Introductory description

N/A.

Module web page

Module aims

Outline syllabus

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

Introduction of recent development in management accounting
Strategic management accounting and strategic cost management
Design of management control system Budgeting and beyond budgeting
Organisational and social aspects of management accounting

Learning outcomes

By the end of the module, students should be able to:

• demonstrate understanding of using accounting information for decision making and management control within business organisations.
• critically evaluate alternative management accounting tools and techniques in different organisational settings
• critically discuss academic papers to understand the evolvement of management accounting techniques
• analyse case material to understand the application of management accounting techniques.

Indicative reading list

The course is underpinned by chapters from the following text:
Drury, Colin, (2017) Management and Cost Accounting (10th Edition) Cengage
The following texts may also be recommended for additional reading and support for sessions which are not covered by the core book above:
Kaplan, R. and Atkinson, Advanced Management Accounting (3rd edition), Prentice Hall.
W. Seal, R.H. Garrison and E.W. Noreen (2015) Management Accounting, 5th Edition, McGraw Hill.
Hopper, T., Northcott, D. and Scapens, R (2007) Issues in Management Accounting, 3rd Edition, Prentice Hall.
Hoque, D. (2003) Strategic Management Accounting, 2nd Edition, Pearson Prentice Hall.

Current research may also be found in such journals as Management Accounting Research (MAR, UK); Journal of Management Accounting Research (JMAR, US); Journal of Cost Management (JCM, US); Accounting Organisations and Society (AOS); Critical Perspectives in Accounting (CPA); Harvard Business Review (HBR), Information and Organization (IO) and Accounting Auditing and Accountability Journal (AAAJ). Accounting Historians Journal (AHJ), Practitioner's articles may also be found in the CIMA journal Financial Management and in the US journal Management Accounting.

Subject specific skills

Understand the benefits of strategic management accounting relative to traditional management accounting.
Understand the different types of management control mechanisms.
Design a balanced performance measurement system in various contexts.

Transferable skills

Develop analytic, problem-solving and group work skills.