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MODULE DESCRIPTOR
Module Title
Advanced Accounting For Decision Makers
Reference CBM188 Version 4
Created February 2024 SCQF Level SCQF 11
Approved July 2019 SCQF Points 15
Amended April 2024 ECTS Points 7.5

Aims of Module
This module will enable students to demonstrate the application of accounting principles and tools and develop the knowledge to critically evaluate financial data of international companies, and understand the risks associated with the use of cost information to achieve profit goals and strategic objectives in business.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Solve key accounting calculations relevant to the management of cost allocations.
2 Analyze financial reports from a managerial perspective.
3 Critique the performance of cost centres within an organization and argue potential improvement measures.
4 Analyse investment decisions and defend funding allocation.
5 Critically appraise the performance of global organisations on the basis of financial information in the public domain.

Indicative Module Content
The Factory simulation game will be introduced and used in class to visualise how money flows through an organisation. Further, and throughout the course, the following key principles will be analysed and discussed in detail: financial interests of stakeholders; valuation of inventory; linear and digressive depreciation, and; assets and liabilities. Students undertake calculation and interpretation of financial statements including P&L, balance sheets and cash flow statements. The role and implications of financial ratios (ROS, ROE, AUR, ROI, CR) and the Acid Test are explored. The module concludes with a review of ratings, provisions, pay back, net present value and the Balance Score Card.

Module Delivery
The module will be taught through a combination of lectures, tutorials and student-led activities, including a variety of case studies.

Indicative Student Workload Full Time Part Time
Contact Hours 30 30
Non-Contact Hours 120 120
Placement/Work-Based Learning Experience [Notional] Hours N/A N/A
TOTAL 150 150
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: Coursework Weighting: 100% Outcomes Assessed: 1, 2, 3, 4, 5
Description: Individual Portfolio Assessment

MODULE PERFORMANCE DESCRIPTOR
Explanatory Text
This calculation of the overall grade for this module is based on 100% weighting of C1. A minimum grade D is required to pass the module.
Module Grade Minimum Requirements to achieve Module Grade:
A The student needs to achieve an A in C1.
B The student needs to achieve a B in C1.
C The student needs to achieve a C in C1.
D The student needs to achieve a D in C1.
E The student achievea an E in C1.
F The student achievea a F in C1.
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.

ADDITIONAL NOTES
This module is for delivery at BHMS, Luzern, Switzerland.

INDICATIVE BIBLIOGRAPHY
1 DATAR, S. and RAJAN, M., 2017. Horngren's cost accounting: a managerial emphasis. Global edition. 16th ed. Pearson Education.
2 DRURY, C., 2021. Cost and management accounting. 11th ed. London: Cengage Learning.
3 GOWTHORPE, K., 2024. Business accounting and finance. 6th ed. London: Cengage Learning.
4 HORNGREN, C.T., SUNDEM, G., BURGSTAHLER, D. and SCHATZBERG, J. , 2024. Introduction to management accounting. Global edition. 17th ed. London: Pearson.
5 MOWEN, M.M., HANSEN, D.R. and HEITGER, D.L., 2023. Managerial accounting: the cornerstone of business decision-making. 8th ed. Cengage Learning.

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