Prerequisites for Module
None in addition to SCQF10 entry requirements or equivalent.
Corequisite Modules
None.
Precluded Modules
None.
Aims of Module
To develop advanced knowledge and understanding of management accounting together with the ability to critically evaluate management accounting as a vehicle for decision-making and control.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
| 1. |
Apply and critically evaluate appropriate advanced management accounting techniques in a variety of contexts such as decision-making, costing, budgeting and performance evaluation.
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| 2. |
Exercise judgement in identifying and resolving complex problems within the subject area making appropriate recommendations for their resolution.
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| 3. |
Integrate theory and professional practice in a manner which displays understanding of the defining concepts and features of management accounting.
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| 4. |
Independently undertake a review of relevant research literature in a specified field.
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| 5. |
Demonstrate effective written communication skills.
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Indicative Module Content
Costing: standard costing - including advanced sales, mix and yield variances; Budgeting: incremental, zero-based costing, advanced flexible budgeting and activity-based budgeting, behavioural aspects.
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Pricing: target costing, pricing policy and output decisions Divisional performance: divisionlisation and performance measurement, return on investment and residual Income; decentralised operations/performance measurement; transfer pricing.
Indicative Student Workload
Contact Hours
| Full Time | Assessment
| 12 | Lectures
| 24 | Tutorials/workshops
| 12 |
Directed Study
| | Tutorial Preparation
| 48 |
Private Study
| | Private Study
| 54 |
Mode of Delivery
This module will be delivered using lectures,tutorials and workshops.
Assessment Plan
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Learning Outcomes Assessed
| | Component 1 | 1,2,3,4,5
| | Component 2 | 1,2,3,5
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Component 1 is coursework.
Component 2 is an examination.
Indicative Bibliography
| 1. | DRURY, C., 2008. Management and Cost Accounting. London: International Thomson Business Press.
| | 2. | Students will also be expected to refer to appropriate research journals (e.g. Management Accounting Research, Accounting Organisations and Society, Accounting Review and British Accounting Review) and professional journals (e.g. Financial Management).
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