Cost defintion, type of costs (fix and variable, costs atributtable to one unity and costs attributable to several unities, material costs, personell costs, regular depreciation, interest rates, risks. Full cost accounting, Marginal accounting, internal cost allocation: divisional allocation (simple and gradual), surcharge calculation, and others. Income recognition: Gross margin, different forms of gross margin calculations calculations for decision making: opportunity costs, programme planning, pricing (bottom and top limits), Break-even-analysis, procedure comparison; Strategic and operative controlling: Requirements and profile of a controller.
Work Design & HR Management (Bachelor)
Language of instruction
The focus is on providing a comprehensive understanding of internal accounting. Students are be able to explain the tasks and role of internal accounting as well as its intruments. In addition they are able to apply their knowledge on practical examples.