This module commences with an introduction to control systems within an organisational context with reference to motivation, contingency planning and ethics. Organisation resources, strategy and financial investment are discussed and applied to a case study within an overarching project. The details of the project will be brought together using appropriate project management software. You will study a range of key performance indicators including that of quality and the associated quality assurance systems. Finally the role of the auditor and audit systems will be addressed and the relationship between the auditor and levels of senior management and internal auditors is explored.

When studied as part of the MSc International Accounting and Financial Management, 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.

3000 words assignment weighted at 100%.

The learning strategy for the module requires students to commit 200 learning hours (including assessment) of this there will be 39 hours of class support and 161 hours of independent and self- directed study.
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.

20 hours of tutor lead sessions

19 hours of student-centred learning sessions

There will be lectures to deliver the core material, as well as smaller group sessions, including problem solving, discussion and workshop type delivery. Students will be expected to complete the case studies/ exercises and directed learning in the independent learning time.

1. Critically analyse the essential elements of a control system and the activities which constitute the management control process.

Knowledge and Understanding, Analysis.

2. Critically evaluate the use of various performance measurement systems.

Knowledge and Understanding, Application, Analysis, Learning, Communication.

3. Comprehensive understanding of the advanced theoretical concepts and management of the internal audit process and the roles and responsibilities of the internal auditor.

Communication, Learning, Reflection.

Module study guide

The University Library and Learning Resources – books and academic journals

The module VLE

Electronic data bases

Learning support materials

Internet

Epstein, M.J., Verbeeten, F.H.M. and Widener, S.K. (Editors) (2018) Performance Measurement and Management Control: The Relevance of Performance Measurement and Management Control Research: 33 (Studies in Managerial and Financial Accounting, 33), Emerald Publishing

Simons, R. (2013) Performance Measurement and Control Systems for Implementing Strategy Text and Cases: Pearson New International Edition PDF eBook

Hutzschenreuther, J. (2009) Management control in small and medium sized enterprise: Indirect control. Gabler Pub.

This module commences with an introduction to control systems within an organisational context with reference to motivation, contingency planning and ethics. Organisation resources, strategy and financial investment are discussed and applied to a case study within an overarching project. The details of the project will be brought together using appropriate project management software. You will study a range of key performance indicators including that of quality and the associated quality assurance systems. Finally the role of the auditor and audit systems will be addressed and the relationship between the auditor and levels of senior management and internal auditors is explored.