ACC20020 Management Accounting

Academic Year 2022/2023

Management needs to plan, control and make decisions to achieve organizational objectives. The purpose of management accounting is to assist management in achieving these organizational objectives by providing the relevant financial and non-financial information. Topics to be dealt with range from an understanding of cost behaviour, cost estimation, and cost-volume-profit analysis, through to costing systems including activity-based costing to budgetary planning and control, and standard costing and variance analysis.

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Curricular information is subject to change

Learning Outcomes:

At the end of this module, students should be able to:
(i) Discuss the role, purpose and organizational context of Management Accounting
(ii) Discuss the information needs of managers, and the role of management accounting information for strategic decision-making, planning and control of operations
(iii) Discuss, explain, apply, undertake and critically evaluate fundamental managerial accounting practices with specific reference to budget setting, budgetary control, cost accounting and cost management, decision-making and cost-volume-profit analysis.
(iv) Discuss and explain how management accounting information affects behaviour
(v) Discuss and explain recent developments in management accounting.

Indicative Module Content:

Topics:
Section 1 Introduction to Management Accounting
Section 2 Cost information and Behaviour
Section 3 Budgetary Planning and Control
Section 4 Costing Systems
Section 5 Activity-Based Costing
Section 6 Decision Making – CVP Analysis
Section 7 Decision Making and Scarce Resources
Section 8 Relevant Information for Decision Making

Student Effort Hours: 
Student Effort Type Hours
Lectures

24
Small Group

24
Specified Learning Activities

24
Autonomous Student Learning

48
Total

120
Approaches to Teaching and Learning:
Plenary sessions including active learning exercises and problem based learning. 
Requirements, Exclusions and Recommendations
Learning Requirements:

Stage 1 Financial Accounting


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Final Examination 2 hour End of Trimester Exam No Standard conversion grade scale 40% No

80
Examination: One Hour Mid-Trimester Exam Week 8 No Standard conversion grade scale 40% No

20

Carry forward of passed components
No
 
Remediation Type Remediation Timing
Repeat Within Two Trimesters
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Individual feedback is available during office hours if required.

Name Role
Ms Celine Craddock Tutor