- Module Code:
- FHEQ Level:
- Year of study:
- Year 1
- Taught in:
- Term 1
This module aims to provide an advanced overview of current developments in thought and practice of management accounting, strategy, and organisational control. Emphases are given to the economic and behavioural analysis of management accounting issues and to strategic and organisational aspects of control systems design.
Objectives and learning outcomes of the module
On successful completion of this course a student will be able to:
- Discuss the importance of an effective management control system, including a well-designed accounting information system
- Identify the relevant costs to consider in marketing and pricing decisions
- Plan production volumes and product-line combinations
- Make decisions that take account of quality management and environmental costs
- Apportion overhead costs to products and services using a range of methods
- Apply appropriate capital investment appraisal methods
- Explain the ways in which divisional performance might be measured
- Design an effective budget-setting process to help control a business
This module consists of a 2-hour weekly lecture over 10 weeks of term plus a revision lecture in term 3 as preparation for the final examination. Students will be supplied with a syllabus with a breakdown week by week of required and additional reading. Reading materials are usually accessed electronically from the BLE and students should come to class prepared.
This module also has a weekly 1-hour tutorial where the questions posed by the tutor relevant to the lecture are explored and discussed by the students. Students also prepare and deliver a short presentation.
Total Work load:
Students on this module will have 3 taught hours each week. Additionally, adequate personal study time should be allocated for reading and class preparation.
Method of assessment
Assessment for this module is in three elements:
- One tutorial presentation at 10%
- One essay of 2,500 words at 30%
- One unseen 2-hour written examination at 60%
All elements except the presentation may be resubmitted.
Indicative reading list:
- Collier, P. (2012), Accounting for Managers: Interpreting Accounting Information for Decision-Making. Chichester, UK: John Wiley & Sons.
- Atkinson, A. A., R. S. Kaplan, E. M. Matsumara, and S. M. Young (2012), Management Accounting. Harlow, UK: Pearson Education.
- Armstrong, P. (2002), “The Cost of Activity-Based Management”, Accounting, Organizations and Society, 27: 99-120.