Establishment
Language of instruction
English
Teaching content
ACCOUNTING / AUDIT / CONTROL
This course occurs in the following program(s)
IESEG Degree - Programme Grande École
- Crédits ECTS: 4.00
Training officer(s)
C.BEUSELINCK
Stakeholder(s)
Christof BEUSELINCK (LILLE) & Miguel VEGA PEREZ (PARIS)
Présentation
Prerequisite
* Basics of Financial accounting and financial analysis.
* Performance management (cost accounting and management control).
* A willingness to participate and to learn actively through case studies
* Performance management (cost accounting and management control).
* A willingness to participate and to learn actively through case studies
Goal
At the end of the course, the student should be able to:
• Understand strategic control concepts and how control activities reinforce strategic decision making,
• Understand and analyze strategic management and control issues in international corporations,
• Practical application of the Business Model Canvas in a real life setting.
• Understand strategic control concepts and how control activities reinforce strategic decision making,
• Understand and analyze strategic management and control issues in international corporations,
• Practical application of the Business Model Canvas in a real life setting.
Presentation
This course provides Master students with an in-depth knowledge on how financial accounting, management accounting, and strategy interact in today’s organizations, with a focus on multinational corporations (MNCs). In particular, students will re-explore core fundamentals of accounting theories and managerial techniques to start a dialogue on the limits to traditional accounting tools for decision-making.
The course proceeds with a debate on the importance and pitfalls of an internal audit process as a precursor for taking strategic management decisions. We will form opinions about topics related to centralisation, taxation, transfer pricing, value chain analysis and culture to achieve a better understanding on why strategic audit and business reporting are essential to achieve success in multinational corporations.
Finally, students will wrap up their improved awareness in a team work on strategic reporting and control issues in multinational organizations by the application of the Business Model Canvas. Lectures contain a basis of theory and proceed typically through the discussion of cases, press articles as well as business articles on the intersection of strategy and management reporting.
The course proceeds with a debate on the importance and pitfalls of an internal audit process as a precursor for taking strategic management decisions. We will form opinions about topics related to centralisation, taxation, transfer pricing, value chain analysis and culture to achieve a better understanding on why strategic audit and business reporting are essential to achieve success in multinational corporations.
Finally, students will wrap up their improved awareness in a team work on strategic reporting and control issues in multinational organizations by the application of the Business Model Canvas. Lectures contain a basis of theory and proceed typically through the discussion of cases, press articles as well as business articles on the intersection of strategy and management reporting.
Modalités
Organization
Type | Amount of time | Comment | |
---|---|---|---|
Présentiel | |||
Cours interactif | 20,00 | ||
Coaching | 4,00 | ||
Autoformation | |||
Lecture du manuel de référence | 6,00 | ||
E-Learning | 4,00 | ||
Recherche | 10,00 | ||
Travail personnel | |||
Charge de travail personnel indicative | 30,00 | ||
Group Project | 16,00 | ||
Stage | |||
Visites | 10,00 | ||
Overall student workload | 100,00 |
Evaluation
• 50%: class participation + in-class case studies + presentations
• 50%: final report (company observation) & presentation
• 50%: final report (company observation) & presentation
Control type | Duration | Amount | Weighting |
---|---|---|---|
Autres | |||
Projet Collectif | 0,00 | 0 | 50,00 |
Contrôle continu | |||
Contrôle continu | 0,00 | 0 | 50,00 |
TOTAL | 100,00 |
Ressources
Bibliography
Hilton, R. W., Maher, M. W. and Selto, F. H., 2008. Cost Management: Strategies for Business Decisions, McGraw Hill, New York. -
Internet resources