This module is an introductory management accounting course. It is designed to provide students with a foundation in the preparation, selection and application of management and cost accounting information. The aim of the module is to develop the knowledge and skills of learners to select management and cost accounting techniques appropriate to particular circumstances, to apply these management and cost accounting techniques and to interpret the information generated by them.
The role of management and cost accounting;
Cost classifications and behaviour;
Cost-volume-profit analysis;
Information for decisions;
Relevant Costing;
Determination of product costs;
Issues of overhead allocation including absorption costing, marginal costing and activity based costing;
The budgeting process; Standard costing and variance analysis.
Learners will be exposed to formal lectures and will also be expected to engage in class discussions. The ability to apply the concepts and exercise judgment will be developed by problem solving and case work. Feedback and support will be given in order to identify and solve problems
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 70 |
| Other Assessment(s) | 30 |