Module Database Search
MODULE DESCRIPTOR | |||
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Module Title | |||
Management Accounting CIMA P1 | |||
Reference | BS2371 | Version | 3 |
Created | March 2019 | SCQF Level | SCQF 8 |
Approved | July 2019 | SCQF Points | 20 |
Amended | July 2019 | ECTS Points | 10 |
Aims of Module | |||
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To develop an understanding of budgeting and how analysis of cost and evaluation of risk and uncertainty impact on short-term decision-making in an organisation. |
Learning Outcomes for Module | |
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On completion of this module, students are expected to be able to: | |
1 | Apply a variety of costing methods to support budgeting and decision-making. |
2 | Prepare budgets and forecasts to support planning, control and sensitivity analysis. |
3 | Discuss the concept of budgetary control and the behavioural aspects of budgeting. |
4 | Demonstrate different short-term decision making concepts and techniques for product and pricing decisions that create value or exploit new opportunities. |
5 | Use understanding of risk and uncertainty in the short-term to improve the quality of budgets and short-term decisions. |
Indicative Module Content |
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As per CIMA P1 2019 Syllabus. Cost accounting for decision making and control; Budgeting and budgetary control; Short-term commercial decision-making; Risk and uncertainty in the short-term. |
Module Delivery |
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The mode of delivery is Distance Learning with a focus on the use of interactive online activities. Students have access to a range of online materials and tools to facilitate their learning, including topic guides, online chats, exercises, and discussion fora. |
Indicative Student Workload | Full Time | Part Time |
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Contact Hours | 35 | 35 |
Non-Contact Hours | 165 | 165 |
Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
TOTAL | 200 | 200 |
Actual Placement hours for professional, statutory or regulatory body |   |   |
ASSESSMENT PLAN | |||||
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If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
Component 1 | |||||
Type: | Examination | Weighting: | 100% | Outcomes Assessed: | 1, 2, 3, 4, 5 |
Description: | Component one is the CIMA P1 Operational level exam. |
MODULE PERFORMANCE DESCRIPTOR | |
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Explanatory Text | |
The module is assessed by one component: C1 - Examination - 100% weighting. This module is not graded. After a student has sat the CIMA examination, CIMA then provides the student with the result. This is recorded as P (Pass) after confirmation of a Pass mark has been received from CIMA. | |
Module Grade | Minimum Requirements to achieve Module Grade: |
Pass | Demonstrates that the learning outcomes have been met. |
Fail | Fails to demonstrate that the learning outcomes have been met. |
NS | Non-submission of work by published deadline or non-attendance for examination |
Module Requirements | |
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Prerequisites for Module | To have passed the CIMA certificate level examinations or equivalent. |
Corequisites for module | None. |
Precluded Modules | None. |
ADDITIONAL NOTES |
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Core module content is provided online and comprises material from CIMAstudy.com, published by CIMA and Kaplan. |
INDICATIVE BIBLIOGRAPHY | |
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1 | DRURY, C., 2021. Management and cost accounting. 11th ed. Andover: Cengage Learning. |
2 | KAPLAN, 2019. CIMA Complete Text: P1 Management Accounting. Kaplan Publishing, Berkshire |