Management Accounting

• • Management Accounting in Context and Costing Terms
  • Inventory costing and Cost Behaviours
  • Cost-Volume-Profit Analysis
  • Product and service costing - Job Costing
  • Product and service costing - Process Costing
  • Activity based costing and activity based management
  • Decision marking and relevant information and Working Capital
  • Pricing Decisions and Customer Profitability Analysis
  • Master budget and responsibility accounting (Cash Budgets)

You must have successfully completed the following subject(s) before starting this subject:

USA-ACG11-Accounting for Business ;

Special requirements

No special requirements

To provide students with an overview of how management accounting information plays a critical role in organisational planning, controlling, decision-making and learning and to equip students with the conceptual and practical understanding necessary to use and interpret management accounting information.

This subject includes material covering: Management accounting information that creates value; cost terms, concepts and behaviour; product costing systems; job and process costing; overhead costs; ABC; budgeting; standard costing: material and labour; tactical decision-making; cost decision-making and product-mix; CVP analysis and product mix; working capital; organisational structures; reporting for management decision making.

• Continuous Assessment (20%)
• Team Report - 1350 words and presentation (30%)
• Invigilated Exam - 3 hours (50%)