Management accounting
EMIB / Executive Master in International Business
JavierSánchezVerdasco
Javier Sánchez Verdasco
Finance
Doctor in Corporate Finance - UCM
Certificate in International Economics – London School Economics
Associate ProfessorMadrid Campus
Course Objectives
Management accounting
- To know the differences between Financial and Managerial Accounting
- To define the equation that relates cost and number of units
- To calculate the break-even as the first tool to assess the feasibility of a project or company
- To use the operating leverage as a measure of risk in a project or company
- To calculate the manufacturing costs using the process costing system
- To understand the difference between fixed and variable costs
- To estimate the fixed and variable costs using the three common approaches: Account analysis, High-low method and Scattergraph- Regression analysis.
- To compute the operating leverage
- To determine the manufacturing costs using the job costing system
Course Contents
Management accounting
- Financial Statement concepts for Management Accounting
- Managerial accounting. Cost behaviour
- Break-even and Operating Leverage
- Tracking Production Costs
Course Credits
Management accounting
30
HOURS OF WORKLOAD