The module aims to increase students' knowledge of the theory and practice of strategic 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 module Management Accounting (ACFI 203). The module will allow students to explore in detail the real-world management accounting tools/techniques which are utilised as part of the strategic planning and decision making processes within organisations.

(LO1) Students will be able to evaluate the different approaches to performance management and apply the principles of The Balanced Scorecard to a real-world organisation.

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

(LO3) Students will be able to examine and practice various strategic management accounting techniques, specifically: capital investment appraisal, customer profitability analysis and cost of quality analysis.

(LO4) Students will be able to demonstrate an understanding of the role of management accounting with respect to the achievements of the organisations sustainability objectives.

(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: 5
Attendance Recorded: Yes

Self-Directed Learning Hours: 121
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: Students will develop ethical awareness via the coursework assignment and the syllabus area ‘Management Accounting for Sustainability’.
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Lifelong learning skills
How this is developed: Students will critically analyse organisations and management accounting tools and techniques
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: International awareness
How this is developed: Students will analyse an international organisation as part of the coursework and also have to consider international aspects when in the syllabus area of ‘Transfer Pricing’.
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: IT skills
How this is developed: Students will design a poster/infographic as part of the coursework assignm ent.
Mode of assessment (if applicable): Coursework

Skills / attributes: Communication skills
How this is developed: Students will be expected to contribute to discussions during seminars, present their draft group report as part of the coursework process and post queries via the module discussion board.
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Organisational skills
How this is developed: Students will need to ensure they manage their (and their group’s) time effectively to complete the coursework assignment on time while also ensuring they are prepared for the final exam.
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Teamwork
How this is developed: Students will be required to work effectively within groups to complete the coursework assignment.
Mode of assessment (if applicable) Coursework

Skills / attributes: Commercial awareness
How this is developed: The coursework assignment requires students to analyse and make recommendations for a real-world organisation. Also, lectures and seminars will consistently use real-world examples/case studies.
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Numeracy
How this is developed: Elements of the module are mathematical in nature.
Mode of assessment (if applicable): Examination

Skills / attributes: Problem solving skills
How this is developed: The recommendations that students will have to make as part of the coursework assignment and also within exam questions (which are essentially small case-study style questions).
Mode of assessment (if applicable): Examination and Coursework

Skills / attributes: Adaptability
How this is developed: The module will require students to display a range of skills in order to perform effectively.
Mode of assessment (if applicable): Examination and Coursework

Introduction to SMA and the strategic planning process

Performance management and the balanced scorecard

Introduction to the coursework assignment

Management accounting for sustainability

Transfer pricing and performance management

Capital investment appraisal

Customer profitability analysis

Costs of quality analysis