Management Accounting
How does the management accounting function sit within both a social and organisational context? This module will show you by explaining the need for different types of management accounting information within the wider organisational context. This stimulating module will also help you develop ways to prepare and critically evaluate this information, and help you explore the complex interactions that exist within organisations.
What does the module cover?
Draw on the concepts and techniques of management accounting and strategic management accounting and use them to identify, explain and critically analyse the complex and sometimes unpredictable interactions which exist within organisations. Critically analyse the developments in both the accounting and non-accounting data information to measure organisational performance. And finally, you’ll have the chance to develop your communication skills to present critical analysis on current issues in this area through practical group work sessions.
More Information
Module Code
FE3041
Key topics
- The social and organisational context of management accounting
- The impact of the dynamic changing business environment
- The development of strategic management accounting
- The development of Activity Based Management from Activity Based Costing
- The development of approaches to evaluate risk and uncertainty
- The evaluation of capital projects
- The evaluation of multi-divisional companies
- Performance appraisal
- Transfer pricing
Pre-requisites
FE2028
Number of credits & study time
20 credits / 200 hours
Assessment
In addition to completing a number of formative assessments throughout your coursework, you’ll also need to successfully complete a summative assessment which comes in two parts. Working in groups, the first part requires you to complete a presentation on a specified theme backed up by an individual written report (1,500 words), and counting towards 50% of your final grade. The second part is a 2-hour exam which you’ll need to sit, worth 50%.