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Fundamentals of financial and management accounting

1CV10

About this course

The following topics will be covered in the course:

  • Financial Accounting topics:Double entry bookkeepingBalance sheet and Income statementAccounting conventions.
  • Management Accounting topics:Cost terms, concepts, classifications, and estimationCost behaviour and Cost-volume-profit analysisActivity-Based Costing and Activity-Based ManagementJob and order costing, influence of costing system on profitJoint products and process costingService department costingDecision making (short term, relevant costs)Decision making (long term, cost-cash relation)Profit planning and budgetingSegment reporting, decentralization, transfer pricing

Learning outcomes

  • Explain the relevant concepts related to financial accounting and cost management;
  • Report the financial position formally;
  • Implement various costing systems to obtain useful financial and cost-related information;
  • Differentiate the profit/cost results when different methods are applied;
  • Analyze the profit/cost information in business processes;
  • Evaluate the costs and benefits based on appropriate analysis and use them to make short-term and long-term decisions.

Required prior knowledge

You must meet the following requirements

  • Registered for a degree programme other than
  • HBO-TOP Applied Physics, Pre-Master

Link to more information

If anything remains unclear, please check the FAQ of TU Eindhoven.

Offering(s)

  • Start date

    3 February 2025

    • Ends
      6 April 2025
    • Term *
      Block 3
    • Location
      Eindhoven
    • Instruction language
      English
    • Register between
      15 Nov, 00:00 - 5 Jan 2025
    Enrolment starts in 123 days
These offerings are valid for students of Utrecht University