In this course, we discuss fundamental issues of advanced management accounting and control in an international context. Based on the knowledge of the courses AMC 1 and AMC 2, we identify important tools of management accounting, which are widely used in corporate practice all over the world. We focus on topics especially important for decentralized large international firms like transfer pricing and performance measurement & incentives and intensify knowledge about basic processes like budgeting and variance analysis.
In this context we also address the increasing importance of non-financial information and its usage in management accounting. The course is based on an international textbook (Bhimani, Horngren, Datar, and Rajan, 2019) to allow for discussing all related topics in English.