Coursebooks

Financial & managerial accounting

MGT-481

Lecturer(s) :

Cauvin Eric

Language:

English

Withdrawal

It is not allowed to withdraw from this subject after the registration deadline.

Remarque

MA3 Only. Special schedule. See the MTE website: http://cdm.epfl.ch/mte/study-plan

Summary

The aims of the course are to explain how information helps investors to analyze the financial profile of a company, and to provide analytical tools for assisting managers in evaluating various decisions within economic organizations. Summary (fr)? Content? The main financial statements Basic acc

Content

1. The main financial statements
2. Basic accounting concepts, techniques and corporate annual reports
3. Essential concepts and techniques of cost accounting and their application to the business
4. The ways and means by which cost accounting techniques are brought to bear on the operational decision-making process that enable operating managers in making effective economic decisions
5. Implementation of the budgeting process and financial performance measurement
6. Measurement of the global performance

Keywords

Financial accounting, managerial accounting, management control, performance control

Learning Outcomes

By the end of the course, the student must be able to:

• Explain major accounting concepts
• Analyze the financial statements of a company
• Analyze accounting information to manage a project or a department
• Interpret major accounting documents
• Elaborate and manage a budget
• Estimate the performance of a project or a department

Transversal skills

• Communicate effectively with professionals from other disciplines.

Teaching methods

Lectures, discussions/case studies

Expected student activities

Class attendance, exercises and cases

Assessment methods

50% Case study

50% Final written exam (closed-book)

Resources

Virtual desktop infrastructure (VDI)

No

Bibliography

Weetman Pauline, Financial and Management Accounting. An Introduction, Fourth Edition, FT, Prentice Hall, 2006

Williams, Haka, Bettner, Financial and Managerial Accounting, 2005