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86172 Basic Accounting and Budgeting
Danish title: Regnskabslære og virksomhedsøkonomi
Language: Danish Credit points: 7,5
Type: Open University
Language: Danish

Previous course: C8372, 83472, 83172, 94550
No credit points with: C8372, 83472, 83172, 86172, 94550
Recommended semester: 1st - 4th semester
Scope and form: 2 lecture modules per week. Prescribed problems solved during semester.
Examination: Written exam (13-scale)
Contact person: Hans Knudsen, Building 421, Tel. +45 4525 6116, email hhk@tem.dtu.dk

Department: Technology, Economics and Management
Aim: To give students an introduction to the economic management of the firm.
Contents: Accounting: Preparation and evaluation of the annual statement of accounts. Legislation affecting accounting. Analysis of accounts i.e. profitability, financing, liquidity and solidity. Business Economics. Budget preparation (budgetary models, principles and simulation). Activity management (market and product development, sales and price policy). Capacity management (allocation, use and procurement of capacity). Financial Management (priority of investments, utilization of liqudity and procurement of capital).