University College Ghent
Geraard de Duivelstraat 5 - 9000 Ghent - Belgium
Phone: 09 243 33 33 - E-mail:
Management Accounting (English language)34189/4701/2122/1/29
Study guide

Management Accounting (English language)

Academic year 2021-22
Is found in:
  • International Curriculum Business, Retail and Languages, programme stage 2
This is a single course unit.
Study load: 6 credits
Weight: 6,00
Total study time: 150,00 hours
It is not possible to enrol in this course unit under
  • exam contract (to obtain a credit).
  • exam contract (to obtain a degree).
Special admission is required to enrol in this course unit under credit contract.
Co-ordinator: De Wilde Jacob
Languages: English
Scheduled for: Semester 1 or Semester 2

Final objectives

can develop and implement a financial policy and can take and advise short and long term appropriate financial decisions


After completing this chapter, the student should be able to:

  • Understand how cost management supports strategic planning and decision making
  • Understand and explain the different concepts and measurements of costs
  • Use and interpret different cost estimation methods
  • Understand and apply the steps used in an activity-based costing system
  • Design financial models to match strategic and short-term operational decisions
  • Understand the use of job-order costing and apply it
  • Understand the use of joint product and process cost system
  • Explain the importance of managing support service costs and how to allocate support service department costs using different methods
  • Explain the importance of cost variance analysis and apply it
  • Explain the purpose and role of transfer pricing and base a transfer price on different techniques


  1. Cost Management and Strategic Decision Making
  2. Product Costing Concepts and Systems
  3. Cost Estimation
  4. Activity-based Costing Systems
  5. Cost Management and Short-term Decision Making
  6. Joint Product and Process Cost System
  7. Job and Order Costing
  8. Managing and Allocating Support Service Costs
  9. Analysis and Management of Cost Variances
  10. Transfer Pricing

Organisation of education

Contactonderwijs60,00 hours

Teaching methods

  • Practice session
    Additional information: guided excercises
  • Activating lecture

Study guidance

Individual learning problems can always be reported to the lecturer.
Formative feedback


Evaluation(s) for first exam chance
Inside Regular exam scheduleWritten examination100,00
Evaluation(s) for re-sit exam
Inside Regular exam scheduleWritten examination100,00
This course unit is marked out of 20 (rounded to an integer).
Re-sit exam: is possible.

Study materials

1. Mandatory books
Cost Management. Strategies for Business Decisions.Mandatory
  • Author: M. Wouters, F. Selto, M. Maher & R. Hilton
  • Edition: laatste versie
  • ISBN-nr: 978-00-771-3239-2


The faculty's Teaching and Examination Regulations (FOER) contain the agreements on continuity that apply to this course unit.
Please consult the continuity table in the faculty regulations.
Possible deadlines for learning account: 01.12.2021 () or 15.03.2022 ()