AF2S120 - Accounting for Managers 01 Sep 2022 - 31 Aug 2028 | Version 2
Associated Module Information
| Module Code: | AF2S120 | ||
|---|---|---|---|
| Module Title: | Accounting for Managers | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Alison Lane, Louise Miles | ||
| Module Team: | Rebecca Wright, Claire Wright, Rob Seager, Sarah Saunders, Ruth Ferguson, Adrienne Evans | ||
| First Intended Intake: | SEP 2015 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 5 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100836 - management accountancy | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 2 |
|---|---|
| Valid From | 01 Sep 2022 |
| Valid To | 31 Aug 2028 |
Module Aims
To develop knowledge and understanding and the ability to apply financial and management accounting information in an organisation to support planning, control decision-making.
Content Summary
The analysis and application of financial information to support planning – standard costing, budget preparation and alternative approaches to accounting for overhead costs. Cost management in a competitive environment.
The importance of financial information to help maintain financial control – flexible budgeting and variance analysis
The application of financial information in a decision making context – cost volume profit analysis, ‘what if’ scenarios, incremental analysis – relevant costing.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes and workshops | 36 |
| Independent Study | 80 |
| Directed Study | 84 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Identify and explain the nature, sources and purpose of financial information in a management accounting context |
| LO2 | Apply management accounting information to support planning, control and decision making in a business context |
Module Requisites
| Code | Title | Requisite Type |
|---|---|---|
| MOD007980 | The Management of Financial Information | pre-requisite |
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Onsite Assessment (Exam) | Onsite Open Book Examination 1 | Management accounting theory and techniques - longer form | 120 | N/A | 60 | No | 40 |
| Synchronous Onsite Assessment | Classroom Test - Time Constrained (Onsite) 1 | Management accounting theory and techniques - short form | 60 | N/A | 40 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Onsite Open Book Examination 1 | ✔ | ✔ | |
| Classroom Test - Time Constrained (Onsite) 1 | ✔ | ✔ | |