Management Accounting II: Planning and Performance Management

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

1. The link leads to Completion methods tab of the course page
2. From the top of the page (Version drop-down menu), check that academic year 2025-2026 is selected  

3. 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.
    

   Exam instructions at the Open University

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.

Instructions for using Multifactor Authentication