Learn about advanced aspects of management accounting including different costing methods, issues relating to management control, and decision making.
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Credits
20
Module code
BU22002
What you will learn
In this module, you will:
discuss advanced aspects of management accounting including different costing methods, such as job, batch, process, and activity-based costing
discover techniques to help management control company operations, such as variance analysis and advanced aspects of breakeven analysis
learn techniques to facilitate optimal decision making.
By the end of this module, you will:
be able to identify and analyse appropriate costing methods for different business contexts
understand different management accounting techniques required for planning and control
use a wide-range of management accounting techniques to support decision-making in organisations
be able to communicate in a clear, concise manner to senior executives about the performance and operation of their company
be aware of how various management accounting techniques are used in different sectors and across different countries.
Assignments / assessment
Class test (20%)
Involving a management accounting scenario
Final week of Semester 2
Final exam (80%)
Exam lasts 2 hours
During main exam diet
Teaching methods / timetable
You will learn by taking a hands-on approach. This will involve taking part in tutorials and practical sessions. Learning material is provided through videos, review notes, examples, and tutorial questions, including presentations and demonstrations.
Week
Topics covered
1
Introduction and traditional overhead allocation
2
Activity-based costing
3
Job costing
4
Process costing
5
Joint and by-product costing
6
Reading week
7
Management control systems
8
Standard costing and variance analysis
9
Cost-volume-profit analysis, limiting factors, and operational gearing
10
Throughput accounting and Advanced Breakeven Analysis