Management Accounting 2

Learning Outcomes

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• critically evaluate the usefulness of specific management accounting techniques in organisations;
• critically discuss the significance of non-financial management accounting information;
• analyse and conduct a detailed examination of specific aspects of management accounting;
• critically discuss some technological developments that have impacted management accounting.

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• apply management accounting techniques in decision making;
• analyse and synthesise short case studies in management accounting.

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• specific aspects of management accounting, and the ancillary skills to support those features within organisations.

• Traditional overhead allocation
• Activity-based costing
• Process costing (including estimation of costs of partially completed products/units)
• Cost-Volume-Profit analysis (including multi-product situations and sensitivity analysis)
• Relevant costs and revenues for decision making (combined scenarios and the implications of constraints, including the use of linear programming)
• Standard costing, variance analysis (including mix and yield variances)
• Budgeting (including master budget, flexible budgeting and behavioural aspects in budgeting)
• Further aspects of investment appraisal (effects of unequal project lives, inflation and tax incentives).

• Traditional style lectures will be used to outline the key area of the syllabus.
• Classes will take place throughout the module to re-enforce the topics covered in the lectures.

Formative

This is how we’ll give you feedback as you are learning. It is not a formal test or exam.

In-class activities

• Assessment Type: Formative
• Feedback: The following (activities) will provide the opportunity for students to get meaningful formative feedback: - In-lecture illustrative/review questions/problems/case studies. - Weekly in-class (workshop style) solving or discussion of exercises and review questions/problems and case studies. - At the end of each week, suggested solutions of weekly in-class exercises and review questions/problems will be uploaded to the module’s Blackboard website. - Tutor (students’) responses to students’ questions during lectures, classes or through other means (e.g. email and Blackboard-Discussion Board).
• Final Assessment: No
• Group Work: No

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.