Accounting, Strategy and Control
Measurement of organisational performance, financial position and risks are crucial for strategic decision making and management control in organisations. The Accounting, Strategy and Control concentration provides the candidate with a strong competence in design, analysis and implementation of strategy as well as performance, financial and risk management systems.
The broad topic of strategy implementation and control
Management of organisational performance, financial position and risks are based on analyses of the economic structures of the organisation. This is related to the organisation’s capital structure, balance sheet and income statement as well as cost and value drivers, key performance indicators and rewards. This knowledge becomes crucial input for aligning the organisational architecture, operations and employees with strategy as well as controlling value creation processes.
This concentration provides the candidate with a framework embedded in economic, accounting, finance, strategy and organisation theory for designing and implementing new as well as more traditional concepts. This includes concepts like The Balanced scorecard, Time-driven Activity Based Costing, Economic Value Added, Risk Management and Real Options. In addition it provides candidates with an understanding of how the concepts complement or diverge each other and to what extent and how they can be implemented in specific organisations.
Last updated by Communications & Marketing 06/12/2010