Internal Calculation

The acquisition of appropriate knowledge about the importance of calculating the costs and effects from the aspect of impact on official financial reporting, reporting of internal users of financial statements and, in particular, identifying the importance and ways of expressing costs per cost centers and cost bearers.

Mastering the methodology of the calculation of costs and effects in resource spending and identifying the results of this spending as a whole and by individual operating segments. Connecting the calculation of costs and effects with parts of the accounting information system, and understanding of the possibilities of the organization of the layout of chart of accounts in the formal and material sense. Identification and records of internal result.

Costs and effects as the subject of internal accounting; Assumptions and principles of organization of the calculation of costs and effects; The organization of an adequate layout of chart of accounts for the calculation of the costs and effects; Documentation in the calculation of the costs and effects; Stages of the calculation of costs and effects; Organizational structure of the calculation of costs and effects; Methods of balancing results; Business segment accounting.

Mastering of subject contents and adoption of appropriate knowledge will be provided by using the following teaching methods: lectures, exercises, mentoring during the preparation of seminar papers and consultations.

Two colloquiums, seminar paper, homework, activity in classes and oral exam. Colloquium I (0-20 points); Colloquium II (0-20 points); Final exam (0-50 points); Attendance (2point); Class activities (seminar papers, discussions, case studies) (0-8 points)

Jablan-Stefanović, R. (2006). Internal Calculation. Belgrade: Faculty of Economics; Rodić, Jovan; Rakovački-Tubić, Snežana. (2010). Costs and effects accounting and accounting of business segments. Banja Luka: Finrar, Faculty of Economics, University of Banja Luka.