AF 3116View Syllabus

Management Accounting

Using accounting information to evaluate performance, guide planning, and strengthen business decision making.

Course Overview

The financial lens for managerial decision making.

AF3116 explored how managers use accounting information to make operational and strategic decisions. Rather than focusing on external financial reporting, the course emphasized internal decision support through cost analysis, budgeting, profitability evaluation, and performance measurement.

Major topics included Cost-Volume-Profit (CVP) analysis, break-even analysis, relevant cost decision making, transfer pricing, budgetary planning and control, responsibility accounting, and cost behavior analysis. Through applied business scenarios and quantitative exercises, I learned how accounting data supports planning, resource allocation, and long-term organizational performance.

Skills Learned

Core competencies from this course.

Cost-Volume-Profit Analysis
Break-Even Analysis
Budgetary Planning
Variance Analysis
Relevant Cost Analysis
Transfer Pricing
Responsibility Accounting
Managerial Decision Making

Major Coursework

Applied analysis through real business cases.

Decision Analysis

Management Accounting Decision Analysis

Throughout the course, I analyzed business scenarios involving pricing decisions, production planning, budgeting, and profitability assessment. Using managerial accounting techniques, I evaluated cost structures, identified relevant financial information, and developed recommendations designed to improve organizational performance.

Case exercises required interpreting financial data, performing break-even and contribution margin analysis, evaluating alternative courses of action, and assessing how managerial decisions affect profitability and resource allocation.

Key Metrics

8

Core Topics

2

Exams

15

ECTS Credits

3

US Credits

Key Concepts

Managerial accounting frameworks.

Cost-Volume-Profit Analysis

Understanding how sales volume, costs, and pricing interact to affect profitability.

Break-Even Analysis

Determining the sales level required to cover costs and begin generating profit.

Relevant Cost Decision Making

Identifying which costs matter when evaluating alternative business decisions.

Budgetary Control

Using budgets and variance analysis to monitor performance and support planning.

Artifacts

Course deliverables and outputs.

Case Study Exercises
Budget Analysis
Cost Planning Models

Key Takeaways

What I carried forward from this course.

1

Accounting supports strategy, not just reporting.

Managerial accounting provides information that helps leaders make better operational and long-term decisions.

2

Not all costs matter equally.

Relevant cost analysis showed how decision quality depends on identifying information that actually changes outcomes.

3

Budgets are management tools.

Budgeting and variance analysis provide a framework for planning, monitoring performance, and adapting strategy.