3.3 General Management 3: Statistics and Accounting

3.3.1 Applied Statistics:

Objectives: Learning and understanding the fundamentals of statistics, the theories of probability and the exploration of data. Furthermore practical statistical analysis to establish structure and trend in data as a basis for operational and strategic decision making for non-profit and profit management.

Content:

  • Introduction „Amtliche Statistik“ (Statistisches Bundesamt, Eurostat, OECD …)

  • introduction in descriptive business statistics (university, vicariate, regression analysis)

  • presentation approaches

  • fundamentals of financial and managerial accounting (planning corporate success and liquidity)

  • systems of corporate budgeting with specifics in Nonprofit organisations

3.2.2 Management Accounting:

Objectives: Learning and understanding the fundamentals of financial and management accounting and the basics of business planning, with a focus on operational and strategic decision making for Non-Profit Management tasks. Show the strategic significance of management accounting for corporate decision making in a shareholder value- and stakeholder perspective.

Content:

  • balance sheet

  • financial reports

  • cost relevant analysis

  • flexible budgeting

  • operating budgets and financial strategy

  • financial project planning