Course detail

Managerial Accounting

FAST-CV020Acad. year: 2020/2021

Budgets and budgeting. Methods of making and control budgets. Reporting as a source of information for decision making. Responsibility accounting.


Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Knowledge in the field of control of budget execution, creation of reports, understand the possibilities and the importance of standard cost method from point of view of the manager.


Not applicable.


Not applicable.

Recommended optional programme components

Not applicable.

Recommended or required reading

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Language of instruction


Work placements

Not applicable.

Course curriculum

1. Costs and managerial accounting and their development
2. Usage of costing calculations in management
3. Influence of a type of business activity on costs accounting
4. Fundamental analysis
5.-6. Budgets (basic terminology, long-term, short-term and overhead cost budgets)
7.-8. Standard costs method (basic terminology, standard costs method applied in series production, single-part production the assembly-line, the piece, the homogeneous and the joint manufacture production, using of standard costs method for overhead costs)
9. Responsibility accounting
10.-11. Decision-making tasks not requiring funding instruments
12.-13. Decision-making tasks requiring funding instruments


Understanding the difference between financial, managerial and internal accounting.

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Classification of course in study plans

  • Programme N-P-C-SI (N) Master's

    branch N , 1. year of study, winter semester, 4 credits, compulsory

  • Programme N-K-C-SI (N) Master's

    branch N , 1. year of study, winter semester, 4 credits, compulsory

Type of course unit



26 hours, optionally

Teacher / Lecturer


26 hours, compulsory

Teacher / Lecturer