Prerequisites for Module
To have passed the relevant first and second year modules or equivalent.
Corequisite Modules
None.
Precluded Modules
None.
Aims of Module
To apply tools and techniques relevant to the management accounting process for long term decision making and control in order to support the implementation of the organisation's strategy.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
| 1. |
Evaluate techniques for analysing and managing costs for competitive advantage.
|
| 2. |
Discuss decision making in responsibility centres, issues arising from the use of performance measures and budgets for control and evaluate issues arising from the division of the organisation into responsibility centres.
|
| 3. |
Evaluate information to support project appraisal and discuss pricing strategies and their consequences.
|
| 4. |
Analyse information to assess its impact on long term decisions and discuss management's responsibilities with regard to risk.
|
Indicative Module Content
As per CIMA P2 2015 Syllabus.
Indicative Student Workload
Contact Hours
| Distance Learning | Assessment
| 2 | Virtual lectures, tutorials and workshops
| 15 |
Directed Study
| | Assessment preparation
| 40 | Directed question practice
| 30 | Directed research and reading
| 13 |
Private Study
| | Private study
| 100 |
| 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.
Assessment Plan
|
Learning Outcomes Assessed
| | Component 1 | 1,2,3,4
|
Component one is the CIMA P2 Management level exam.
Indicative Bibliography
| 1. | DRURY, C., 2021. Management and cost accounting. 11th ed. Andover: Cengage Learning.
| | 2. | KAPLAN, 2019. CIMA Complete Text: P2 Advanced Management Accounting. Kaplan Publishing, Berkshire.
|
Additional Notes
Core module material is provided online and comprises material from CIMAstudy.com, published by CIMA and Kaplan.
|