MAN-30045 - Management Accounting

Coordinator: Tracy E Clewlow Room: DW 1.49 Tel: +44 1782 7 33107

Lecture Time: See Timetable...

Level: Level 6

Credits: 15

Study Hours: 150

School Office: 01782 733094

Programme/Approved Electives for 2020/21

None

Available as a Free Standing Elective

Co-requisites

None

Prerequisites

MAN-20049 Cost and Management Accounting

Barred Combinations

None

Description for 2020/21

This module will develop the knowledge and understanding of management accounting concepts and techniques acquired in Year 2 (Level 5) module: Cost and Management Accounting. Students will develop knowledge from prior studies and learn to apply key principles and techniques of management accounting to decision making situations. These include:
Multiple breakeven charts and profit volume charts.
Decisions involving limiting factors, multiple limiting factors.
External pricing decisions.
Internal charging and transfer pricing.
Relevant costs for decision making.
Risk, uncertainty and sensitivity.
Advanced aspects of investment appraisal.
Behavioural and social aspects of management accounting.
In addition, students will acquire knowledge to critically appraise the nature of decision making and evaluate the roles of accounting in decision making. The module aims to develop knowledge and skills to obtain exemptions from professional accounting examinations. Transferable skills and graduate attributes will be fostered.

Aims

This module will develop the knowledge and understanding of management accounting concepts and techniques acquired in Cost and Management Accounting. Students will be able to apply the principles of management accounting to decision making situations.

Intended Learning Outcomes

explain and evaluate key concepts of management accounting: 1,2
assess the behavioural and social aspects of management accounting including environmental accounting: 1,2
apply the principles of management accounting to decision making situations (e.g. external pricing, internal charging and transfer pricing): 1,2
critically assess the role of risk, uncertainty and sensitivity in management accounting: 2
critically appraise the nature of decision making and evaluate the roles of management accounting in decision making (limiting factors, make or buy decisions, pricing): 2

Study hours

Lecture 18 hours
Tutorials 6 hours
Private Study 126 hours
Exams 3.5 hours
Mid-term Assessment 2 hours
Final Examination 2 hours

School Rules

For students to be able to use this module to support professional body accreditation they will also need to have studied MAN-10015 Accounting Principles, MAN-20049 Cost and Management Accounting and also plan to study MAN-30046 Advanced Management Accounting in Semester two

Description of Module Assessment

1: Exam weighted 40%
1.5 hour unseen closed computer based assessment (CBA) - Online Exam
Mid term assessment - Assessment 1 is a 90-minutes computer-based test which will be available on KLE for 24-hours to answer and submit your answers. Students should know that they will have 24-hours access to their computer-based test, but when they start the test they should finish and submit their answer in 90-minutes, otherwise the KLE will submit their answer automatically via KLE. Answers should be as accurate and concise as possible.

2: Exam weighted 60%
2 hour unseen exam - Online Exam
Final examination - Assessment 2 is a take-away exam which will be available on KLE for 24-hours to answer and submit your answer via Turnitin File. Although students have been given significant time to complete this exam script, we expect most students to spend no more than 3 hours to complete and submit their answers via Turnitin (with a maximum of 3000 words). Answers should be as accurate and concise as possible.

MAN-30045 - Module Specification Keele Business School Faculty of Humanities and Social Sciences

MAN-30045 - Module Specification
Keele Business School
Faculty of Humanities and Social Sciences