|Prerequisites for Module|
To have passed the relevant first modules or equivalent.
Aims of Module
To demonstrate knowledge of cost management through application.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
||Analyse and evaluate the principles of cost management.|
||Apply knowledge and understanding of costs and drivers of cost.|
||Demonstrate the ability to effectively communicate an understanding of cost management. |
Indicative Module Content
Cost accounting systems; forecasting techniques; project appraisal; pricing and product decisions; cost planning and analysis for competitive advantage; budgeting and management control; control and performance measurement of responsibility centres.
|Indicative Student Workload|
|Virtual tutorials and workshops||5|
|Directed research and reading||25|
Mode of Delivery
The mode of delivery is Distance Learning - with a focus on the use of interactive online activities such as forums and chat rooms.
||Learning Outcomes Assessed|
|Component 1 ||1,2,3|
Component one consists of coursework.
|1.||ATRILL, P. and McLANEY, E., 2015. Management accounting for decision makers. 8th ed. Harlow: Pearson.|
|2.||DRURY, C., 2015. Cost and management accounting: an introduction. 8th ed. Andover: Cengage Learning.|
|3.||DUGDALE, D. and LYNE, S., 2010. Budgeting practice and organisational structure. London: Elsevier/CIMA.|