Опис курсу

Subject of the Academic Discipline

The subject of study in this academic discipline is the combination of theoretical and practical aspects of forming accounting information for managing economic entities.

Purpose of the Academic Discipline

The purpose of studying this academic discipline is to develop a system of knowledge for preparing accounting information as a basis for making informed managerial decisions at all levels of economic entity management.

Main Objectives

The main objectives of the discipline “Accounting in the Management of Economic Entities” are:

• Studying the conceptual foundations of using accounting as an information source for enterprise management.
• Acquiring skills in structuring and transforming accounting within an enterprise management system.
• Studying the methodology and techniques for providing accounting information for modern and potential enterprise management needs.
• Ensuring the integration of theoretical knowledge with practical skills in accounting for enterprise management, strategy development, and implementation.

Place of the Academic Discipline in the Master’s Curriculum

The discipline “Accounting in the Management of Economic Entities” is a mandatory component of the master’s program in Accounting and Taxation. It builds upon the knowledge acquired from courses such as “Accounting and Taxation for Foreign Economic Activity,” “Professional Ethics and Standards in Accounting and Auditing,” “Research Methodology in Accounting, Auditing, and Taxation.” It also complements knowledge from disciplines such as “Organization of Accounting and Tax Optimization,” “Strategic Management Accounting and Analysis,” “Organization and Methodology of Financial Investigations.” Together with other educational components, it forms the foundation for writing a qualification thesis.

Competency, Knowledge, and Skills Requirements

Upon studying the discipline, master’s degree students specializing in 071 “Accounting and Taxation” should acquire the following competencies:

General Competencies:

• GC01. Ability to identify, formulate, and solve problems.
• GC03. Skills in using information and communication technologies.

Specialized Competencies:

• SC01. Ability to generate and utilize accounting information for making effective managerial decisions at all levels of enterprise management to enhance efficiency, effectiveness, and corporate social responsibility.
• SC02. Ability to organize the accounting process and regulate the activities of accounting personnel in accordance with enterprise management requirements.

Expected Qualification Level

By the end of the course, students should be able to:

Knowledge:

• Understand the theory, methodology, and practice of forming and providing accounting information for modern and potential enterprise management needs.
• Apply theoretical, methodological, and practical principles of accounting as an information source in enterprise management.
• Formulate management accounting reports for enterprise decision-making.
• Apply professional judgment in accounting practices.

Skills:

• Classify accounting information and build an accounting system tailored to the needs of economic entities.
• Organize the formation of accounting information, manage accounting quality, and control the accuracy of financial data.
• Prepare accounting reports that align with enterprise management needs.
• Identify and assess existing and potential informational needs of accounting users in business management.
• Advise management on the accounting information presented in financial reports and develop management reporting formats.
• Assess the quality of accounting information, accounting systems, and financial reporting.
• Develop a professional judgment regarding the structure and transformation of accounting systems to meet enterprise management needs.

Learning Outcomes

• LO02. Understand the theory, methodology, and practice of forming accounting information at different stages of the accounting process and control for current and potential management needs.
• LO04. Organize, develop, and model accounting systems while coordinating accounting personnel activities based on management needs.
• LO06. Determine the informational needs of users of accounting data, providing consultations on financial reporting and management accounting.
• LO07. Develop internal corporate standards and formats for management and financial reporting.
• LO09. Prepare financial statements based on national and international accounting standards, publish and utilize relevant data for decision-making.
• LO10. Collect, evaluate, and analyze financial and non-financial data to generate relevant information for managerial decision-making.
• LO08. Justify the selection and application of management information technologies for accounting, analysis, auditing, and taxation to optimize decision-making.

The content of the discipline by topic

Topic 1. The essence and place of accounting information in enterprise management.

Topic 2. Accounting in the information system of enterprise management.

Topic 3. Principles, methods and techniques of preparation of management accounting.

Topic 4 Estimation of expected costs for forecasting and management decisions.

Topic 5. Accounting policy in pricing.

Topic 6. Balanced system of indicators in the formation of accounting and analytical support of enterprise management.

Topic 7. Quality of accounting information and accounting.

Topic 8. Tools of accounting and reporting in enterprise management.

Topic 9. Accounting in the management of enterprise value.

Topic 10. Accounting for environmental decision making.

Topic 11. Accounting for social decision making.

Topic 12. Accounting in enterprise risk management