Management Control Systems (Accounting – Managerial 301)

Learning Outcomes

Upon completion of this course, students are expected to be able to identify and justify an appropriate method of transfer pricing; evaluate and report a business’s financial and non-financial performance; identify, evaluate and justify compensation methods; and identify, evaluate and justify pricing methods for a given product.

Topics

This course provides students with the necessary techniques to develop effective performance measurement and control systems, as well as the analytical skills to understand the behavioral implications of such systems. Also, it presents management control systems – strategic planning, budgeting, performance measurement and incentives, and costs of centralization and decentralization using transfer pricing and compensation.

Prerequisite : AC319 – Cost Accounting