Optional in stage
First term
Both terms
Not organised
This year
Next year
Alternating years
External
Prerequisites
Identical coursesRisk Management and Control (B-KUL-HMA88A)
Cannot be taken as part of an examination contract
Khajehnejad Sabra (coordinator) | N. | Khajehnejad Sabra (substitute) Aims
(ACC) analyses accounting-related operational problems and issues, with special attention to the business context.
1.2 (ACC) reflects critically on the internal context of the organization and about how internal control can influence the internal context and make sure the organization functions in a better way.
2.1 (ACC) analyses accounting-related problems and issues taking into consideration relevant stakeholders (managers, shareholders, creditors, legislators, etc.) and environmental factors.
2.3 (ACC) formulates, based on sound knowledge of and insights in relevant regulation, a (legally) conclusive solution for accounting-related operational problems and issues, taking into consideration relevant stakeholders and environmental factors.
3.3 (ACC) plans, organises and assesses processes w.r.t. internal and external financial reporting with special attention to the business context and the integration of different processes.
4.1 (ACC) keeps up with societal, international and organisational developments and formulates a well-motivated argument regarding the relevance of these developments in terms of the organisation's internal and external financial reporting.
4.2 (ACC) reflects critically upon the implementation of relevant societal, international and organisational developments in the organisation's internal and external financial reporting, taking into consideration regulation and the specific business context.
7.5 is critical and not afraid to question himself/herself and his/her environment.
10.1 (ACC) keeps up with recent trends in accounting-related themes, considering practitioner-oriented, policy-oriented, legal and scientific data sources.
10.2 (ACC) integrates practitioner-oriented, policy-oriented, legal and scientific information on specific accounting-related themes and formulates a well-motivated argument regarding the relevance of a specific theme for the organisation.
10.3 (ACC) reflects critically upon the implementation of important evolutions and innovations in internal and external financial reporting within the organisation, taking into consideration regulation and the specific business context.
Previous knowledge
Students can actively deploy the knowledge/skills that they acquired in the following domains: financial accounting, (general) management and information systems.
Identical courses
This course is identical to the following courses:
HMH06F : Risicomanagement en interne controle (No longer offered this academic year)
HZH24A : Risicomanagement en interne controle (A)
Is included in these courses of study
- Master of Business Administration (Brussels) (Track Strategic Accounting and Management) 60 ects.
- Courses for Exchange Students Faculty of Economics and Business (Brussels)
- Master of Management Engineering (Brussels) 120 ects.
Activities
6 ects. Risk Management and Control (B-KUL-HMA88a)
EnglishFormat: Lecture
39 
Second termN. | Khajehnejad Sabra (substitute) Content
- A comprehension of the concepts of risk management and internal control, especially concerning systems, information, good governance, decision-making in organizations, and information technology;
- An introduction to the wide range of system analysis and design techniques (COSO model), with particular emphasis on system flowcharts, data flow diagrams, and data models;
- An application of these analysis techniques in solving case studies of information systems and a practical study of a business process.
Course material
The material provided on Toledo (slides, articles, exercises) is the principal study material, as well as the notes taken during the lectures.
Format: more information
The lectures have a high degree of interaction and active participation is required.
Evaluation
Evaluation: Risk Management and Control (B-KUL-H75921)
Explanation
The final grade of the student is the weighted combination of
- the score in the written exam (60%)
- the average score in the assignments (paper, take-home) and participation in class (40%).
Information about retaking exams
The determination of grades is the same for the first and the second exam opportunity. The grade attained for paper, take-home and participation in class during the first exam period will be transferred to the second exam opportunity. Further, the student takes a new written exam in the second exam period. The final grade is a weighted score of both elements, similar to the description for first exam opportunity.