Pre-requisites: Students must have passed Level 4 Management Accounting or equivalent

1. Analyse and apply costs estimation techniques in business organisation contexts
Analysis
Knowledge and Understanding
Learning

2. Evaluate cost and revenue information and costing methods for management decision-making purposes
Application
Communication
Knowledge and Understanding
Learning

3. Apply management accounting methods for decision making, planning and control within business organisation contexts
Application
Communication
Knowledge and Understanding
Learning
Reflection
Problem Solving

4. Apply and evaluate how performance measurement and management systems and how they support control
Application
Communication
Knowledge and Understanding
Learning
Problem Solving
Reflection

Examination, length 1.5 hours plus 10 minutes reading time weighted at 50%. The examination will assess Learning Outcomes 1 and 2.

Plus

Examination, length 1.5 hours plus 10 minutes reading time weighted at 50%. The examination will assess Learning Outcomes 3 & 4.

Formative assessment will be provided throughout the module. Digital tools will be used to enhance learning.

You will build on the skills you have learnt in your first year and focus on decision-making techniques such as, multi-stage cost allocation, marginal and absorption costing and activity-based costing. You will study investment appraisal and planning, as well as control and performance evaluation such as budgeting and variance analysis.
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, 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.
The focus of this module is on various costing techniques, decision making techniques, budgeting and control and performance measurement and control.

When studied as part of the BA (Hons) Accounting and Finance, 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

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.

CIMA1: Operational paper P1-Management Accounting (study text for exams in 2015 and 2016) BPP.
CIMA2: Management paper P2- Advanced Management Accounting (study text for exams in 2015 and 2016) BPP.
ACCA: Paper F5- Performance Management (study text for exams in 2015 and 2016) BPP.

Recommended text:
Seal, W., Rohde, C., Garrison, R, and Noreen, E., (2015) Management Accounting. 5th ed. McGraw-Hill International (UK) Ltd.
Weetman, P., (2010) Management Accounting. 2nd edition, Prentice Hall.

Module study guide and handbook
The University Library and Learning Resources (books and academic journals)
The module VLE
Learning support materials and booklets
Internet
Microsoft Office Excel
Microsoft Office PowerPoint
Padlet and other digital feedback mechanisms
Computer based quizzes
Screencast
Directed video resources

You will build on the skills you have learnt in your first year and focus on decision-making techniques such as, multi-stage cost allocation, marginal and absorption costing and activity based costing. You will study investment appraisal and planning, as well as control and performance evaluation such as budgeting and variance analysis.