Syllabus overview (public)

Programme	Master in Management
Academic Year	Academic Year 2022/2023
Module/course Code	AF05
Delivery location	Paris, Torino
Language	English
Course type	Prerequisite courses
Contact hours	15
Level	5 (year post baccalaureate)
Semester	Fall
Module name	COSTING AND DECISION MAKING
Field (Discipline)	Accounting
Academic Department	Management Control

Outline

Module/course Summary

Costs analysis provides key information when it comes to making a decision, i.e to sacrifice opportunities in order to follow a certain course of action and take advantage of other opportunities.

Costs are easily mixed-up with price and they are part of the common vocabulary. At the same time, the notion of cost, an economic and social construction, is complex to handle.

The course will be an introduction to the core concepts and vocabulary of cost accounting. The course will be an introduction to the core concepts and vocabulary of Management Accounting. It will present the design of a managerial accounting systems, insisting on the assumptions and limitations of any cost calculation.