Performance management I [FAB6SE002FA] Semestr letni 2021/2022
Wykład, grupa nr 1

Compulsory reading:

Technical articles for PM module at www.accaglobal.com

Supplementary readings:

1. Leiwy, Daniel; Perks, Robert, „Accounting, Understanding and practice”, McGraw Hill Education, 2013

2. Bojańczyk, Mirosław, “Corporate Accounting in the Unstable World”, Akademia Finansów I Biznesu Vistula w Warszawie, 2017

4. materials provided by the teacher

1. Information, technologies and systems for organisational

performance

1.1. information

- information vs. data

- information society

- Big data - characteristics

- managing information

- sources of information

- stakeholders

1.2. information systems and data analytics

2. cost behaviour

- fixed, variable, semi variable costs

- high/low method

- non-linear cost behaviour - learning effect

3. Decision-making techniques

3.1. Relevant cost analysis

3.2. Cost volume analysis

-break-even point,

- margin of safety,

- break-even and target profit point using graphical method,

- target profit in multiproduct situations

3.3. Pricing decisions

- optimal price,

- calculating price using demand function,

- price strategies,

- mark-up, margin

3.4. Dealing with risk and uncertainty in decision making

- expected value method,

- sensitivity,

- decision matrix (maximax, maximin, minimax regret),

- decision tree method

4. Budgeting and control

4.1. Budgetary systems and types of budget

(rolling budget, flexed budget, zero-based budget, incremental budget, bottom-up budget, top-down budget, functional budget, master budget)

4.2. Standard costing

4.3. Material mix and yield variances

4.4. Sales mix and quantity variances

4.5. Planning and operational variances

4.6. Performance analysis using variance analysis

5. Performance measurement and control

5.1. Performance analysis in private sector organisations

- financial and non-financial indicators,

- balanced systems (Balanced Score Card, Building Block model)

5.2. Divisional performance and transfer pricing

- responsibility centres,

- establishing transfer prices,

- performance of investment centres (ROI and Residual Income)

5.3. Performance analysis in not-for-profit organisations and the public sector

PPT presentation, exercises solved during the class based on working sheets provided by teacher, self-study exercises to practice at home

Mid term and final tests are a basis for passing the course. The tests shall have a form of Platon exams (in case of continuing online ca

lasses) or in-class exams, they will include single choice questions both computational and discursive. One retake is possible.

Active participation in class or based on exercises made available as a homework may improve the final grade.