Advanced Managerial Accounting and Real Investment Theory

Introduction

The course is analytically oriented and develops the participants skills to take decisions according to the partner's interest. The purpose of the interplay between economic theory, economic models and data from the market and the accounting system, is to ensure that the students get the necessary knowledge to be strong- minded persons regarding problems of business management. The specialisation is practically oriented, and the intention is to make sure that the student is familiar with the most common economic problems, from both the private sector and public sector. The specialisation intends to give the participants a background that will enable them, after acquiring the necessary knowledge of the relevant trade, to become business partners

Course content

• How to perform a customer profitability analysis
• Valuing a business
• The value of flexibility in decisions
• Situation-specific calculation of a required rate of return
• Life cycle analyses
• TD-ABC analysis
• Optimum between different alternatives
• Models for choosing optimal incentive mechanisms
• Designing "dashboards" for management using Excel
• Simple Excel macros using VBA syntax
• How to use storytelling techniques to enhance a presentation of financial data