634-0804/01 – Enterprise Controlling (PC)
| Gurantor department | Department of Economics and Management in Industry | Credits | 4 |
| Subject guarantor | Ing. Josef Kutáč, Ph.D. | Subject version guarantor | Ing. Josef Kutáč, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 1 | Semester | summer |
| | Study language | Czech |
| Year of introduction | 1999/2000 | Year of cancellation | 2015/2016 |
| Intended for the faculties | FMT | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
Students will be able to define following terms: functions, objectives and tasks of controlling, strategic and operational controlling, cost controlling, financial controlling, production controlling, management accounting, calculation costs, business plans, break-even point, Activity Based Costing, budget, plan, result and price calculation, ABC costing, Target-costing, calculated plan of variable costs, the effect of production volume, the effect of warehouses, the effect of price, the effect of specific consumption, etc.
Students Skills:
- Comprehensive knowledge of the controlling terms defined in terms of specific
practical examples,
- Definition and creation of business plans, budgets and calculations,
- Analysis of differences between plan and reality, using adjusted plan of variable
costs,
- Defining of the break-even point in real economic-production situations.
Teaching methods
Lectures
Tutorials
Summary
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.
Compulsory literature:
[1] Taylor, J.C. Project Scheduling and Cost Control: Planning, Monitoring
and Controlling the Baseline. J. Ross Publishing, Inc. Florida, 2008.
pg. 289
[2] Reichmann, T. Controlling: concepts of management control,
controllership, and ratios. Springer, 1997, pg. 338
Recommended literature:
[1] Charles T. Horngren, Srikant M. Datar, George Foster. ,Cost accounting:
a managerial emphasis. Pearson Prentice Hall, 2006, pg. 868
[2] Drury, C. Management and Cost Accounting, G. Canale and C., Italiy
2008, pg. 774
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
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Prerequisities
Co-requisities
Subject has no co-requisities.
Subject syllabus:
- Historical development of controlling
- Functions, goals and tasks of controlling
- Types of controlling
- Controller and his organizational integration
- Managerial accounting as an information base of controlling
- Classification of costs
- Break-Even point
- Calculating interest, rent, depreciation, and risks
- Corporate planning and business plans
- Budgeting
- Calculations of costing
- Analysis of the facts by means of variations and effects on earnings
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction