Overview

The module is taught over 2 semesters and covers budgets and pricing for planning. Decision making including through put accounting. Standard costing and budgetary systems to help control the organisation and various aspects of performance measurement. These provide the student with the knowledge to apply advanced management accounting techniques in organisations.

Assessment Strategy

-threshold -D- to D+ (40-49%) Techniques are applied mechanically with few errors but with only limited additional insight beyond basic lecture content. There is limited evidence of reading beyond the main course text.

-good -B- to B+ (60-69%) Techniques are applied methodically and some consideration is shown to the organisational context. There is evidence of more widespread reading but there may still be some lack of sophistication in the matching of techniques to problems.

-excellent -A- to A* (70% +) A high level of computational competence is backed by detailed analysis of problems and consideration of the appropriateness of the techniques used. There is evidence of widespread reading together with an innovative and insightful solution to the demands of the organisational environment.

-another level-C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fairintegration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.

Learning Outcomes

• Critically evaluate and also apply a range of specialist cost and management accounting techniques.

• Critically evaluate and discuss in depth the application of a variety of budgetary systems in various organisations.

• Discuss how management accounting can provide support for corporate strategic aims.

• Evaluate and apply the different management accounting techniques used in planning, control and decision-making within organisations.

• Evaluate and discuss basic and advanced variances in a standard costing system. Calculate the variances including mix and yield and planning and operational variances and discuss the impact on the company.

• Evaluate the measurement of organisational and divisional performance in the private and public sectors, including an explanation of the effect of transfer pricing methods upon organisational and divisional making and be able to calculate the returns