Management Accounting and Control ( ocw.mit.edu)
As taught in: Spring 2007
Management accounting plays a role in many parts of a company's value chain. See Lecture 1 for more details. (Image by Prof. Mozaffar Khan.)
Level:
Graduate
Instructors:
Prof. Mozaffar Khan
Course Features
Course Description
Course Features

Lecture notes
Lecture Notes
SES #
TOPICS
1
Introduction (PDF)
2
Decision making (PDF)
3
Decision making (cont.) (PDF)
4
Decision making (cont.) (PDF)
5
Two cases (PDF)
6
Product costing (PDF)
7
Product costing + case (PDF)
SES #
TOPICS
8
Issues in product costing + case (PDF)
9
Product costing refinements: 2 cases (PDF)
10
Additional issues in product costing + 2 cases (PDF)
11
Capacity issues + case (PDF)
12
Midterm
13
Discuss midterm and submitted assignment (Mueller-Lehmkuhl)
14
Incentive to overproduce; joint costs; allocation of service
department costs (PDF)
15
Organizational architecture (PDF)
16
Performance evaluation + case (PDF)
17
Performance evaluation + case (cont.) (PDF)
18
Transfer pricing + case (PDF)
19
Budgeting + case (PDF)
20
Standard costing and variances + case (PDF)
21
Class presentations
22
Class presentations (cont.)
23
Control systems: case + discuss submitted assignment (PDF)
24
Wrap-up (PDF)
Course Description
This course is an introduction to the use of accounting information by managers for decision making, performance
evaluation and control. The course should be useful for those who intend to work as management consultants, for LFM
(Leaders for Manufacturing) students, and in general, for those who will become senior managers.