Programme/Approved Electives for 2020/21
Available as a Free Standing Elective
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.
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: 1evaluate 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
11 hours lectures11 hours tutorials40 hours lecture and tutorial preparation 62 hours private study 24 hours examination preparation 2 hour exam
Pre-requisites: MAN-10015, MAN-10024 or equivalent.
1: Exam weighted 70%
Description of Module Assessment
2 hour closed book, unseen examThe examination will be based on material covered in any part of the module. This is not only necessary for accreditation, but is also elementary good practice.2: Computer Task weighted 30%
1 hour and 30 minutes closed book computer-based test including problem solving questions.The task will be based on material covered in the earlier part of the module.