European Master and Certification Program
in Risk Engineering and Management

F6-3:
Financial Reporting and Controlling

Course code: 128026
Language of instruction: English
Lecturers: Prof. Dr. Dr. h.c. Dirk Linowski (Steinbeis University Berlin), Dr. Stephan Knabe (Dr. Knabe GmbH Steuerberatungsgesellschaft), Antonio Vegezzi
Assessment: Defined in the module

Short description

Financial reporting and controlling are seen as a practical implementation of the accounting and financial analysis principles learned in this module. This course puts emphasis on demonstrating how those principles and the related vocabulary can be used for communicating information and as a powerful tool to evaluate and monitor corporate performance.

Objectives

The participants:

- will be able to prepare budget and controlling system for a company,

- will develop skills to perform a success and liquidity calculation, and

- will develop controlling skills needed for tracking false/wrong numbers in financial statements and predicted financial numbers.

Target Attendees / Participants

Students of Steinbeis Master of Business Administration

Course Content by Units

Business budgeting

Performance planning

Controlling systems and tools

Comparison system between planed and actual numbers

Teaching Methods

Classic lecturing

Free and interactive class discussion

Literature

R. N. Anthony, V. Govindarajan (2006): Management Control Systems; McGraw-Hill.

R. Brealey, S. Myers, F. Allen (2013): Principles of Corporate Finance, 11th Edition, McGraw-Hill Education.

C. T. Horngren, G. L. Sundem, W.O. Stratton (2007): Introduction to management accounting, Pearson Prentice Hall.

S. Ross, R. W. Westerfield, J. Jaffe (2012): Corporate Finance, 10th Edition, McGraw-Hill Education.

R. Simons (2000): Performance Measurement and Control Systems for Implementing Strategy Text and Cases, Prentice Hall.

H. R. Varian, C. Shapiro (1998): Information Rules: A Strategic Guide to the Network Economy, Harvard Business School Press.
For more information about the European Master and Certification Program in Risk Engineering and Management in general, go the Homepage.
For more information about the European Master Program in Risk Engineering and Management in general, go the Master Study page.
To see more courses in the curriculum, go to The curriculum page, or by date and topic go to the Calendar of Courses page.
Contact: via email sti889@risk-technologies.com or phone +49 711 1839 781 or +49 711 1839 647
(Course profile ID: F6-3:, generated on January 15, 2025)