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Managerial Accounting

  • Module code: BA6321
  • Year: 2018/9
  • Level: 6
  • Credits: 30
  • Pre-requisites: BA5501 Managing Financial Resources or BA5801 Business Accounting
  • Co-requisites: None

Summary

This module develops the topics studied in Managing Financial Resources and is designed to give undergraduate business students an advanced course exploring the provision and use of accounting information in internal management decision making. You will be involved in an active learning approach a nd will be expected to reflect on the purposes and uses of management accounting information, evaluate case study scenarios, discuss theoretical accounting concepts and utilise a range of practical techniques to solve practice questions.

Aims

  • To expand and develop the themes introduced in the second year Financial Resources module
  • To critically analyse and appraise management accounting concepts, taking account of academic research
  • To enable students to apply relevant techniques to practical situations
  • To develop students' numerical fluency and technical expertise in managerial accounting
  • To develop a wider, international perspective of the challenges arising from global competition

     

Learning outcomes

  • Use professional and academic knowledge of management accounting to solve practical business problems
  • Use academic research to critique established concepts and consider emerging techniques in a rapidly changing business environment
  • Explore the role of the accountant with the overall management function
  • Articulate numerically alternative presentations to facilitate management understanding and action

     

Curriculum content

  • The Role of Managerial Accounting
  • Output Decisions
  • Cost Analysis and Estimation
  • Pricing Decisions
  • Budgeting and Control
  • Performance Measurement
  • Application of Techniques

Teaching and learning strategy

The course will be delivered through a series of 2-hour class sessions which will comprise both lecture and practical materials. The class time will be used to introduce topics and for students to apply their knowledge through presentations and case studies. Self-directed learning through other study materials will underpin this. Students will also be expected to read articles from relevant academic journals and critically analyse them in preparation for group discussion. In addition, interactive learning outside of the classroom will by means of web-based communication via Canvas Discussion Boards and working in study groups.

Breakdown of Teaching and Learning Hours

Definitive UNISTATS Category Indicative Description Hours
Scheduled learning and teaching A combination of lectures and workshops 66
Guided independent study 234
Total (number of credits x 10) 300

Assessment strategy

Assessment will be by coursework and examination. The coursework will comprise one piece of written work of between 1,500 and 2,000 words, which will normally take the form of a case study based on one of main topics covered in the course helping to develop both student understanding of the topic and their applications skills of management accounting techniques. The coursework will also enable students to develop their evaluation skills. The exam will be of 3 hours duration will assess knowledge, understanding, application and evaluation skills.

Students will be able to receive formative feedback from the presentations, practical exercises and case studies conducted in the class sessions, to help prepare them for the assessed coursework and exam.

Mapping of Learning Outcomes to Assessment Strategy (Indicative)

Learning Outcome Assessment Strategy
1) Use professional and academic knowledge of management accounting to solve practical business problems. Summative by coursework & exam
2) Use academic research to critique established concepts and consider emerging techniques in a rapidly changing business environment. Summative by coursework
3) Explore the role of the accountant with the overall management function. Summative by coursework & exam
4) Articulate numerically alternative presentations to facilitate management understanding and action. Summative by exam

Elements of Assessment

Description of Assessment Definitive UNISTATS Categories Percentage
Individual assignment Coursework 25%
Examination Written Examination 75%
Total (to equal 100%) 100%

Achieving a pass

It is NOT a requirement that any major assessment category is passed separately in order to achieve an overall pass for the module.

Bibliography core texts

Seal, W., Garrison, R. and Noreen, R. (2011) Management Accounting, (4th edition), McGraw Hill. (ISBN 9780077124861)

Bibliography recommended reading

Atkinson A. Kaplan R., Matsumura E and Young S (latest edition) Management Accounting. Prentice Hall International

Atrill P. and McLaney E. (latest edition) Management Accounting for Decision Makers, Prentice Hall

Bhimani, A., Horngren, C., Datar, S. and Foster, G. (latest edition) Management and Cost Accounting, Harlow: Pearson Education

Drury C. (latest edition) Management and Cost Accounting, Thompson Learning

Hilton R., Maher M. and Selto F. (latest edition) Cost Management: strategies for business decisions, McGraw-Hill

Weetman P. (latest edition) Management Accounting: An Introduction, Prentice Hall Europe

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