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Budgeting and Performance Evaluation

Budgeting and Performance Evaluation

Code: ACC3LF104
Scope: 5 ECTS
Timing: semester 5
Language: English
Curriculum: GLOBBA16
Course level: Specialisation Studies
Course type: compulsory for ACC/FIE specialisation students

Starting level and linkage with other courses
No prerequisites.

Learning outcomes
You can prepare operational and financial budgets and measure performance against the targets. You are able to estimate revenues, expenses and resources over a certain period, including financing of the planned actions. You apply different budgeting techniques. You monitor and evaluate the business performance against the set goals. You present and communicate effectively the financial information within the organization. You make a qualitative research in the field of budgeting or performance evaluation.

Contents

  • master budget of a company
  • forecasting and budgeting methods
  • flexible budgets and variance analysis
  • goal setting and measuring against the targets
  • key performance indicators
  • balance scorecard
  • qualitative research methods

Recognising and validating prior learning (RPL)
If you have acquired the required competence in previous work tasks, recreational activities or on another course, you can show the competence with a demonstration and progress faster through your studies. More information and instructions for RPL are available at MyNet.

Cooperation with the business community
Students will co-operate with a company in terms of a project in order to prepare budget or balance scorecard.

Internationality
Students will work in multicultural teams and preferably, case companies are operating in international environment.

Course formats
Contact and distant sessions or eduationalisation.

Assessment
Students' performance is graded on the following scale: Excellent (5), Very good (4), Good (3), Satisfactory (2), Fair (1), Fail (0).
A link to the joint assessment grid. The assessment of one’s own learning.

Course teacher(s)
Anne Arkima, Juan Borra

Learning materials
Materials to be announced in the implementation plan.