Cost Accounting and Controlling

1. Strategic vs operative controlling (SWOT, balanced score card, portfolio analysis etc) 2. An overview of cost accounting (systems, terminology, goals etc) 3. Cost theory (cost behaviour pattern, remanent costs etc) and resolution costs 4. Cost type accounting 5. Cost centre accounting (incl. internal cost allocation) 6. Cost unit accounting (incl. Calculation methods) and cost unit performance accounting 7. Accruals performance accounting (aggregate cost vs. Cost of sales method, full vs part-cost accounting, break even analysis etc) 8. Cost accounting and investment (gap theorem) 9. Decision process (programme planning, lowest and highest price limits, make or buy etc) 10. Budgeting (projected balance sheet, projected income statement, financial plan) 11. Planned cost accounting und analysis of cost divergence 12. Applications and case studies drawn from professional field related experience 13. An overview of cost management (e.g. activity based accounting, benchmarking, life cycle analysis)

Mode of delivery

face to face



Recommended or required reading and other learning resources/tools

Wala, Thomas, et al. (2010):Kostenrechnung, Budgetierung und Kostenmanagement

Planned learning activities and teaching methods

Presentation, reflection, discussion

Assessment methods and criteria

continuous assessment

Prerequisites and co-requisites

Financial Accounting


Degree programme

Logistics & Transport Management (Bachelor)



ECTS Credits


Language of instruction




Academic year



3 WS



Learning outcome

On the completion of the module, the students will be in the position to recall the diverse forms of financing, and to outline each of their advantages and disadvantages. In addition students will be able to evaluate, by means of dynamic investment appraisal methods (within the framework of case studies), the application of financial resources in investment projects. Furthermore, they will be capable of defining, in the context of a case study, the basic terms of cost accounting and financial controlling and applying their instruments, which prepares them for decision making in an enterprise. This is besides being able to contribute to the creation of an integrated corporate budget (projected balance sheet, projected income statement, financial planning etc).

Course code