Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Management and Cost Accounting | |||
| Reference | BS2214 | Version | 9 |
| Created | December 2023 | SCQF Level | SCQF 8 |
| Approved | July 2019 | SCQF Points | 15 |
| Amended | March 2024 | ECTS Points | 7.5 |
| Aims of Module | |||
|---|---|---|---|
| To develop knowledge and understanding of management and cost accounting as it relates to cost accumulation and profit measurement, decision making and planning. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Apply relevant theory and costing techniques to financial information for the purpose of informing management decisions. |
| 2 | Examine, organise and analyse information prepared using management accounting and costing techniques. |
| 3 | Develop solutions to costing problems that incorporate both financial and non-financial considerations. |
| 4 | Apply relevant accounting software to formulate accounting information. |
| Indicative Module Content |
|---|
| Role of management accounting in stock valuation and profit measurement, decision making and planning. Costing techniques including absorption costing, variable costing and activity based costing. Methods of joint cost allocation and process costing. Integrated cost accounting incorporating entries for absorption costing activity based costing and process costing. Development of cost-volume-profit analysis incorporating application of non-financial and ethical considerations in decision making. |
| Module Delivery |
|---|
| Topics are introduced in lectures and developed in workshop sessions and tutorials for which students are expected to undertake directed independent learning. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 48 | N/A |
| Non-Contact Hours | 102 | N/A |
| Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
| TOTAL | 150 | N/A |
| 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: | Closed book examination | ||||
| MODULE PERFORMANCE DESCRIPTOR | |
|---|---|
| Explanatory Text | |
| Component 1 comprises 100% of the module grade. To pass the module, a D grade is required. | |
| Module Grade | Minimum Requirements to achieve Module Grade: |
| A | A |
| B | B |
| C | C |
| D | D |
| E | E |
| F | F |
| NS | Non-submission of work by published deadline or non-attendance for examination |
| Module Requirements | |
|---|---|
| Prerequisites for Module | None. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 1 | DRURY, C., 2021 Management and Cost Accounting 11th ed. London: Cengage Learning |