Subject details

At the completion of this subject students will be able to:

  1. Explain the roles of management accounting in planning, control and decision-making.
  2. Explain the differences between the various costing systems used by organisations for control, planning and decision-making and be able to calculate product costs using conventional and contemporary approaches to costing.
  3. Identify the information needs of and produce financial analyses and reports to support management analysis of and decisions on costing, cost estimation, pricing, profitability analysis, product mix, working capital and outsourcing.
  4. Develop budgets and long-term financial plans.
  5. Evaluate types of organisational structures including concepts for responsibility accounting, authority delegation and control.

  • Topics

    • 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)

  • Study resources

    • Instructional Methods

      • Disscusion forum/Discussion Board
      • Online assignment submission

    • Online Materials

      • Resources and Links
      • Printable format materials

Entry Requirements

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.

  • Assignment 1 - Continuous Assessment (25%)
  • Assignment 2 - Essay 1200 words (25%)
  • Assignment 3 - Invigilated Exam - 2 hours (50%)

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a subject.

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