Course detail

Controlling

ÚSI-REROPAcad. year: 2023/2024

The course focuses on the following areas: controlling as a subsystem of corporate management, the aims and functions of controlling, operations-oriented controlling and strategic controlling.

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Entry knowledge

The ability to solve equations, calculate the minimum and maximum values of functions, and work out function graphs in various rasters. Knowledge of the relationships of graphs with numerical formulations, knowledge of the structure and creation of a corporate annual plan, including the relations among its parts, knowledge of account sheets, product cost calculations, corporate information systems and managerial functions.

Rules for evaluation and completion of the course

Requirements for gaining the credit

Active participation in seminars, individual assessment by the teacher – calculation of examples (set in e-learning), presentation of approaches and results.

1 credit test at previously set date. The test will include 4 examples, the maximum score fromthe test is 50 points. To pass the test a score of at least 50%, i.e. 25 points, is needed. The test can only be resat once.

Examination requirements:
Knowledge is verified by a written examination. Only students who have applied in IS and have the credit entered will be allowed to sit the examination. The examination is made up of 2 theoretical questions and 1 case study, or 1 complex example. The examination lasts 60 minutes. The maximum score for the examination is 50 points. The resulting assessment of the course is the sum of the points scored from the seminars and the examination. The examination is classified according to the ECTS scale. Incorrect or illegible answers are assessed as unsatisfactory.

Attendance at lectures and seminars, including credit test, is mandatory. Attendance is checked by tests and an attendance sheet.

Aims

The main objectives of the course are to introduce controlling as a subsystem of corporate management, the economic management activities of a company that are focused on achieving the business plan, the functions of controlling and its basic areas, the fundamentals of operations-oriented controlling and strategic controlling, the fundamentals of financial controlling, and the controlling of research and development.
Knowledge: The student will be able to explain the role of controlling and the controller in an organisation. They will know how to explain complicated cost allocation procedures and assess their advantages and disadvantages. They will know the basics of drafting corporate statements and giving management presentations. They will be able to use tipping point analyses and solve problems with the provided rebate. They will be able to analyse deviations from established plans.
Skills: The student will be able to handle multi-step calculations of contributions to cover fixed costs and create profit. They will be able to use tipping point analyses and solve problems with the provision of discounts. They will be able to analyse deviations from established plans. From the results of their analyses the student will be able to produce a report on the economic performance of a specific department within a company.
Abilities: The student will be able to orient themselves within financial statements and calculations, make oral presentations on their work and carry responsibility for the correctness of their results.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

ŽIŽLAVSKÝ, O. Controlling. Studijní text. Brno: Cerm, 2014. s. 1-112. ISBN: 978-80-214-4857-5. (CS)
ESCHENBACH, Rolf a Helmut SILLER. 2012. Profesionální controlling: koncepce a nástroje. 2., přeprac. vyd. Překlad Jaroslav Rubáš. Praha: Wolters Kluwer Česká republika, xiv, 381 s. ISBN 978-80-7357-918-0. (CS)
MERCHANT, Kenneth A a Wim A VAN DER STEDE. 2012. Management control systems: performance measurement, evaluation and incentives. 3rd ed. New York: Financial Times/Prentice Hall, 815 p. ISBN 02-737-3761-9. (EN)
HORVATH & PARTNERS. Nová koncepce controllingu: cesta k účinnému controllingu. 2004. 1. české vyd. Praha: Profess Consulting, 288 s. Poradce controllingu. ISBN 80-725-9002-2. (CS)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme RRTES_P Master's

    specialization RRES , 2 year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Syllabus

The essence and tasks of controlling. Operations-oriented planning. Systems for calculating costs. Analysis of deviations, controller’s reports, management of corrective measures. Modern calculation systems. Strategic controlling (necessity and characteristics). Multi-year planning, analysis and control, constant management of potential. Controlling risk. Controlling research and development. Integration of the Balanced Scorecard into the system of controlling.

Exercise

13 hod., compulsory

Teacher / Lecturer

Syllabus

The content of the seminars covers the topics from the lectures and work on the assigned tasks.
1. Tipping point analysis calculations in planning.
2. Multi-step calculations of contributions to cover fixed costs and create profit.
3. Test 1.
4. Zero-base budgeting. The flexible plan of costs of cost centres and its fulfilment.
5. Analysis of deviations.
6. Test 2. Awarding of credit.