ØARR4300 Public accounting Course description

Management control is essential in all organizations. Inappropriate management control systems can result in underperformance, large financial losses, damaged reputation, and bankruptcy. This course focuses on how management control systems should be designed to achieve value creation in decentralized organizations. Based on economic, psychological, and sociological perspectives on human behavior in organizations, the various forms of responsibility centers, transfer pricing approaches, budgeting processes, performance measures, and incentive systems are discussed aiming to foster holistic understanding of the mechanisms that different management levels can use to stimulate effort and focus on value creation for the stakeholders in line with the organization’s strategy.

Students who have the subject ØABED3400 Management Control Systems in their bachelor's degree are not allowed to take this course.

Ingen forkunnskapskrav.

None.

The assessment comprises a written project assignment and a portfolio. Students will write an assignment dealing with theories and issues covered in the course. The scope of the assignment is 20 pages, excluding appendices, in Arial eller Calibri 12-point font with a line spacing of 1.5 cm. The assignment counts for 60% of the grade awarded for the course and can be written individually or in groups of up to three students.; Students will start the assignment at the beginning of the semester and submit it after the teaching sessions for the course have concluded.

The portfolio counts for 40% of the grade and comprises participation, up to three presentations (lasting no more than 25 minutes each) and the submission of two written assignments with a total scope of maximum ten pages in Arial eller Calibri 12-point font with a line spacing of 1.5. The topics of the presentations will be scholarly articles, cases or relevant issues relating to the syllabus. When teaching in the course starts, the lecturer will provide more information about the criteria that apply in the portfolio assessment, including the participation criterion.

The students must have passed the portfolio in order to submit the project assignment. Pass grades must be awarded both for the project assignment and for the portfolio in order for a student to pass the course.

If a student has to resit the exam, he/she can retake each part separately. It is not necessary to take both parts.

All reference aids are allowed as long as the rules for source references are followed.

A grade scale with grades from A to E for pass and F for fail is used.

The written project assignment is graded by one external and one internal examiner, while the portfolio is only graded by an internal examiner.

Fred Strønen

Grading scale A;to F.

Einar Belsom