| Course Unit Code | 634-3018/01 |
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| Number of ECTS Credits Allocated | 5 ECTS credits |
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| Type of Course Unit * | Compulsory |
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| Level of Course Unit * | Second Cycle |
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| Year of Study * | First Year |
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| Semester when the Course Unit is delivered | Summer Semester |
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| Mode of Delivery | Face-to-face |
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| Language of Instruction | Czech |
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| Prerequisites and Co-Requisites | Course succeeds to compulsory courses of previous semester |
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| Name of Lecturer(s) | Personal ID | Name |
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| JAN48 | prof. Ing. Kamila Janovská, Ph.D. |
| KUT064 | Ing. Josef Kutáč, Ph.D. |
| MYN07 | Ing. Martin Mynář, CSc. |
| Summary |
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| The objective of this course is, based on the knowledge gained in previous courses, to present a comprehensive approach to solving business tasks of controlling. The content of this course is, in terms of the economic governance concept, to create partial business plans, budgeting, calculations and evaluation of achieved situation by means of effect of production volume, composition, price and specific consumption rates on profit. |
| Learning Outcomes of the Course Unit |
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Student will be able to:
- Define functions, goals and role of controlling
- Describe function of controller and his/her organizational integration
- Characterize strategic and operational controlling
- Define cost, financial and production controlling
- Classify costs at management accounting and calculation costs
- Calculate break-even point within real economic-production conditions
- Clarify the content and the coherence of individual business plans.
-Define a methodology for compiling a cost-benefit budget and calculating a recalculated variable cost and revenue plan
- Calculate product calculations in repeated and custom production
-Practice the principle of allocation of overhead costs.
-Explain the methodology of real cost analysis by variations in the quantity and composition of production, specific consumption and prices.
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| Course Contents |
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1. Historical development of controlling. Controlling as a subsystem of enterprise management, functions, goals, and controlling tasks
2. Controller and its organizational integration.
3. Types of controlling. Cost, financial, investment, production controlling, purchasing controlling and inventory, sales controlling and marketing.
4. Managerial accounting as an information base for controlling.
5. Costs of managerial accounting, calculating interest, rent and depreciation, cost breakdown, break-even point.
6. Planning in a production company. Planning process. Strategic, tactical and operational planning. Types and continuity of operational plans in the manufacturing enterprise.
7. Methodology of compiling cost and revenue budgets in companies with repeated and customized production.
8. The specifics of the repeat, custom, and combined production system. Calculation as an important tool for controlling. Methodology of calculating plan, price and resultant calculations of repeated and custom production.
9. Allocation of overhead costs. Possibilities of using the ABC (Activity Based Costing) method for the allocation of overhead costs in production companies.
10. Actual cost analysis by means of variations in quantity, composition, specific consumption and prices in manufacturing plants.
11. The recalculated (flexible) variable cost and revenue budget as an important tool for analysing these costs and returns in re-manufacturing companies.
12. Compilation of cost and income budgets and enumeration of calculations within the Bucad learning information system.
13. Case study – Enumeration calculations using the Activity Based Costing method in a metallurgical company.
14. Case study - Use of calculation depreciations in the processing of price calculations of metallurgical products.
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| Recommended or Required Reading |
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| Required Reading: |
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LUCEY, T. Costing. 7th ed. Andover: South-Western Cengage Learning, c2009. ISBN 978-1-84480-943-1.
ARRISON, R., H., E., W. NOREEN a P., C. BREWER. Managerial accounting. 14th ed. New York: McGraw-Hill/Irwin, c2012. ISBN 978-0-07-811100-6. |
POPESKO, B. a Š. PAPADAKI. Moderní metody řízení nákladů: jak dosáhnout efektivního vynakládání nákladů a jejich snížení. 2., aktualizované a rozšířené vydání. Praha: Grada Publishing, 2016. ISBN 978-80-247-5773-5.
LAZAR, J. Manažerské účetnictví a controlling. Praha: Grada Publishing, 2012. ISBN 978-80-247-4133-8.
ŠOLJAKOVÁ, L. a B. KRÁL. Manažerské účetnictví: případové studie a příklady. 3., přeprac. vyd. V Praze: Oeconomica, 2011. ISBN 978-80-245-1798-8.
TEPLICKÁ, K. Procesný pohľad na náklady podniku a ich vplyv na efektívnosť: vedecká monografia. Ostrava: VŠB - Technická univerzita Ostrava, 2015. ISBN 978-80-248-3697-3.
ARRISON, R., H., E., W. NOREEN a P., C. BREWER. Managerial accounting. 14th ed. New York: McGraw-Hill/Irwin, c2012. ISBN 978-0-07-811100-6. |
| Recommended Reading: |
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| BRAGG, S. M. Controller's guide to planning and controlling operations. Hoboken: Wiley, c2004. ISBN 0-471-57680-8. |
ŠTEKER, K. a M. OTRUSINOVÁ. Jak číst účetní výkazy: základy českého účetnictví a výkaznictví. 2., aktualizované a rozšířené vydání. Praha: Grada Publishing, 2016. ISBN 978-80-271-0048-4.
ŽIŽLAVSKÝ, O. Controlling. Brno: Akademické nakladatelství Cerm, 2014. 111 s. ISBN 978-80-214-4857-5.
studijní opory Podnikový controlling: https://www.fmmi.vsb.cz/cs/katedry-a-pracoviste/634/vyukove-opory-katedry/index.html |
| Planned learning activities and teaching methods |
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| Lectures, Tutorials, Project work |
| Assesment methods and criteria |
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| Task Title | Task Type | Maximum Number of Points
(Act. for Subtasks) | Minimum Number of Points for Task Passing |
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| Credit and Examination | Credit and Examination | 100 (100) | 51 |
| Credit | Credit | 30 | 20 |
| Examination | Examination | 70 | 31 |