RESULTS OF SCIENTIFIC STUDIES PERFORMED BY STUDENTS IN THE COMPUTER LABORATORY OF MANAGERIAL ACCOUNTING AND CONTROLLING SYSTEMS
UTP University of Science and Technology (POLAND)
About this paper:
Conference name: 10th International Technology, Education and Development Conference
Dates: 7-9 March, 2016
Location: Valencia, Spain
Abstract:The paper is a continuation of the article “Students' scientific studies of controlling as an essential part of educating managers”, in which the scope of research performed by students was presented. This paper focuses on results of the students studies and education effects.
In the first part diploma thesis (BSc, BSc (Eng.) and MSc theses) in which students described the scientific studies done in the computer laboratory of Managerial Accounting and Controlling Systems at the Faculty of Management, the University of Science and Technology (UTP) in Bydgoszcz are presented. There were 14 diploma thesis done in the years 2013-2015, and 10 of them concerned activity-based costing (ABC), which is a very popular and regarded as one of the costing method most useful in decision making.
The second part includes the characteristic of activity-based costing models elaborated by students. In order to work out the ABC model student does a wide range of analytical and conceptual works, applying case study and project design methods and the state-of-the-art IT tools dedicated to ABC modelling. The solutions are very complex. They consist of several hundred or even more of cost accounts and cost flow paths.
In the last part of the paper the education effects following from research done by students are discussed. Students broaden their knowledge in management field and develop their skills. The ambitious research goals an tasks as well as research methods students apply induce their creativity, develop analytical and IT skills and make easy to understand the management accounting methods.
Keywords: Students studies, diploma thesis, education effects, managerial accounting, activity-based costing, case studies, project design.