Unit name | Strategic Management Accounting |
---|---|
Unit code | EFIMM0119 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Dr. Bryer |
Open unit status | Not open |
Pre-requisites |
None |
Co-requisites |
None |
School/department | School of Accounting and Finance - Business School |
Faculty | Faculty of Social Sciences and Law |
The unit aims to enable students to develop a good understanding of strategic management accounting, including its historical and contemporary context, the core techniques that commonly compose strategic management accounting practices (including activity based costing, budgeting, key performance indicators, and the balanced scorecard), and the various challenges/difficulties to which these may give rise. Through the use of calculative analysis and case studies, the unit will develop the students’ abilities to analyze strategic management accounting issues and problems, within the wider context of developing employability skills in management.
On successful completion of this unit, the student will be able to:
1. Be able to apply the calculative principles of a range of contemporary strategic management accounting techniques to relevant management decisions.
2. Be able to evaluate strengths and weaknesses, and discuss issues regarding implementation and effectiveness of these techniques.
3. Be familiar with various contemporary control and strategic challenges, including the wider context of sustainability and sustainable development goals, as well as the growing diversity of organizations and organizational objectives.
4. Be able to analyze specific problems in contemporary strategic management accounting settings, devise innovative solutions, and communicate these effectively
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities
This unit will be assessed by group coursework 30% and exam 70%
The course will draw on a core text book to set out the calculative foundations of key management accounting areas:
Drury, C. (2015) Management and Cost Accounting (9th Ed.)
Indicative articles include: