Cost Controlling

The subject areas of controlling form an essential part of operational and financial corporate management. The module discusses these aspects and looks at them from the perspective of operational management. The module takes up the instruments of management accounting and integrates them into cost and performance-orientated reporting, which enables the management of companies and projects.

• Controlling in the organisation
• Budgeting and planning accounting (standard cost accounting)
• Forecast
• Decision-making by means of contribution margin accounting
• Control, reporting and dashboards
• Case studies on the design and application of controlling in practice

The students

• understand controlling as a sub-process of management accounting and can utilise controlling in the financial management process. To this end, they understand how ERP systems work and assess dashboards.
• prepare the data relevant for controlling for the attention of the management on the basis of a specific initial situation, define controlling processes and develop the necessary concepts.
• are able to depict business objectives in figures and to present and assess operational financial figures in suitable calculations. They propose any necessary measures to correct business developments.

• Business administration (kbwl), accounting (krw) or commercial vocational baccalaureate
• Cost accounting systems (kosr)

The module is taught in German and can also be taught in English if there is sufficient demand. In the event that the module is taught in German and English, the content will be adapted to the cost accounting practices of the respective language region.

Individual tasks in the module are worked on using Excel.