PEMNACON Corporate Controlling

School of Business Administration in Karvina
Winter 2017
Extent and Intensity
2/1/0. 5 credit(s). Type of Completion: zk (examination).
Ing. Karel Stelmach, Ph.D. (lecturer)
Ing. Karel Stelmach, Ph.D. (seminar tutor)
Guaranteed by
Ing. Karel Stelmach, Ph.D.
Department of Business Economics and Management – School of Business Administration in Karvina
Contact Person: Ing. Žaneta Rylková, Ph.D.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The aim of the course is to give necessary knowledge in area of Corporate controlling as part of strategic management of business. Corporate controlling refers to quantitative meaning of control like performance measurement and financial ratios, as well as qualitative means like business values presented by methods based on scorecards. Corporate controlling links to the different issues like managerial accounting, closely connected with cost optimization; marketing, logistic as well as personnel auditing.
  • Introduction to Corporate Controlling
    Fundamentals of controlling activity in organizational context. Types of controlling activities. Controlling as managerial function. Controlling as dynamic process. Controlling in relationship with corporate planning.
    Costing and Calculations
    Cost calculations as result of resource use (process approach, hourly rates, fixed and variable costs). Calculating Break Even for A Service Based Business. Calculating Break Even for A Product-Based Business. Profit margin optimization. Job costs calculations.
    Financial ratios, performance measurement
    Performance as a result of controlling activity. Designing strategies, work processes, and work activities to increase effective resources allocation. Organizational Productivity and its measurement. The efficiency of an organization's transformation process in converting inputs to outputs.
    Planning and budgeting
    Planning, budgeting and forecasting as source of corporate framework for effective sources allocation. Different methods of planning. Reporting activities.
    Controlling in other Business functions
    Management based on Deviations in area of Marketing and Sales. Supply Chain Management (SCM) and controlling method connected with purchasing and receiving of goods and raw materials, transportation and logistics, production run scheduling, manufacturing of goods, and plant maintenance. Accounting and Finance controlling which will cover cost allocation and control, planning and budgeting and cash-flow management. Human Resources (HR) audit and controlling.
    required literature
  • BRAGG, S. M. Business ratios and formulas: a comprehensive guide. Hoboken: Wiley, 2012. ISBN 978-1118169964. info
  • GRIFFIN, M, P. Cost accounting. Boca Raton: BarCharts, 2011. ISBN 9781423216414. info
  • WEBER J. and U. SCHÄFFER. Introduction to controlling. Stuttgart: Schäffer-Poeschel, 2008. ISBN 9783791027593. info
    recommended literature
  • BRAGG, S. M. Budgeting: the comprehensive guide. Centennial, CO: AccountingTools, 2014. ISBN 978-1938910401. info
  • SIEGEL, J. G., J. K. SHIM and S. HARTMAN. Schaum's quick guide to business formulas: 201 decision-making tools for business, finance, and accounting students. New York: McGraw-Hill, 1998. ISBN 978-0070580312. info
Teaching methods
One-to-One tutorial
Skills demonstration
Seminar classes
Students' self-study
Assessment methods
Language of instruction
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Teacher's information
attendance in seminars 50 %, on-going test (30% of final grade), final written exam (70% of grade)
The course is also listed under the following terms Winter 2016, Winter 2018.
  • Enrolment Statistics (Winter 2017, recent)
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