Module Information

Module Identifier
Module Title
Academic Year
Semester 2 (Taught over 2 semesters)
Other Staff

Course Delivery

Delivery Type Delivery length / details
Lecture 36 Hours. 18 1-hour lectures per semester
Seminars / Tutorials 8 Hours. 4 1-hour tutorials per semester


Assessment Type Assessment length / details Proportion
Semester Assessment One 2000 word report - Set in Semester 1  30%
Semester Exam 2 Hours   - Set in Semester 2  70%
Supplementary Exam 2 Hours   100%

Learning Outcomes

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

  • Discuss and evaluate how costs are constructed via the organisation

* Analyse, select and calculate appropriate costing method in a given situation

* Discuss and evaluate how the choice of costing techniques can impact on accountability and performance measurement

* Explain and evaluate the behavioural aspects of management accounting

* Evaluate and analyse a decision scenario using an appropriate accounting technique

* Discuss and evaluate limitations of accounting techniques

* Evaluate and discuss the impact of working capital management


This module aims to build upon the foundations of management accounting established in module AC10210, to deepen and extend knowledge of fundamental concepts and techniques of management accounting.

Brief description

This module will focus on aspects of accounting which support the exercise of management control and decision making. A thorough grounding in costing techniques will provide students with the necessary foundation for examination of accounting techniques appropriate to pricing and strategic decision making, cost management, planning and control.


  • Management accounting as a control mechanism - behavioural considerations
  • Cost classification
  • Costing: dealing with overheads using absorption costing, marginal costing and activity-based costing
  • Cost accounting - job costing and process costing
  • Effect of costing methods on stock valuation and profit
  • Aspects of performance management
  • Advanced variance analysis
  • Incremental costs and decision making
  • Pricing decisions
  • Decisions under uncertainty
  • Cost estimation and pricing
  • Working capital management

Reading List

General Text
C Drury (2000) Management and Cost Accounting 6th edition Interntaional Thomson Business Press Primo search C Horngren, A Bhimani, G Foster and M Datar (1999) Management and Cost Accounting Prentice Hall Primo search T Lucey Costing 5th edition DP Publications Primo search


This module is at CQFW Level 6