Module Identifier AC10210  
Academic Year 2006/2007  
Co-ordinator Mr Teerooven Soobaroyen  
Semester Semester 2 (Taught over 2 semesters)  
Other staff Dr Kelum N Jayasinghe  
Course delivery Lecture   18 Hours.  
  Seminars / Tutorials   4 Hours.  
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours - at the end of semester 280%
Semester Assessment One assignment at the end of semester 120%
Supplementary Exam2 Hours  100%

Learning outcomes

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


The aim of this module is to provide students with the basic knowledge of cost and management accounting practices and their applications within organisations. This involves the provision and interpretation of information to assist managers in planning, controlling, taking decisions and appraising performance.

Brief description

This module is intended to provide students with a basic understanding of cost and management accounting concepts and their application within organisations.


Context and proposes of cost and management accounting
Cost terms and concepts
Absorption and marginal costing
Cost volume profit analysis
Relevant costs in short-term decision-making
Budgeting process and budgets in organisations
Standard costing and variances
Working capital management

Transferable skills

The module also aims to assist students to develop their personal transferable skills by encouraging them to

Reading Lists

** Recommended Text
Drury, C Management Accounting for Business 3rd edition. Thomson Learning
Drury, C Management and Cost Accounting, 6 edition. Thomson Learning
** Supplementary Text
Atrill & McLaney Accounting and Finance (for Non-Specialists)
Horngren, et al Management and Cost Accounting
T Lucey Management Accounting,


This module is at CQFW Level 4