Management Accounting
BackThe Management Accounting and Control course provides insights into some of the key techniques and practices that managers use for planning and forecasting business activity, for facilitating decision-making, and for evaluating the performance of organisational units. Information on costs is a particularly important part of the data provided by management accounting and control systems. Accordingly, one focus of this course is on different techniques of cost accounting.
However, managers also use various other types of financial and non-financial information to inform their decisions and actions. Such information is provided, for example, through budgeting systems, balanced scorecards, or transfer pricing systems. Importantly, accounting systems have to be understood not only in terms of their technical functioning, but also with respect to their relationship to the organisational context in which they are embedded.
Accounting systems may not only be used to enable economically sensible decision-making, but may also serve as rationalisation devices for decisions already made, or as ammunition in political power struggles between organisational actors. Part of the objective of the course is to sensitise students to the different uses which accounting information may be assigned to.
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Chesley Hines
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"The Management Accounting and Control course clearly showed shift in the course work between Core Phase 1 theory and Core Phase 2 application. In this course, we learned tools and methods to analyze company data and to align the interest of different stakeholders with the overall interest of the company. These lessons will be readily applied after the MBA when designing compensation schemes, measuring performance, and determining internal transfer pricing." Chesley Hines, Full-time MBA 2011 |
| "This is a highly interactive and enjoyable class with a bit of theory and a lot of practical cases to understand the concepts hands-on. The class is completed by a project for a company of the student’s choosing, with a lot of latitude as to which topic to cover. A wide array of concepts is presented in an easy to understand manner, and provides students with very useful tools that are used at some degree in all professional fields." Aurélie Cambier, Part-time MBA, 2011 |
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Aurelie Cambier
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Fancisco Millar Alfero
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"Combining the main concepts of management accounting and control systems with its application in real cases, Professor Messner provides us with the key tools to meet the decision-making needs within a company, to support its corporate strategy and to evaluate the performance of its business units. One of the main core courses in the MBA, Management Accounting and Control will grant you a better understanding of the decisions made inside a company and how to continually re-evaluate internal performance." Francisco Millar-Alfero, Full-time MBA 2011 |
| "Professor Messner's course was very well organized and easy to follow. Many of us didn't understand the complexity of Management Accounting, however, he managed to make the applicability of the subject clear and relevant. I'm certain that those of us already in or eventually moving into management positions will quickly discover the usefulness of the course contents." Jim Gallagher, Part-time MBA, 2011 |
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Jim Gallagher
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Messner Martin
Assistant ProfessorAccounting and Control
Lamy Alexandre
Affiliate ProfessorAccounting and Control
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