ACC 403: Management and Cost Accounting


  • Cost Terms and Purposes
  • Job Costing
  • Cost Allocation
  • Cost-Volume-Profit Analysis
  • Activity-Based Costing
  • Cost Behavior
  • Process Costing
  • Using Cost Accounting for Managerial Decision-Making

Learning outcomes
This module provides students with an introduction to cost accounting and its role in management accounting. Upon completion of this module students will be able to explain the nature of costs, record costs, apply different techniques of cost compilation and evaluate cost control procedures. Students will learn how to solve cost accounting tasks in business practice and how cost behavior affects the provision of information for performance evaluation and managerial decision making.

Necessary prerequisites
semester 6 or higher

Recommended prerequisites

Forms of teaching and learningContact hoursIndependent study time
Lecture2 SWS4 SWS
Exercise class2 SWS4 SWS
Tutorial2 SWS3 SWS
ECTS credits6
Graded yes
Form of assessmentWritten exam (90 min)
Restricted admissionno
Further information
Performing lecturer
Prof. Dr. Jannis Bischof
Prof. Dr. Jannis Bischof
Frequency of offeringSpring semester
Duration of module 1 semester
Range of applicationB.Sc. BWL
Preliminary course workCase study presentations (in groups)
Program-specific Competency GoalsCG 1, CG 2
LiteratureBhimani, A., C.T. Horngren, S.M. Datar and M.V. Rajan (2018): Management and Cost Accounting, 7th edition, Harlow / UK: Pearson Education. ISBN: 978-1-292-23266-9 (print), 978-1-292-23268-3 (electronic).
Course outlineIntroduction: Cost Terminology and Cost Structure
Cost Accumulation
Costing Systems: Job Costing vs. Process Costing
Costing Systems: Joint Costing
Costing Systems: Activity-Based Costing Cost Centers
Performance Measurement
Performance Analysis: KPIs and Ratio Analysis
Performance Analysis: Cost-Volume-Profit Relations­hips
Cost Planning and Decision Making