Unec 1680953865

International
School of
Economics
Tendentes ad Excellentiam
Outline: Performance Management
Developed by Abdulkarim Sadigov.
In this course students are going to learn both theoretical background and apply to practical
cases the most sophisticated and modern management analysis tools such as costing methods,
decision-making techniques, budgeting and planning approaches, and analysis of variances in
budgeted and actual results.
Aims and objectives
The aims of this course are:

 develop knowledge and skills in the application of management accounting techniques
 develop knowledge and skills in managerial analysis for management
 application of modern tools such as decision making, budgeting, costing, analysis of how a
business should be managed and controlled in managerial analysis for management
Prerequisites
Financial accounting and Management accounting courses.
Topic Outline
1. Introduction to Performance Management and Traditional costing methods: Absorption

costing and marginal costing
2. Activity based costing (ABC)
3. Target life costing (2+2 hours)
4. Life cycle costing(2+2 hours)
5. CVP analysis (2+2 hours)
6. Limiting factor analysis (1)
7. Limiting factor analysis (2)
8. Short-term decisions (1)
9. Short-term decisions (2)
10. Risk and uncertainty (1)
11. Risk and uncertainty (2)
12. Budgetary systems
13. Quantitative Techniques in budgeting
14. Budgeting and standard costing
15. Variance analysis. Planning and operational variance analysis (1)
Prescribed Texts and Tutorials
1. Performance Management, ACCA approved book, interactive study text, BPP Learning
Media Ltd, London- 2022
2. Performance Management, ACCA approved book, practice & revision kit, BPP
Learning Media Ltd, London- 2022
DETAILED TOPIC OUTLINE
WEEK TOPIC LECTURE CONTENT

1 Introduction to Performance N1
Management and Traditional
costing methods: Absorption
costing and marginal costing
(2+2 hours)
2 Activity based costing (ABC) N2
(2+2 hours)
3 Target life costing (2+2 hours) N3
4 Life cycle costing(2+2 hours) N4
5 CVP analysis (2+2 hours) N5
6 Limiting factor analysis (1) (2+2 N6

hours)
7 Limiting factor analysis (2) (2+2 N7
hours)
8 Short-term decisions (1)(2+2 N8
hours)
9 Short-term decisions (2)(2+2 N9
hours)
10 Risk and uncertainty (1)(2+2
N10
hours)
11 Risk and uncertainty (2)(2+2 N11
hours)
12 Budgetary systems(2+2 hours) N12
13 Quantitative Techniques in N13
budgeting(2+2 hours)
Budgeting and standard
14 N14
costing(2+2 hours)
Variance analysis.
15 Planning and operational N15
variance analysis(2+2 hours)
Final Examination
Grading method:
The course academic evaluation will be conducted according to the multiple scoring system. The
maximum score is 100. The calculation of successful scores will be done in line with the
proportions given in the following table:
Activity Portion of the success (in %)
Internal semester activities 20%
Midterm exams 30%
Final examination 50%
Success score 20%+30%+50%
91 – 100 grades excellent A

81 – 90 grades very good B
71 – 80 grades good C
61 – 70 grades sufficient D
51 – 60 grades satisfactory E
<51 grades unsufficient F
Kafedranın adı “Beynəlxalq iqtisadiyat”

Müəllimin adı Abdulkərim Sadıqov
Fənnin kodu
Fənnin adı Fəaliyyətin effektivliyinin idarə edilməsi
Sualların sayı 75
Suallar
Sualın
Sualın
s/s Mövzu çətinlik Sualın mətni
çəkisi
səviyyəsi
Identify the principal internal and external sources of
1 01 1 (Asan) 5 bal
management accounting information
Identify and discuss the direct data capture and process costs
2 01 1 (Asan) 5 bal
of management accounting information
Identify and discuss the indirect costs of producing
3 01 1 (Asan) 5 bal
information
Identify the accounting information requirements and
describe the different types of information systems used for
4 01 1 (Asan) 5 bal
strategic planning,management control and operational
control and decision-making
Discuss the challenges and risks of implementing and using
5 01 1 (Asan) 5 bal
big data and data analytics in an organisation
02 Classify and discuss reasons for the development of ABC
6 1 (Asan) 5 bal
method
7 02 1 (Asan) 5 bal Explain Traditional absorption costing and its disadvantages
8 02 1 (Asan) 5 bal Explain definition of ABC method
9 02 1 (Asan) 5 bal Explain steps in ABC method
10 02 2 (Orta) 10 bal Explain Cost driver analysis for ABC by practical example
02 Explain need for ABC in production companies by practical
11 2 (Orta) 10 bal
example
Explain need for ABC in service companies by practical
12 02 2 (Orta) 10 bal
example
02 Discuss advantages and disadvantages of ABC by practical
13 2 (Orta) 10 bal
example
14 02 3 (Çətin) 20 bal Solution for practical case about implementation of ABC
Explain differences between tradition approaches to pricing
18 03 1 (Asan) 5 bal
and target costing by comparison
19 03 1 (Asan) 5 bal Explain steps for implemetation of target costing
20 03 1 (Asan) 5 bal Explain a target cost gap in target costing
21 03 1 (Asan) 5 bal Explain methods for closing target gap
22 03 1 (Asan) 5 bal Explain Problems with target costing for services
03 Derive a target cost in manufacturing and
23 2 (Orta) 10 bal
Service industries
03 Explain the difficulties of using target costing
24 2 (Orta) 10 bal
In service industries
25 03 2 (Orta) 10 bal Suggest how a target cost gap might be closed
Solution for practical case about implementation of Target
26 03 3 (Çətin) 20 bal
costing
Solution for practical case about implementation of Target
27 03 3 (Çətin) 20 bal
costing
28 04 1 (Asan) 5 bal Explain Characteristics of the product life cycle
29 04 1 (Asan) 5 bal Costs over the product life cycle
30 04 1 (Asan) 5 bal Explain maximizing return over the product life cycle
31 04 2 (Orta) 10 bal Identify the costs involved different stages of the life cycle
32 04 2 (Orta) 10 bal Derivee a life cycle cost or profit in manufacturing and
service industries
33 04 2 (Orta) 10 bal Identify the benefits of life cycle costing
34 04 3 (Çətin) 20 bal Solution for practical case about implementation of life cycle
35 04 3 (Çətin) 20 bal Solution for practical case about implementation of life cycle

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International

Outline: Performance Management

Developed by Abdulkarim Sadigov.

Aims and objectives

The aims of this course are:

1. Introduction to Performance Management and Traditional costing methods: Absorption

DETAILED TOPIC OUTLINE

WEEK TOPIC LECTURE CONTENT

6 Limiting factor analysis (1) (2+2 N6

Activity Portion of the success (in %)

Internal semester activities 20%

Midterm exams 30%

Final examination 50%

Success score 20%+30%+50%

91 – 100 grades excellent A

Kafedranın adı “Beynəlxalq iqtisadiyat”

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