The aim of this module is to develop the knowledge so they can apply appropriate management accounting techniques to evaluate information within the planning, control and decision-making contexts of organisations building key skills in the learner.
The business environment requires students to have a solid grounding in the strategic nature of internal accounting. A solid grounding in the principles of cost and management accounting facilitates effective planning, control and decision making within an organisation.
This course is relevant to any student who will operate at a management level in a business.
The role of management accounting
Accounting for material, labour and overhead costs
Product costing using absorption costing techniques
Product costing using activity based costing techniques
Marginal Costing and C-V-P analysis
Short term decision making including relevant costing and limiting factors
Capital investment appraisal for long-term decision making
Budgeting and the use of budgets to control operations
Variance Analysis
Participants will be exposed to an on-line learning environment. The course will be delivered via a VLE and will consist of spoken presentations, interactive notes and worksheets along with problem-solving questions, case studies and on-line electronic quizzes.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Other Assessment(s) | 100 |