Innhold

Course Description

Topics covered (Business Financial Analysis):

• The company as part of the economic system
• The role of the cost management

• Cost behavior
  • Variable and fixed costs
  • Direct and indirect costs
• Decision making
  • Product cost using absorption costing
  • Variable costing and breakeven analysis
  • Decisions using variable costing
  • Decision making relevant costing
  • Contribution calculations
  • Cost-volume-profit relationships / Margin of safety
  • Price elastics
  • Profit maximization using cost curves (per unit) based on tables of price/cost (no derivation)
    • Monopolism
    • Atomism
    • Two markets (monopolism+atomism) / price discrimination

Topics covered (Accounting):

• Structure of accounts, standard account framework and plan
• Bookkeeping
• VAT (value added tax), employer tax, tax deduction and tax payments
• General accounting principles (in Norway)
• Depreciation
• Other accruals and provisions
• General valuation rules for current and fixed assets

Vurderingsformer

Assessment Methods / Examination

One mandatory group project; pass/fail.
Final written exam, 5 hours.

Det tas forbehold om mindre justeringer i planen.