mgehc2108  2019-2020  Charleroi

Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
6 credits
30.0 h
Danaux Géraldine;
PRE FR2 GEHD1321 - Comptabilité et diagnostic financier
Main themes
FR THEME 2 1. Define management accounting, its aims and its connection to general accounting;
2. Identify the tools for management accounting: elaborate the company’s organizational and analytical framework, classify the charges according to their traceability and according to their variation mode, define a typology of costs from the accounting perspective;
3. Examine the resources according to their distribution in time and their use. Switch from an accounting perspective to an economic perspective;
4. Determine the break-even point and practice the Cost-Volume-Profit analysis;
5. Identify the different approaches to costing: full and partial costing;
6. Examine the various methods of cost allocation according to their destination: homogeneous sections method; increase and division methods, Activity-Based Costing method;
7. Analysis of individual cases: purchasing, production, sales, work in process, waste, by-product, packaging, etc.
8. Introduce budget control (budgets, standard costing and deviations analysis);
9. Develop scorecards for measuring performance.

At the end of this learning unit, the student is able to :

1 At the end of this course, the student will be able to:
  • FR SP 2 - describe the best method of calculating costs and production costs for a company or organization in the for-profit or nonprofit sectors;
    - develop appropriate accounting tool to calculate economic costs and measure the outcomes by destination;
    - build financial dashboards, and establish links between budgets and calculate key management deviations.

The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Faculty or entity

Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Master [60] in Management (shift schedule)

Master [120] in Management (shift schedule)