Management Accounting helps you handle financial information in a manner that will enhance the financial and operational performance of a business. It ensures that financial challenges are met and opportunities exploited. By using management accounting techniques you are able to adapt a business to the opportunities and constraints it may face.
This module develops the knowledge acquired in the Level 4 module, Fundamentals of Management Accounting or its equivalent. In this module you will be introduced to cost accounting systems, project appraisal techniques and short-term funding and investment appraisal.
You will study marginal, throughput, absorption and activity based cost accounting systems of profit reporting and stock valuation. You will learn how to calculate and interpret a range of variances, and to distinguish between planning and operational variances. The interpretation of variances and the preparation of reports are also included in this module – these are important skills to master and are essential in a business environment.

The module concludes with investment appraisal techniques, including discounted cash flow methods, relevant to long term planning and decision-making.
When studied as part of the BA (Hons) Accounting and Finance, BA (Hons) Accounting and Business, Two Year BA (Hons) Accounting and Finance, the successful completion of this module may lead to an exemption from a professional accountancy qualification – for up to date information on accreditation and exemptions please contact the Award Leader

1. ANALYSE COSTS IN BUSINESS ORGANISATION CONTEXTS
Analysis
Knowledge & Understanding
Learning

2. APPLY COST ESTIMATION TECHNIQUES IN A RANGE OF BUSINESS SITUATIONS
Application
Communication
Knowledge & Understanding
Learning

3. EVALUATE COST AND REVENUE INFORMATION AND COSTING METHODS FOR MANAGEMENT DECISION-MAKING PURPOSES
Knowledge & Understanding
Learning
Reflection

4.APPLY MANAGEMENT ACCOUNTING METHODS FOR DECISION MAKING, PLANNING AND CONTROL WITHIN BUSINESS ORGANISATION CONTEXTS
Application
Communication
Knowledge & Understanding
Learning
Problem Solving

Module study guide
The University Library and Learning Resources – books and academic journals
The module VLE
Electronic data bases
Learning support materials
Internet
Plus
Microsoft Office Excel
Microsoft Office PowerPoint

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY

BPP CIMA P1 Performance Operations Study Text (2011 syllabus)

246 hours of student centred activities involving reading, self-assessed exercises, excel spreadsheets, case study analysis, feedback and revision. 52 hours of formal lectures/large group activity (26 x 2hrs) and 52 hours of workshops (26 x 2hrs) in which students will engage with a mix of lectures/tutorials/large and small group activities, participate in group activities, including presentations and peer assessment, benefit from visiting guest speakers and undertake formative assessment.

The module allows you to develop and apply Microsoft Office Excel spreadsheet skills via case study based activities – for example, you will be set tasks in which you will be required to use a range of cost accounting systems to report profit and stock valuation.

To enhance your employability and develop your confidence you will have the opportunity to present your own research, understanding and learning on a chosen area of the module in a friendly and informal setting. These presentations are usually accompanied with a PowerPoint presentation, however, students have the opportunity to experiment with alternative presentation software.

There are increased contact hours i.e. above the university standard, to provide essential learning opportunity for students to gain the appropriate level of attainment for professional bodies’ exemption.

Examination, length 1 hour plus 5 minutes reading time weighted at 50%. The examination will assess Learning Outcomes 1 and 2.

Examination, length 2 hours plus 10 minutes reading time weighted at 50%. The examination will assess Learning Outcomes 3 and 4.