers and teachers:
  Same as above

Course purpose

The aim of the course is that students are to attain a basic understanding about economic relationships and commonly used economic decision material in industrial settings. After an approved grade on the course, the student should be able to actively participate in decision-making processes in companies. The students in their future profession should be able to understand and critically examine the content of economic reports, be able to produce decision-making material, based on economic information and actively participate in producing budgets.

Focus lies on companies internal perspective.

 

Schedule

In general we will have three lectures per week. The content will be a mix of theory, exercises and discussions at each occation. 

TimeEdit

Course literature

Main Book: (Available as electronic resource at Chalmers library) 

Title:        Introduction to Management Accounting Global Edition, 16/E

Author:   Charles T. Horngren, Stanford University,

                 Gary L. Sundem, University of Washington,

                 William O. Stratton, Pepperdine University and

                 Dave Burgstahler & Jeff O. Schatzberg

Publisher: Harlow : Pearson Education, 2014

ISBN: 0273790625 or 9780273790624

 

Other

A few articles may be added during the course and is part of the literature to the exam and other parts of the examination.

Course design

The course is campus based with lectures and a project. The core learning activities in the course consists of lectures that introduces topics and work with exercises. During the course a project is to be conducted.

Lectures is considered to introduce topics and students are expected to deepen, apply and fortify the knowledge in studying literature and working with exercises. The course book contains numerous of exercises at the end of each chapter.

The project consists of quizzez that is to be conducted. The quizzes is built on qustions and problems from chapters in the main book and a budgeting case to be solved. The project is conducted in groups of 2 students.

Canvas will be used as the main communication platform and students are expected to regularly check announcements on the platform.
The course site contains modules where material as recordings, handouts and instructions will be published. Commonly there will be a module connected to each study week but also some other modules, like one for the project.

Changes made since the last occasion

As a strong wish from students is more lectures on site at campus.

The project is less open and closer connected to theory, as asked for from students.

Learning objectives and syllabus

Learning objectives:

- Explain and paraphrase basic concepts and terminology in management and financial accounting.
- Use, explain and interpret common economic reports within companies in general and the shipping business in particular.
- Describe and separate different kinds of economic accounting methods and to modify and calculate the outcome with the use of such methods.
- Identify and discuss the role of budgets in organisations.
- Develop budgeted financial statements.
- Explain why ethical issues arises in budgeting.
- Design, modify and calculate performance measurements
- Judge investment alternatives by finding and compiling relevant information as well as perform capital budgeting.

Link to the syllabus on Studieportalen.

https://www.chalmers.se/en/education/your-studies/find-course-and-programme-syllabi/course-syllabus/TEK482/?acYear=2024/2025

Examination form

The examination consists of an individual written  exam (on campus, digital in Inspera, see this link), and a compulsory project consisting of three assignments.

Dates for exams (on campus!)

• January 15, 2025, 2pm to 6pm
• Re-exam at April 15, 2025, 2pm to 6pm

Aid at exams: Only a calculator that is centrally approved by Chalmers.

To reach a final approved grade, each part must be at least approved. The final grade is decided based on the result on the written exam.

Grades on the exam:
Grade 3: 50% or more of maximum points on the exam
Grade 4: 65% or more of maximum points on the exam
Grade 5: 80% or more of maximum points on the exam

Alternative forms of examination might be used in special cases.
All material presented/used during the course is potential parts of the exam.

Exams are normally offered three times per year.

Student representatives

• Adela Ella Alagic – ella.alagic@outlook.com
• Fabrice Sama Faison Che – gusfabrch@student.gu.se
• Fredrik Lindström – fredrik.lindstroem@protonmail.com
• Gerben Overzet – gerbenoverzet@gmail.com
• David Svanström – David.svanstrom@hotmail.se