ACC-40002 - Module Specification
Keele Business School
Faculty of Humanities and Social Sciences

Programme/Approved Electives for 2020/21

Available as a Free Standing Elective

Co-requisites

None

Prerequisites

None

Barred Combinations

N/A

Description for 2020/21

This module introduces globalalisation and its implications for MNCs¿ accounting and control issues. Issues such as time-horizon of decision making in global markets, corporate governance, organisation cultures and structures on decision making in MNCs will be explored together with contemporary approaches to strategic performance evaluations and control, balance score cards and activity-based costing.

The main aim of this module is to make students aware of the issues of accounting, performance evaluation and control issues, with their implications for management behaviour, in multinational companies, operating in dynamic and turbulent global financial and product markets.
This includes issues surrounding global financial markets and its relevance to time framework for decision making and to alternative corporate governance systems. Alternative strategic performance evaluation measures to traditional management control systems will be also be examined, together with their implications for international operating budgeting and foreign currency risk exposures.
The secondary aim of the module is to familiarize students with reading and reviewing relevant academic literature in international management control and accounting and to enhance their engagement in further research, experiments and academic writing.

Intended Learning Outcomes

critically evaluate the role of management accounting and control in organisations and their complex management processes: 1,2
apply new international management control tools in multinational companies and across the globe: 1,2
critically assess and discuss major global financial issues of management accounting and control in multinational companies: 1,2
appreciate the reasons for the differences in management accounting and control practices in different sectors/organisations and countries: 1,2

Study hours

24 hours of lectures and tutorials
56 hours directed reading and class preparation
70 hours independent study and assessment preparation

School Rules

None

Description of Module Assessment