Advanced Management Accounting
| Code | School | Level | Credits | Semesters |
| BUSI3185 | Business | 3 | 20 | Full Year UK |
- Code
- BUSI3185
- School
- Business
- Level
- 3
- Credits
- 20
- Semesters
- Full Year UK
Summary
This module will discuss some or all of the following topics:
Pricing decisions and profitability analysis; Measuring business performance; Strategic management accounting (including strategic cost management); Issues in management accounting and control; Current issues in management accounting.
Target Students
Part II undergraduate students who have taken BUSI2147.Available to exchange students.
Co-requisites
Modules you must take in the same academic year, or have taken in a previous year, to enrol in this module:
Classes
- One 2-hour seminar each week for 6 weeks
- One 1-hour-30-minute lecture each week for 22 weeks
Lectures: 33 hours Seminars: 12 hours Preparation for seminars: 24 hours Reading and question practice: 69 hours Assessment preparation: 62 hours
Assessment
- 50% Coursework: Individual coursework (2,000 words). Reassessment for this module is 100% exam.
- 50% Exam (2-hour): Exam (2 questions out of 3)
Assessed by end of spring semester
Educational Aims
The module builds on the knowledge and understanding gained in ‘Fundamentals of Finance and Management Accounting’ and ‘Management Accounting’ to facilitate a critical understanding of advanced computational, practical and theoretical issues in management accounting.Learning Outcomes
Knowledge and understanding: This module develops a knowledge and understanding of:
• The dynamic and changing nature of business and the consideration of the future organisations within the global business environment, including the management of risk.
• The management of customer expectations, relationships and development of service excellence.
• The use of accounting and other information systems for planning, control, and decision making.
• The management of resources.
• The management of quality systems.
• The development, management, application and implementation of information systems and their impact upon organisations.
• The comprehension and use of relevant communications for application in business and management including the use of digital tools.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The development of strategic priorities to deliver business at speed in an environment where digital technology has reshaped traditional revenue and business models.
• Decision analysis, performance measurement and management control.
Intellectual skills: This module develops
• The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
• Conceptual and critical thinking, analysis, synthesis and evaluation.
Professional practical skills: This module develops:
• Numeracy and quantitative skills to manipulate data, evaluate, estimate and model business problems, functions and phenomena.
• Qualitative skills, including the ability to work with case studies.
Transferable (key) skills: This module develops:
• Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time.
• Articulating and effectively explaining information.