COURSE INFORMATION Course Title: MANAGERIAL ACCOUNTING

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BUS 336	B	6	3	0	0	3	6

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Alba Kruja , Monday 13:30-14:30
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	E 214 Wednesday 08:45-11:15
Course Description:	Decision making implications of information provided by accounting theory; contemporary problems in reporting of financial statements; presentation format of financial statements as required by the ministry of Finance in Albania, analysis and interpretation of items appearing on the financial statements; methods of financial statement analysis; assigning a project for the analysis of the financial statements of a real Albania company.
Course Objectives:	Managerial Accounting is a sub-area of accounting concerned with information needed to effectively plan and control company operations and make good business decisions. Managerial accounting encompasses the whole organization, from developing strategy to day-to-day planning, marketing to sales, financing to operations. Each business-related discipline is involved: management, marketing, systems, economics, finance, and, of course, accounting. The course will be focused on profit planning, flexible budgets, capital budgeting, product pricing, performance measures and differential analysis

COURSE OUTLINE

Week	Topics
1	An Overview of Managerial Accounting Course
2	Pricing
3	Pricing
4	Profit Planning
5	Preparing Master Budgets
6	Flexible Budgets and Performance Reports
7	Review before midterm exam
8	Midterm Exam
9	Standard Costs
10	Variance Analysis and Responsibility Accounting
11	Decentralization and Investment Center Performance
12	Relevant Costs for Decision Making
13	Incremental Analysis
14	Review Before Final Exam

Prerequisite(s):	NA
Textbook:	Brewer, Garrison, Noreen. Introduction to Managerial Accounting. Global Edition 6th Edition. McGraw-Hill Irvin Weygandt, Kiemmel, Kieso, Managerial Accounting, 6th edition, Wiley international edition
Other References:	NA
Laboratory Work:	NA
Computer Usage:	NA
Others:	No

COURSE LEARNING OUTCOMES

1	Gain an introduction to accounting techniques used by internal management to aid in planning, directing, controlling, and decision-making activities.
2	Use accounting data to identify and analyze alternatives with the purpose of making managerial choices to maximize economic benefits to a firm.
3	Develop technical skills used in problem-solving and analysis, such as measuring production process costs, budgeting, performance reporting, and efficient allocation of a firm's resources.
4	Gain experience with computerized spreadsheets and other electronic tools used in business problem-solving, budgeting, and financial analysis.
5	Obtain a working background with accounting tools as a foundation for further study in management, accounting, and other business discipline.

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Banking and Finance (3 years) Program
1	The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way.	5
2	They have knowledge about the finance and banking.	4
3	They have knowledge about the money and banking.	4
4	They have knowledge about the international finance and banking.	2
5	They have ability to use mathematical and statistical methods in banking and finance.	3
6	They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department.	2
7	They have necessary banking and finance skills that needed in private and public sector.	2
8	They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking.	1
9	They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance.	2
10	They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics.	3

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	35
Final Exam	1	50
Other	1	15
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	4	64
Mid-terms	12	1	12
Assignments			0
Final examination	17	1	17
Other	1	9	9
Total Work Load:			150
Total Work Load/25(h):			6
ECTS Credit of the Course:			6