Managerial Αccounting

Course outline


General Information:


School: Economics & Social Sciences

Department: Business Administration

Level of Studies: Undergraduate

Course code: 303

Semester: C

Course title: Managerial Accounting


Weekly teaching hours: 4

Type of course: mandatory/general background

Prerequisite courses: No

Language of instruction and exams: Greek

The course is offered to Erasmus students: No

Course URL: —

Learning outcomes:

Upon the successful completion of the course, students will be able to:

-     know the basic costing concepts and problems

-     distinguish between the different categories of costs

-     know the basic costing methods

-     apply costing in practice in cases of mass or customized production

-     draw up budgets

-     make cost-based management decisions.

General Skills:

-     Search, analysis and synthesis of data and information, using the necessary technologies

-     Adaptation to new situations

-     Decision making

-     Autonomous work

-     Teamwork

-     Work in an international environment

-     Work in an interdisciplinary environment

-     Generating new research ideas

-     Project planning and management

-     Respect for diversity and multiculturalism

-     Respect for the natural environment

-     Demonstration of social, professional and ethical responsibility and sensitivity to gender issues

-     Development of criticism and self-criticism

-     Promotion of free, creative and inductive thinking

-     Other skills

Moreover, the course aims to develop the following general skills:

-     Critical ability and self-criticism

-     Ability to cooperate

-     Interpersonal skills

-     Search data using the necessary technologies

The course aims to:

-     Adaptation to new situations due to changes in the prices of raw materials or the production method

-     Making decisions based on the change in production costs

-     Work autonomously with problem solving

-     Teamwork regarding the selection and adoption of appropriate costing methods in each case


Course Content:

-     Financial and Management Accounting Differences,

-     Concept of insider information,

-     Basic concepts and cost distinctions,

-     Custom and continuous production costing,

-     By-products,

-     Costing techniques (Full, Marginal, Standard, by function and product, reverse),

-     Budgets and control methods, Preparation of cash budget, Static and flexible budgets,

-     Investment budget,

-     Cost, profit volume relationships,

-     Cost-based management decisions.

Teaching & Learning Methods - Evaluation

-     Method of delivery: face-to-face

-     Use of information and communication technologies: Use of information and communication technologies in teaching, laboratory education, communication with students. Electronic communication with students, learning-process support through the “e-class” online platform.

Activities & Semester Workload

Lectures: 13

Laboratory practice: 26

Study of references: 40

Submission of assignments: 40

Exam preparation: 40

Final exams: 2

Total: 161


Evaluation of students:

Written final exam (100%) on theory and exercises.

Recommended bibliography:

Βενιέρης, Γ., Κοέν, Σ. και Κωλέτση, Μ. (2005), «Λογιστική κόστους – αρχές και εφαρμογές»,Εκδόσεις Ιωαννίδου Π.

Αληφαντής,  Γ. (2014), «Αναλυτική λογιστική και λογιστική υποκαταστημάτων», Εκδόσεις Διπλογραφία.

Παπαδέας, Π. (2015), «Διοικητική Λογιστική: έλεγχος αποτελεσματικότητας και λήψη αποφάσεων», Εκδόσεις ΣΕΑΒ, ΚΑΛΛΙΠΟΣ.

Κεχράς, Γ. (2011), Κοστολόγηση, Εκδόσεις Νομική Βιβλιοθήκη.