Responsibility | Prof. Dr. Ralf Dillerup |
Language | english/deutsch |
Credits / SWS
| 5 / 4
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Contact hours / Students workload | 50 / 150 hours
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Examinations mode | LR Continuous Assessment |
Learning outcomes | - advanced understanding of differences and specific approaches of managerial accounting
- understand the German approach of Controlling; apply key concepts of financial management with managerial focus
- understand and analyze financial statements under domestic and international accounting principles
- employ advanced methods of integrated financial accounting: integrated financial planning and control for budgeting on the operative and on the strategic level
- understand scenario management, forecasting methods and other means of implementing flexibility in financial and business planning
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Teaching methods | - A variety of learning strategies will be used in this class, including books, lectures and discussions, case studies, teamwork and presentations.
- Due to the limited time available, students must be prepared to read widely outside the subject.
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Course contents | - Elements and links between the disciplines of Financial Management
- Managerial Accounting and Controlling
- Elements and links between the Accounting Systems (Managerial Accounting, Financial Accounting and Financial Management)
- Performance Measurement & Financial Analysis
- Understanding Financial Statements, Taxes, and Cash Flows
- International Accounting Systems
- Capital Budgeting
- Value Based Management / shareholder value (EVA and CVA systems)
- Reporting
- Fully integrated financial planning and budgeting
- Scenario management, Sensitivity and Risk-Assessment
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Specialities | Contents and cases are closely coordinated with a real life case study. Most often the life case and representatives linked to the case are included in the course. |
Literature | - Dillerup, R./Stoi, R.: Unternehmensführung, 3. Aufl., München 2011
- Titman, S.; Keown, A; Martin, J.: Financial Management: Principles and Applications; International 11. Edition, 2011
- Reading/Activity: Selected chapters, case analyses, class notes, presentations.
- Additional material to be assigned as deemed necessary.
- Copies of the used transparencies will be provided to support the individual notes.
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