Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| 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 | |||
|---|---|---|---|
| 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 | |
|---|---|
| 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 |
|---|
| 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 |
|---|
| 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 |
|---|---|---|
| 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 | |||||
|---|---|---|---|---|---|
| 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 | |
|---|---|
| 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 | |
|---|---|
| Prerequisites for Module | To have passed the CIMA certificate level examinations or equivalent. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| ADDITIONAL NOTES |
|---|
| Core module content is provided online and comprises material from CIMAstudy.com, published by CIMA and Kaplan. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 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 |