AF1S524 - Management Accounting 01 Sep 2020 - 31 Aug 2026 | Version 1
Associated Module Information
| Module Code: | AF1S524 | ||
|---|---|---|---|
| Module Title: | Management Accounting | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Jared Davies | ||
| Module Team: | Louise Miles, Simon Mccarthy, Kristy Elias | ||
| First Intended Intake: | SEP 2020 | Final Year of Intake: | 2024 |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 4 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100836 - management accountancy | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 1 |
|---|---|
| Valid From | 01 Sep 2020 |
| Valid To | 31 Aug 2026 |
Module Aims
The module aims to provide an introduction to the objectives and techniques of management accounting in a business context.
Content Summary
Introduction to management accounting, its nature, scope and context in organisations.
Introduction to cost terms and concepts including cost behaviour.
Use of the main costing systems including traditional, direct (variable/marginal) and activity based costing.
The application of management accounting techniques in business decision making including the use of cost volume profit analysis.
The application of management accounting techniques used in planning and performance measurement including, standard costing, cash budgeting, flexible budgeting and variance analysis.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes and workshops | 44 |
| Independent Study | 56 |
| Directed Study | 96 |
| Formative Assessment - Scheduled | 4 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Explain the fundamentals of management accounting in organisations. |
| LO2 | Apply management accounting techniques in a business context. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Onsite Assessment | Time-constrained assessment (Onsite) 1 | Time constrained exercises undertaken in class demonstrating knowledge, understanding and application of management accounting techniques in a business context. | 120 | 2000 | 50 | No | 40 |
| Synchronous Onsite Assessment (Exam) | Onsite Closed Book Examination 1 | The examination will test overall knowledge, understanding and application of management accounting techniques in a business context | 120 | N/A | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Time-constrained assessment (Onsite) 1 | ✔ | ✔ | |
| Onsite Closed Book Examination 1 | ✔ | ✔ | |