Performance Management

The Performance Management course assumes that students have a fundamental proficiency in Financial and Managerial Accounting. This course examines the concepts and procedures underlying Performance Management in business and  how it can contribute to managerial decisions, control, and performance reporting. Topics include cost measurement and cost control; cost-volume-profit analysis; target and activity-based costing; tools for planning and control; master budgeting and responsibility accounting; variance analysis; management control systems; inventory costing, management, and capacity analysis; cost information for decision making; relevant information; pricing decisions; cost management; strategic profitability analysis; cost
   allocation and revenues; measurement and control of overhead costs. Lecturing will consist of theory and practical exercises whereby we will accordingly analyse cases and examples in class.
 Emphasis will be given on the development of problem-solving skills based on profound  understanding of the business environment.