Learning Outcomes:
On completing this module participants 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, to a high standard, 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 the issues organisations face in the management of environmental costs.
(vi) Describe the different methods an organisation may use to account for its environmental costs.
(vii) Discuss the issues organisations face in accounting for environmental and sustainability factors.
(viii) Discuss the role of the management accountant in supporting the business to develop sustainable practices.
Indicative Module Content:
(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, to a high standard, 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 the issues organisations face in the management of environmental costs.
(vi) Describe the different methods an organisation may use to account for its environmental costs.
(vii) Discuss the issues organisations face in accounting for environmental and sustainability factors.
(viii) Discuss the role of the management accountant in supporting the business to develop sustainable practices.