Prerequisites for Module
None in addition to SCQF 7 entry requirements or equivalent.
Corequisite Modules
None.
Precluded Modules
None.
Aims of Module
To develop knowledge and understanding of the nature and purpose of management accounting and an awareness of the theory and use of relevant techniques in decision making, planning and control.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
| 1. |
Apply and discuss relevant management accounting techniques and theory in basic budgeting, costing and decision-making contexts.
|
| 2. |
Understand the need for cost classification.
|
| 3. |
Explain cost behaviour and apply cost-volume-profit analysis.
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| 4. |
Understand the need for cost assignment and prepare basic overhead allocations and apportionment.
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Indicative Module Content
Preparation of budgets and cash flow forecasts; cost-volume-profit analysis; cost assignment; approaches to costing.
| Indicative Student Workload
Contact Hours
| Full Time | Assessment
| 4 | Lectures
| 24 | Tutorials / workshops
| 12 |
Directed Study
| | Tutorial preparation
| 36 |
Private Study
| | Private study
| 74 |
Mode of Delivery
Topics are delivered in lectures and further developed in tutorials and workshops.
Assessment Plan
|
Learning Outcomes Assessed
| | Component 1 | 1,2
| | Component 2 | 1,2,3,4
|
Component 2 is assessed by an examination.
Component 1 is assessed by a group presentation and report.
Indicative Bibliography
| 1. | DRURY, C., 2024.<I>Management and cost accounting. 12th ed. Andover: Cengage Learning.
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