The module aims to increase students' knowledge of the theory and practice of management accounting and to build on study of this topic in earlier years, especially to extend and complement the material covered in the second year Management Accounting (ACFI 203). An important part of the module is reviewing of the various theoretical approaches which have been adopted or proposed for the development of management accounting and management decision-making.  Also, detailed materials on the practice of management accounting will be provided and explored in lectures and workshops.  The module thus presents management accounting in a broad context of organisational management and control.

(LO1) Students will be able to evaluate the different approaches to performance management.

(LO2) Students will be able to evaluate the behavioural and financial impact of transfer pricing on performance management.

(LO3) Students will be able to examine and practice various specialist costing and management accounting techniques.

(LO4) Students will be able to identify and evaluate the impact of contemporary issues on management accounting practice.

(S1) Adaptability

(S2) Problem solving skills

(S3) Numeracy

(S4) Commercial awareness

(S5) Teamwork

(S6) Organisational skills

(S7) Communication skills

(S8) IT skills

(S9) International awareness

(S10) Lifelong learning skills

(S11) Ethical awareness

Teaching Method: Lecture
Description: 2 hour session
Scheduled Directed Student Hours: 24
Attendance Recorded: No

Teaching Method: Seminar
Description: Bi-weekly face to face session
Scheduled Directed Student Hours: 6
Attendance Recorded: Yes

Self-Directed Learning Hours: 120
Description: These independent learning hours are aimed at supporting the directed student learning. The module leader will provide guidance in the form of suggested readings and topics to examine with the expectation that students are well prepared to contribute to the tutorial activities and to understand the content of lectures. Self-Directed Learning will include research activity, developing academic writing skills, and wider reading to support the module

Costs Information:
Students may be required to purchase a textbook

There are the following non-modular requirements:
ACFI203 or ACFI204

Skills/Other Attributes Mapping

Skills / attributes: Ethical awareness
How this is developed: Taught
Mode of assessment (if applicable): Coursework

Skills / attributes: Lifelong learning skills
How this is developed: Taught
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: International awareness
How this is developed: Taught
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: IT skills
How this is developed: Taught
Mode of assessment (if applicable): Coursework

Skills / attributes: Communication skills
How this is developed: Taught
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Organisational skills
How this is developed: Taught
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Teamwork
How this is developed: Taught
Mode of assessment (if applicable)

Skills / attributes: Commercia l awareness
How this is developed: Taught
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Numeracy
How this is developed: Taught
Mode of assessment (if applicable): Examination

Skills / attributes: Problem solving skills
How this is developed: Taught
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Adaptability
How this is developed: Taught
Mode of assessment (if applicable): Examination and Coursework

Performance Management - Introduction to PM and the role PM plays within organisations

Performance Management – Traditional approaches

Performance Management - Balanced perspectives

Performance Management - Transfer pricing and PM

Introduction to the coursework assignment

Specialist Costing and Management Accounting Techniques - Activity based environments

Specialist Costing and Management Accounting Techniques - Investing for future capabilities

Specialist Costing and Management Accounting Techniques - Managing a total quality approach

Specialist Costing and Management Accounting Techniques – Target costing and pricing

Specialist Costing and Management Accounting Techniques - Environmental Management Accounting

Contemporary Issues in Management Accounting