OUR ACADEMIC DEPARTEMENTS |
Lesson details
ACCOUNTING AND MANAGING CONTROL SYSTEMS | |||
2023-2024 | EnIESEG School of Management
(
IÉSEG
)
| ||
Class code : | 2324-IÉSEG-MFM1S2-ACC-MFMCI01UE | ACCOUNTING / AUDIT / CONTROL |
Level | Year | Period | Language of instruction |
---|---|---|---|
MSc in Fashion Management | 1 | S2 | EnEnglish |
Academic responsibility | R.BARROSO |
---|---|
Lecturer(s) | R.BARROSO |
- This class exists in these courses :
- IÉSEG > MSc in Fashion Management > Semester 1 > 2,00 ECTS
Prerequisites
NA
Learning outcomes
At the end of the course, the student should be able to:
Demonstrate an expertise on key concepts, techniques and trends in the use of financial information in the fashion management industry.
The objectives of this course are:
- to understand the process of accumulating, identifying, measuring and recording economic information
- to evaluate the use of accounting information for both external and internal decision making by braking down complex organizational problems and applying the most relevant methodologies.
- to construct expert knowledge from cutting-edge information
We obtain those objectives by using state-of-the-art management techniques
- to formulate strategically-appropriate solutions to complex and unfamiliar challenges in their professional field
Course description
The course is an introduction to accounting designed for business students. The main purpose of this course is to deal with the construction of accounting information and its external and internal use.
The approach is based on the following ideas:
- We adopt a user perspective, rather than a producer one, because most students will become users of financial statements, internally (managers, executives…) or externally (investors, analysts…), rather than preparers of financial statements. Hence, the financial information a company uses to internally determine its performance is also used by investors and analysts to assess a company in the marketplace.
- Decision-making is pivotal in the daily activity of managers. These decisions cover a wide range of topics, including launching products, pricing, make or buy decisions, dropping a product or an activity, etc. Managers make their decisions based on a mix of financial, economic and strategic analyses. One of the primary roles of accounting is to provide useful information for these decisions, assessing the profitability of alternatives. This course is aimed at providing students with various calculation methods that can be used for decision-making. - Decision-making is pivotal in the daily activity of managers. These decisions cover a wide range of topics, including launching products, pricing, make or buy decisions, dropping a product or an activity, etc. Managers make their decisions based on a mix of financial, economic and strategic analyses. One of the primary roles of accounting is to provide useful information for these decisions, assessing the profitability of alternatives. This course is aimed at providing students with various calculation methods that can be used for decision-making.
Class type
Class structure
Type of course | Numbers of hours | Comments | |
---|---|---|---|
Independent work | |||
Reference manual 's readings | 4,00 | self reading for the course | |
Independent study | |||
Group Project | 10,00 | ||
Estimated personal workload | 20,00 | ||
Face to face | |||
Interactive class | 16,00 | in-class attendance | |
Total student workload | 50,00 |
Teaching methods
- Case study
- Interactive class
- Project work
Assessment
MCQ 40%
Group project 40%
participation 20%
Type of control | Duration | Number | Percentage break-down |
---|---|---|---|
Continuous assessment | |||
QCM | 1,00 | 1 | 40,00 |
Participation | 16,00 | 1 | 20,00 |
Others | |||
Group Project | 6,00 | 2 | 40,00 |
TOTAL | 100,00 |
Recommended reading
- Financial Accounting and Reporting: A Global Perspective
-
co-authored by Prof. Hervé Stolowy with Prof. Michel Lebas and Prof. Yuan Ding
Cengage Learning, Andover, UK, 4th edition 2013
- Malea Fashion District: How Successful Managers Use Financial Information to Grow
-
Antonio Davila & Daniel Oyon
Vease Ediciones; 2nd edition (February 23, 2013)
- Management and cost accounting
-
Prof. Colin Drury
South-Western Cengage Learning, London, UK, 8th edition, 2013
Internet resources
* This information is non-binding and can be subject to change