The Students

• can describe the objectives and purpose of cost accounting.
  

• are able to explain the basic terms and concepts of cost accounting.
  

• describe the relationship between the various accounting parameters.
  

• name cost types, classify them and give examples for each category.
  

• apply various cost allocation methods to cost centers and are able to interpret the results.
  

• work out the relationship between cost center and cost unit accounting and can apply different cost unit accounting methods.
  

• can explain the purpose and methods of decision-oriented cost accounting.
  

• apply selected instruments of partial cost accounting and assess the results.
  

• evaluate different decision alternatives, taking cost aspects into account.
  

• assess the impact of digitalization on cost accounting.
  

none

• Basics of cost accounting systems, relationship between expenses and costs
  

• Cost type accounting (material costs, personnel costs, calculated costs)
  

• Cost center accounting incl. allocation procedure
  

• Cost unit accounting
  

• Decision-oriented cost accounting I & II
  

• Current topics and new developments in cost accounting
  

Benz, C. (2016) Touristikostenrechnung, 2nd edition, Wiesbaden: Springer Gabler.

Bogensberger, S., Messner, S., Zihr, G., Zihr, M. (2020): Kostenrechnung, 9th edition, Vienna: grelldenk.

Eisl, C., Hofer, P., Losbichler, H. (2019): Fundamentals of corporate financial management. Volume IV, 4th edition, Vienna: Linde.

Egger, A. / Winterheller, M. (2007): Kurzfristige Unternehmensplanung, 14th edition, Vienna: Linde.

Kemmetmüller, W., Bogensberger, S. (2004): Handbuch der Kostenrechnung, Vienna: Facultas.

Mussnig, W. et al (2021): Controlling für Führungskräfte, 4th edition, Vienna: Linde.

Lecture; interactive development of content and exercises in the form of individual and group work; discussion.

Cumulative module grade: The individual course grade of ILV "Cost Accounting" is incorporated into the overall module grade and is weighted in accordance with its assigned ECTS-Credits.
ILV "Cost Accounting" - 3 ECTS Credits
Assessment type: final assessment
Assessment method/s: written examination