Programme/Approved Electives for 2022/23
None
Available as a Free Standing Elective
Yes
Pre-requisites: MAN-10015, MAN-10024 or equivalent.
This module draws on the knowledge, understanding and capabilities acquired by students in the Accounting Principles and Financial and Management Accounting modules. It is intended to develop their knowledge and understanding of cost and management accounting techniques with regard to forecasting, budgeting, and costing. By the end of the module, students should be able to apply the principles of costing in relevant practical situations, apply management accounting principles in planning and control scenarios and be aware of limitations in cost and management accounting techniques.
Aims
To build on the knowledge and understanding acquired in the Accounting Principles and Financial Accounting modules;To develop knowledge and understanding of cost and management accounting concepts and techniques;To engender the ability to apply the principles of management accounting in planning and control scenarios.
Intended Learning Outcomes
expound and apply key concepts in cost and management accounting: 1,2evaluate the principles of cost accounting and apply these to relevant practical situations: 2evaluate the principles of management accounting and apply these to planning and control scenarios: 1,2identify and analyse the limitations of cost and management accounting techniques: 1,2
Lectures 18 hoursTutorials 6 hoursPrivate study 122 hoursMid-term assessment 2 hoursFinal examination 2 hours
Pre-requisites: MAN-10015, MAN-10024 or equivalent.
Description of Module Assessment
1: Class Test weighted 40%1 hour and 30 minutes closed book computer-based test including problem solving questions.Mid-term computer based assessment ¿ a 90 minutes computer-based assessment to be undertaken in a controlled environment, timed and invigilated. Automatic submission at the end of the allocated 90 minutes
The task will be based on material covered in the earlier part of the module.
2: Unseen Exam weighted 60%2 hour closed book examExamination (Exam): An opportunity for students to apply their knowledge and/or understanding under invigilated conditions (2 hours). All examination should take place on campus. All are scheduled centrally by Student Records and Exams.