Courses – Fakultet tehničkih nauka u Novom Sadu

Subject: Selected chapters of strategic management accouintig (17.IMDR90)

Native organizations units: Department of Industrial Engineering and Engineering Management

Type of studies	Title
Doctoral Academic Studies	Industrial Engineering / Engineering Management (Year: 2, Semester: Winter)

General information:

Category	Scientific-professional
Scientific or art field	Proizvodni i uslužni sistemi, organizacija i menadžment Menadžment i investicije u inženjerstvu
ECTS	10

The aim of this course implies completion and integration of component of strategic thinking necessary to PhD candidates - engineers who takes positions within the functions of finance, accounting, planning, control and financial reporting. Acquiring basic knowledge and understanding of accounting information as a management tool, in order to achieve the strategic goal of the industrial system and organization as well as reducing business risks in achieving strategic goal.

Acquiring knowledge and skills needed to implement standards, procedures and models for the evaluation of company's solvency in order to integrate successfully all functions in the company. Knowledge needed for the practical application of tools and techniques for strategic management accounting in the company and other organizations. Students are qualified to identify strategically components of information base of accounting system, use models and tools in order to analyze competition in the company and other organizations, make conclusions, propose and compare different strategies, create reports and recommendations for capital owners and management, participate in the application of strategy as an engineer who holds PhD and takes positions of scientific worker or analyst through the improvement of system of performance measurement of the company and other organizations.

The structure of strategic management accounting. Making of financial and business reports; Analysis of business reports of competitors from the point of the achievement of the strategic objectives of the company or corporation. Monitoring the operation of information systems and system of internal controls of the organization; Audit of financial statements; Evaluation of the company's solvency; Assessment of the integration of business processes; Analysis of the financial result in terms of strategic corporate objectives; Analysis of financial situation; Analysis of the production factors; Analysis of the production operations; Analysis of the consolidated business reports of multinational corporations; Transfer pricing in multidivisional business systems.

Lecturers use audiovisual equipment. Case studies. Consultation. Occasionally lecturers are experienced executives from the companies in the role of guest lecturers

Authors	Title	Year	Publisher	Language
Weird, K.	Strategic Management Accounting	2016	Routledge, London	English
Kaplan, R. S. David, P. N.	The balanced Scorecard: Translating Straregy into Action	1996	Harward Business School Press, Boston	English
Drury, C.	Managemnet Cost Accounting	2018	Cengage Learning	English