IB373-15 Advances in Management Accounting
Introductory description
This is an elective module available for WBS and non-WBS students. To find detailed availability and to apply for this module, log in to my.wbs.ac.uk using your normal IT login details and apply via the my.wbs module application system. Once you’ve secured a place on my.wbs you should apply via your home department’s usual process, which usually takes place via eVision. Note that you do not require the module leader’s permission to study a WBS module, so please do not contact them to request it.
This module is an advanced level management accounting module which builds on previous modules in this subject area. The module revisits and evaluates the traditional tools of management accounting and introduces new tools and ideas which support modern businesses and the strategy of organisations. Key topic areas include strategic cost and revenue management as well as the effects of digitisation and sustainability.
Module aims
The aim of this module is to further develop your understanding of management accounting and management control issues in business organisations, as well as an appreciation of recent developments in management accounting that are designed to meet the needs of business organizations in the 21st century. This module builds on the second-year management accounting module.
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.
- Developments in management accounting
- Strategic management accounting and strategic cost management
- Performance evaluation
- Organisational and social aspects of management accounting
Learning outcomes
By the end of the module, students should be able to:
- Critically evaluate the use of accounting information for decision making and strategic management within business organisations.
- Utilise management accounting tools and techniques to aid strategic management within an organisational context.
- Critically evaluate alternative management accounting tools and techniques in different organisational settings;=.
- Critically discuss academic papers to understand the evolution of management accounting techniques.
- Analyse case material to understand the application of management accounting techniques.
Indicative reading list
Reading lists can be found in Talis
Subject specific skills
Utilise management accounting tools and techniques to aid strategic management within an organisational context.
Transferable skills
Apply analytic, problem-solving and critical evaluation skills.
Study time
| Type | Required |
|---|---|
| Lectures | 10 sessions of 1 hour (7%) |
| Seminars | 9 sessions of 1 hour (6%) |
| Online learning (scheduled sessions) | 1 session of 1 hour (1%) |
| Online learning (independent) | 10 sessions of 1 hour (7%) |
| Private study | 47 hours (31%) |
| Assessment | 73 hours (49%) |
| Total | 150 hours |
Private study description
Private Study.
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 D4
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
Assessment component |
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| Individual Assignment | 20% | 15 hours | Yes (extension) |
Reassessment component is the same |
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Assessment component |
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| Centrally-timetabled examination (On-campus) | 80% | 58 hours | No |
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Exam
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Reassessment component is the same |
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Feedback on assessment
Feedback provided in-class and on my.wbs.
Pre-requisites
To take this module, you must have passed:
There is currently no information about the courses for which this module is core or optional.