Module Identifier

AC30110

Module Title

MANAGEMENT ACCOUNTING 1: FUNDAMENTAL CONCEPTS

Academic Year

2008/2009

Co-ordinator

Ms Jennifer R Lane

Semester

Intended for use in future years

Pre-Requisite

AC10120

Course Delivery

Delivery Type	Delivery length / details
Lecture	16 Hours.
Seminars / Tutorials	5 Hours.

Assessment

Assessment Type	Assessment length / details	Proportion
Semester Assessment		20%
Semester Exam	2 Hours	80%
Supplementary Exam	3 Hours	100%

Learning Outcomes

On successful completion of this module students should be able to:

understand how costs are constructed via the organisation and selection of costing information, and the application of costing techniques for accounting and performance management,

* students will also have gained an understanding of some of the behavioural aspects of management accounting.

Brief description

This module focuses on two aspects of accounting which support the exercise of management control:

Costing
Cost management

Content

1. Management accounting as a control mechanism - behavioural considerations.
2. Cost classification.
3. Costing - dealing with overheads using:
a. Absorption costing.
b. Marginal costing
c. Activity-based costing
4. Cost accounting - job costing and process costing.
5. Effect of costing methods on stock valuation and profit.
6. Aspects of performance management.

Notes

This module is at CQFW Level 6