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MODULE DESCRIPTOR
Module Title
Management Accounting CIMA P1
Reference BS2371 Version 2
Created February 2017 SCQF Level SCQF 8
Approved May 2014 SCQF Points 20
Amended August 2017 ECTS Points 10

Aims of Module
To develop an understanding of costs and drivers of costs in the production, analysis and use of information for decision making in organisations.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Discuss costing methods and their results and also the role of quality and environmental costing.
2 Explain and discuss the purposes of forecasts, plans and budgets; prepare forecasts of financial results, discuss budgets based on forecasts, the principles that underlie the use of budgets for control and analyse performance using budgets, recognising alternative approaches and sensitivity to variable factors.
3 Explain concepts of cost and revenue relevant to pricing and product decisions and analyse short-term pricing and product decisions.
4 Analyse information to assess risk and its impact on short term decisions.

Indicative Module Content
As per CIMA P1 2015 Syllabus.

Module Delivery
The mode of delivery is Distance Learning - with a focus on the use of interactive online activities such as forums and chat rooms.

Indicative Student Workload Full Time Part Time
Contact Hours 18 18
Non-Contact Hours 182 182
Placement/Work-Based Learning Experience [Notional] Hours N/A N/A
TOTAL 200 200
Actual Placement hours for professional, statutory or regulatory body    

ASSESSMENT PLAN
If a major/minor model is used and box is ticked, % weightings below are indicative only.
Component 1
Type: Examination Weighting: 100% Outcomes Assessed: 1, 2, 3, 4
Description: Component one is the CIMA P1 Operational level exam.

MODULE PERFORMANCE DESCRIPTOR
Explanatory Text
The module is assessed by one component: C1 - Examination - 100% weighting. This module is not graded. After a student has sat the CIMA examination, CIMA then provides the student with the result. This is recorded as P (Pass) after confirmation of a Pass mark has been received from CIMA.
Module Grade Minimum Requirements to achieve Module Grade:
Pass Demonstrates that the learning outcomes have been met.
Fail Fails to demonstrate that the learning outcomes have been met.
NS Non-submission of work by published deadline or non-attendance for examination

Module Requirements
Prerequisites for Module To have passed the relevant first year modules or equivalent.
Corequisites for module None.
Precluded Modules None.

ADDITIONAL NOTES
Core module content is provided online and comprises material from CIMAstudy.com, published by CIMA and Kaplan.

INDICATIVE BIBLIOGRAPHY
1 DRURY, C., 2021. Management and cost accounting. 11th ed. Andover: Cengage Learning.
2 KAPLAN, 2019. CIMA Complete Text: P1 Management Accounting. Kaplan Publishing, Berkshire

Robert Gordon University, Garthdee House, Aberdeen, AB10 7QB, Scotland, UK: a Scottish charity, registration No. SC013781