AF2S530 - Management Accounting for Planning and Control 01 Sep 2023 - 31 Aug 2025 | Version 3
Associated Module Information
| Module Code: | AF2S530 | ||
|---|---|---|---|
| Module Title: | Management Accounting for Planning and Control | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Alison Lane, Lucie Corcoran | ||
| Module Team: | Jared Davies | ||
| First Intended Intake: | SEP 2020 | Final Year of Intake: | 2024 |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 5 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100105 - accounting | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 3 |
|---|---|
| Valid From | 01 Sep 2023 |
| Valid To | 31 Aug 2025 |
Module Aims
This module aims to develop analytical, conceptual and technical skills related to financial decision making, performance measurement and the management of costs and revenues.
Content Summary
The context and application of specialist cost and management accounting techniques including activity based costing, target costing, lifecycle costing and cost volume profit analysis, in the provision of information for planning and control.
Planning and performance management, including approaches to budgeting, standard costing systems, variance analysis, the behavioural aspects of performance analysis, and transfer pricing.
The application of quantitative techniques in a management accounting context including cost estimation, the impact of risk and uncertainty and dealing with limiting factors.
Environmental management accounting.
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 | Evaluate and apply alternative theories and practices of management accounting. |
| LO2 | Prepare and analyse management accounting information to aid planning, control and performance management. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Onsite Assessment (Exam) | Onsite Closed Book Examination 1 | Time constrained and unseen exercises undertaken in class, demonstrating the ability to evaluate and apply alternative theories and practices in the preparation of management accounting information. | 120 | N/A | 70 | No | 40 |
| Written Examination | Written Examination - Open Book (Unseen) 1 | To confirm the ability to evaluate and apply alternative theories and practices of management accounting in the preparation and analysis of information to aid planning, control and performance management. | 150 | N/A | 30 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Onsite Closed Book Examination 1 | ✔ | ✔ | |
| Written Examination - Open Book (Unseen) 1 | ✔ | ✔ | |