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Management Accounting

Overview

  • Credit value: 15 credits at Level 5
  • Convenor: Karin Shields
  • Tutor: Stephen Kataya 
  • Assessment: a mid-term test (25%) and a final unseen examination (75%)

Module description

This module covers the nature and classification of costs, break-even analysis, allocation of overheads, preparing and using budgets, variance analysis and investment appraisal. It discusses the use of accounting data and information in the planning and control functions of management and the decision-making process; the application of different management accounting techniques; and the role of management accounting within the overall function of management.

    Learning objectives

    By the end of this module, you will be able to:

    • explain the role of management accounting within an organisation and the needs for management information
    • understand the principles of costing and apply them in straightforward scenarios
    • understand the basic principles of performance management
    • understand the basic principles of budgeting and apply them.