Accounting for Top Management

Universidad Carlos III de Madrid

Course Description

  • Course Name

    Accounting for Top Management

  • Host University

    Universidad Carlos III de Madrid

  • Location

    Madrid, Spain

  • Area of Study

    Accounting, Business, Business Administration, Business Management, Economics, Finance, Management Science

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • ECTS Credits

    6
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    Accounting for top management
    Bachelor in Business Administration
    Departamento de Economía de la Empresa
    Electives
    ECTS Credits : 6.0
    Semester : 2
    Course : 4

    STUDENTS ARE EXPECTED TO HAVE COMPLETED
    Accounting introduction
    Management accounting

    COMPETENCES AND SKILLS THAT WILL BE ACQUIRED AND LEARNING RESULTS. Key competences to acquire by students:
    1) Learning development on the main topics of accounting for top management.
    2) Technical skills.
    3) Solution and problems' detection skills.

    DESCRIPTION OF CONTENTS: PROGRAMME
    1: Planning and control Systems
    2: The controller
    3: Planning and budgetary control
    4: ABM and ABB
    5: Budgeting and responsibility accounting
    6: Transfer pricing
    7: Financial measures
    8: Strategy and balanced scorecard

    LEARNING ACTIVITIES AND METHODOLOGY
    Students, as future managers, will be trained in decision-making on accounting for top management.
    The methodology of teaching-learning as three components:
    1) Learning development through magisterial lectures.
    2) Technical skills development through exercises and cases solved by the student.
    3) Solution and problems' detection skills through the resolution of cases by the Harvard methodology.
    4) Tutorials: group and individual, to reinforce the learning (every week).

    ASSESSMENT SYSTEM
    The assesment system follows two main ideas:

    a) It must evaluate the student's knowledge level. For this reason, a maximum of four tests will be made (30% of the final grade).
    b) Moreover, it must evaluate the progress through the time in the acquisition of skill and attitudes. For that, the 70% of the final grade will be the evaluation of the participation on the exercises or cases in the classroom, as decided by the teacher.
    If a student is simultaneously enrolled in Contabilidad Directiva (doble grado), Control de Gestión (FICO), Accounting for Top Management (degree in law and Business Administration), Management Control (degree in Finance and accounting) his mark is 0.

    BASIC BIBLIOGRAPHY
    - HORNGREN, C.T. et al. (coordinated by Susana Gago and Manuel Nuñez) Management Control and
    managerial accounting, Pearson Educación, 2014

Course Disclaimer

Please note that there are no beginning level Spanish courses offered in this program.

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.