Management Accounting II: Planning and Performance Management
Course schedule:
Registration period:
Teaching time:
Form of study:
Language:
Level:
Course code:
Credits:
Fee:
Course information
Learning outcomes
After taking this course students will:
- Understand and apply the concepts and practices of strategic, tactical and operational planning
- Understand and create a performance measurement and management system based on the balanced scorecard framework
- Understand and apply the basics of performance measurement and management (individual KPIs, KPI systems like DuPont, EVA, OKR)
- Understand and apply variance analysis techniques
- Understand the concepts of transfer pricing
- Understand an application of controlling to a specific context (changes from implementation to implementation)
Content
In this course students will understand management accounting’s concepts and practices. Starting from the strategic level this course explores how planning is broken down from the strategy to the tactical level (i.e., capital budgeting) to the operational level (i.e., budgeting). We, moreover, explore how performance management and measurement systems are setup to translate strategic plans into action. Finally we explore a specific context of management accounting/controlling. As an additional topic we looks at the practice of transfer pricing.
Teacher
Hamed Salehi
Study material
Recommended: Rajan Datar Horngren (2021). Cost Accounting: A Managerial Emphasis 17th Edition, Global Edition
Alternative (please check chapter mapping provided in MyCourses – students take responsibility for assuring content fit of all chapters): Rajan Datar Horngren (2015). Cost Accounting, Global Edition.
Materials provided through MyCourses
Workload
- Contact teaching
- Pre-recorded lectures
- Case and/or project work (group (intended) or individual (if necessary))
- Independent study
- Exam 2 h - booked through the EXAM system and taken in EXAM facilities
Prerequisites
Recommended prerequisites: 22A00110 Laskentatoimen perusteet / ABL-A1300 Yrityksen talouden johtaminen ja raportointi or similar
Evaluation
Cases/assignments/exercises,
Exam
To pass the course the student has to get: (a) 50 % of the exam and (b) 50% of the other activities
Teaching time and location
The teaching time and the location of the course can be found at Sisu information system
- The link leads to Completion methods tab of the course page
- From the top of the page (Version drop-down menu), check that academic year 2025-2026 is selected
-
From the blue bar, click Lecture and open the Groups and teaching times tab to see the teaching time and the location of the course. Exam times can be seen by clicking Exam.
The teacher has four (4) weeks to grade the exam submissions starting from the exam date.
Further information
Equivalences to other courses: Management Accounting II (22C00300, A22C00300k), Management Accounting (22D012)
Online learning environment for the course
MyCourses online learning environment is a tool for both students and teachers for communication and managing everyday course work. You need an Aalto User ID to log in to the course's MyCourses workspace and participate in teaching.
Digital workspace of the course:
MyCourses
More details on completing the course will be available at MyCourses closer to the start of the course.
Registration and course fee
Registration for Open University courses is done via the link below:
Course registration
Registration for this course starts on 22.9.2025 at 9.00
Registration for this course ends on 27.10.2025 at 23.59
It is not possible to register before the registration period has started or after it has ended.
The number of participants is limited to 20.
This course is organized by the Aalto University School of Business.
The course fee is paid upon registration for each course at a time and it is binding. Familiarize yourself with registration and payment rules as well as other guidelines for students:
Registration, payments and rules
Activating Aalto ID and Multifactor Authentication
You can activate your Aalto User ID the day after the registration and you should activate it no later than the day before the start of the course.
Instructions for activating your Aalto user ID
Once you have activated your Aalto user ID, also enable multifactor authentication. Some of Aalto University's services require multifactor authentication.
Studying at the Open University
Do you need individual study arrangements for health reasons? How can I navigate in campus facilities? Read more about issues related to studying at the Open University. The Studying at the Open University page has gathered useful information about studying.
Studying at the Open University
On this page, you'll find detailed information about studying at the Open University.
Individual study arrangements at the Open University
Open University students are entitled to receive reasonable, individual study arrangements due to an impairment restricting his/her ability to study or other health condition.
How to get an access token and access rights
How to proceed when you need an access token and access rights on Aalto university campus located in Otaniemi (staff and students). Here is also an instruction how to proceed if your employment/studying right ends.
Campus maps, addresses and opening hours in Otaniemi
Here you will also find restaurants, the map, the Aalto Space mobile app, access control - all practical information on one page! You can also visit the campus virtually.
Open University contact details
Click here for contact details for Open University services and personnel.
