Dr Oscar Timmermans & Dr Furkan Cetin
Today’s enterprises must navigate markets affected by global forces, advances in internet-based technologies and increasingly sophisticated corporate strategies used by their competitors.
At the same time, the interface between business and financial management is becoming more complex and more significant in determining outstanding corporate performance. Management accounting and financial control information are critical in helping enterprises to perform and increase their competitiveness.
This course provides an introduction to the management accounting and financial control concepts that are used in strategic decision-making, in order to effectively perform in a competitive business environment. Covering issues such as technology and digitalisation, corporate strategy, marketing and modern cost management tools, you will be able to critically analyse how these tools can be used to increase performance.
Recognising the growing international nature of business, the course also considers international financial control issues and comparative cross-country differences in managerial control systems. Using practical and highly applied learning material, you will be exposed to real-world cases and practical techniques to make business decisions. By the end of the course you will have a firm understanding of innovative managerial accounting and financial control tools and how to apply them in various business settings.