Module Identifier AC30110  
Module Title MANAGEMENT ACCOUNTING 1: FUNDAMENTAL CONCEPTS  
Academic Year 2001/2002  
Co-ordinator Mr Huw Rhys  
Semester Semester 1  
Pre-Requisite AC10120 or AC10210  
Course delivery Lecture   17 Hours  
  Seminars / Tutorials   5 Hours 5 hours  
Assessment Course work     20%  
  Exam   2 Hours   80%  

Brief description


This module is concerned with the subject of costing, that is the establishment of budgeted and actual costs for products, activities and processes. The module introduces some of the core concepts of costing: stock valuation, treatment of overheads, job costing, process costing, joint product and by-product costing, marginal (or variable) costing, activity based costing and preparation and uses of budgets.