IB98W-15 Management Accounting & Control
Introductory description
The module provides an in-depth analysis of the major techniques and processes involved in modern management accounting.
Module aims
In this module we will focus on on both tools and techniques which are well established and used by management accountants in organisations to aid planning, decision making and control. and we also look at how management accounting has changed to respond to dynamic changes in the business environment and the way management accounting information can be used to affect behaviour.
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.
The module will include some or all of the following topics:
Management accounting and control: framework and perspectives in a modern business environment
Performance measurement and management
Budgeting for planning and control purposes
Traditional Costing Systems
Strategic Management Accounting tools
Learning outcomes
By the end of the module, students should be able to:
- Discuss how management accounting has responded to changes in the business environment
- Examine and critically assess the role of management accounting information in the modern business environment
- Analyse the tools and techniques used by management accountants
- Critically evaluate the usefulness of management accounting tools in aiding decision making and control and evaluating performance.
- Critically discuss academic papers to understand the evolution of management accounting techniques
Indicative reading list
Drury, Colin, (2017) Management and Cost Accounting (10th Edition) Cengage
Merchant, K. and Van der Stede, W. (2007) Management control systems: performance measurement, evaluation and incentives (2nd edition), Prentice Hall
Emmanuel, C., Otley, D. and Merchant, K. (1990) Accounting for management control (2nd edition), Thompson Learning.
Kaplan, R. and Atkinson, Advanced Management Accounting (3rd edition), Prentice Hall.
Subject specific skills
Utilise management accounting tools and techniques to solve problems of a management control/ performance measurement nature within a modern organisational context
Apply a wide range of management accounting tools to a range of organisational contexts
Analyse case material to critique the application of management accounting techniques
Transferable skills
Written communication
Problem solving, reasoning and logical analysis
Study time
| Type | Required |
|---|---|
| Lectures | 10 sessions of 2 hours (13%) |
| Seminars | 10 sessions of 1 hour (7%) |
| Private study | 48 hours (32%) |
| Assessment | 72 hours (48%) |
| Total | 150 hours |
Private study description
Self-study to include pre-reading for lectures
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group D5
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
Assessment component |
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| Group Report | 20% | 14 hours | No |
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2000 word group report |
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Reassessment component is the same |
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Assessment component |
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| In-person Examination | 80% | 58 hours | No |
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Reassessment component is the same |
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Feedback on assessment
Feedback via My.WBS
Courses
This module is Optional for:
- Year 1 of TIBS-N4N3 MSc in Accounting and Finance