| Module Identifier |
AC30210 |
| Module Title |
MANAGEMENT ACCOUNTING 2: TECHNIQUES FOR DECISION-MAKING |
| Academic Year |
2001/2002 |
| Co-ordinator |
Ms Megan Williams |
| Semester |
Semester 2 |
| Pre-Requisite |
AC30110 |
| Course delivery |
Lecture | 12 Hours |
| |
Tutorial | 4 Hours |
| Assessment |
Course work | | 20% |
| |
Exam | 2 Hours | 80% |
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:
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identify and distil the key issues covered by lectures, tutorials and recommended readings
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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
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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
Learning outcomes
Having completed this module, student should be able to:
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identify the decision scenario and the appropriate technique(s)
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specify the technique’s required inputs
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interpret the output and be able to recognise and criticise the technique's limitations.
Content
Outline Syllabus:
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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