MAN-20049 - Cost and Management Accounting
Coordinator: Thanamas Kungwal Tel: +44 1782 7 34264
Lecture Time: See Timetable...
Level: Level 5
Credits: 15
Study Hours: 150
School Office: 01782 733094

Programme/Approved Electives for 2022/23

None

Available as a Free Standing Elective

Yes

Co-requisites

None

Prerequisites

Pre-requisites: MAN-10015, MAN-10024 or equivalent.

Barred Combinations

None

Description for 2022/23

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: 1,2
evaluate the principles of cost accounting and apply these to relevant practical situations: 2
evaluate the principles of management accounting and apply these to planning and control scenarios: 1,2
identify and analyse the limitations of cost and management accounting techniques: 1,2

Study hours

Lectures 18 hours
Tutorials 6 hours
Private study 122 hours
Mid-term assessment 2 hours
Final examination 2 hours

School Rules

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 exam
Examination (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.