Module Database Search

Module Title
Management Accounting

Decision Making, Costing Techniques

SCQF Points15
ECTS Points7.5
CreatedMay 2002
ApprovedAugust 2015
AmendedJanuary 2015
Version No.1

This Version is No Longer Current
The latest version of this module is available here
Prerequisites for Module

None in addition to SCQF 11 entry requirment or equivalent

Corequisite Modules


Precluded Modules


Aims of Module

To develop knowledge and understanding of management accounting techniques used in supporting management in planning, controlling and monitoring performance in a variety of business contexts.

Learning Outcomes for Module

On completion of this module, students are expected to be able to:

1. Explain the nature, source and purpose of managment information.
2. Explain and apply cost accounting techinques.
3. Prepare budgets for planning and control.
4. Compare actual costs with standard costs and analyse any variances.
5. Explain and apply performance measurments and monitor business performance.

Indicative Module Content

The nature of management accounting, sources and presentation of management accounting information and the classification of costs.

Costing techniques including absorption costing, variable costing and activity based costing. Methods of joint cost allocation and process costing.

Budgeting including the nature and purpose of budgeting, budget preparation, flexible budgets, capital budgeting, budgetary control and reporting and the behavioural aspects of budgeting.

Standard costing systems, variance analysis and budget reconciliation.

Performance Measurement - purpose, techniques, monitoring and reporting.

Indicative Student Workload

Contact Hours

Full Time

Directed Study

Tutorial Preparation

Private Study

Private Study

Mode of Delivery

This is a lecture based course supplemented with tutorials and workshop sessions.

Assessment Plan

Learning Outcomes Assessed
Component 1 1,2,3,4,5

Component 1 is a closed book written exam.

Indicative Bibliography

1.*DRURY, C., 2015. Management and cost accounting. 9th ed. London: Cengage Learning.
2.* The most recent edition of this text will always be used.
3.Students will need to refer to relevant articles from accounting journals and professional bodies.

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