1) Management accounting: basic variables of economic management, financial
accounting, management accounting, and cost accounting
2) Costs and cost terminology, cost classification (direct costs, indirect
costs, overhead costs, variable costs, fixed costs)
3) Methods for estimation of fixed and variable costs. Cost, volume, and
profit analysis
4) Forms of cost accounting system, the definition of the subject of
costing, the principle of areas of responsibility, the principle of the
place and cause of the occurrence of costs
5) Cost allocation. Allocation of direct and overhead costs, under-
allocated and overallocated costs, inventory costing, and capacity
analysis
6) Absorption and variable costing, their main characteristics, and the
reasons for their use
7) Activity-Based Costing system and Activity Based Management,
implementing Activity -Based Costing
8) Target costing, life cycle costing
9) Budgeting: aim of budgeting, source of information, forms of budgets,
master budget, and responsibility accounting
10) Budgeting: capital budgeting and cost analysis, control of the
implementation of budgets, flexible budgets
11) Standard costing: the essence of the method, determination of standards,
analysis of variance, direct-cost variances and management control,
overhead cost variance and management control, the impact of it on
changes in budgeting
12) Decision-making and relevant costs, opportunity costs and outsourcing,
the irrelevance of past costs, decisions, and performance evaluation
13) Performance measurement- financial and nonfinancial performance
measures, accounting-based measures for business units, target levels of
performance and feedback
accounting, management accounting, and cost accounting
2) Costs and cost terminology, cost classification (direct costs, indirect
costs, overhead costs, variable costs, fixed costs)
3) Methods for estimation of fixed and variable costs. Cost, volume, and
profit analysis
4) Forms of cost accounting system, the definition of the subject of
costing, the principle of areas of responsibility, the principle of the
place and cause of the occurrence of costs
5) Cost allocation. Allocation of direct and overhead costs, under-
allocated and overallocated costs, inventory costing, and capacity
analysis
6) Absorption and variable costing, their main characteristics, and the
reasons for their use
7) Activity-Based Costing system and Activity Based Management,
implementing Activity -Based Costing
8) Target costing, life cycle costing
9) Budgeting: aim of budgeting, source of information, forms of budgets,
master budget, and responsibility accounting
10) Budgeting: capital budgeting and cost analysis, control of the
implementation of budgets, flexible budgets
11) Standard costing: the essence of the method, determination of standards,
analysis of variance, direct-cost variances and management control,
overhead cost variance and management control, the impact of it on
changes in budgeting
12) Decision-making and relevant costs, opportunity costs and outsourcing,
the irrelevance of past costs, decisions, and performance evaluation
13) Performance measurement- financial and nonfinancial performance
measures, accounting-based measures for business units, target levels of
performance and feedback