Module Identifier |
AC30210 |
Module Title |
MANAGEMENT ACCOUNTING 2: TECHNIQUES FOR DECISION-MAKING |
Academic Year |
2004/2005 |
Co-ordinator |
Ms Megan R Williams |
Semester |
Intended for use in future years |
Next year offered |
N/A |
Next semester offered |
N/A |
Pre-Requisite |
AC30110 |
Course delivery |
Lecture | 12 Hours |
|
Seminars / Tutorials | 4 Hours |
Assessment |
Assessment Type | Assessment Length/Details | Proportion |
Semester Exam | 2 Hours | 80% |
Semester Assessment | | 20% |
|
Learning outcomes
Having completed this module, student should be able to:
-
identify the decision scenario and the appropriate technique(s)
-
specify the technique?s required inputs
-
interpret the output and be able to recognise and criticise the technique''''s limitations.
Brief description
This module is designed to give a detailed understanding of the accounting techniques appropriate to strategic decision making, planning, and control issues.
Aims
This module aims to give students a practical grasp of management accounting techniques, whilst building on prior knowledge learnt during their first year of study.
The module also aims to assist the development of a variety of personal transferable skills by encouraging students to:
-
identify and distil the key issues covered by lectures, tutorials and recommended readings
-
develop basic information accessing and research skills; discriminate between relevant and irrelevant information for the purposes of decision making; analyse data, apply judgement and solve problems
-
communicate effectively both orally and in writing; participate actively in tutorials either by leading discussions or responding to issues raised; and work under pressure and meet deadlines
Content
Outline Syllabus:
-
advanced variance analysis
-
incremental costs and decision making
-
decisions under uncertainty
-
cost estimation and pricing
-
working Capital Management
Reading Lists
Books
C Drury Management and Cost Accounting
5th edition. Business Press, Thomson Learning
Notes
This module is at CQFW Level 6