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Unit information: Management Accounting for Strategy in 2020/21

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Unit name Management Accounting for Strategy
Unit code EFIM30035
Credit points 20
Level of study H/6
Teaching block(s) Teaching Block 1 (weeks 1 - 12)
Unit director Miss. Ali
Open unit status Not open

At least 40% in ACCG20011 Management Accounting



School/department School of Accounting and Finance
Faculty Faculty of Social Sciences and Law


This unit highlights the trend in recent decades for management accounting to become more and more strategic in its focus. This began with the growing emphasis on external market conditions and customer preferences in approaches to considering the nature and role of calculations of cost leading up to explicit frameworks for the definition and communication of strategy such as the balanced scorecard.

In discussing the various tools and techniques this unit will build upon the technical groundwork laid in the 2nd year Management Accounting module. A key point of development will be extensive engagement with the management accounting research literature to bring out how management accounting calculations can inform management decision making in situations where there is no one best way to decide.

Intended learning outcomes

On successful completion, students will be able to:

1. describe, explain and apply a range of contemporary cost management techniques.

2. evaluate the strengths and weaknesses of these cost management techniques

3. critically discuss issues regarding the implementation and effectiveness of these cost management techniques

4. analyse and evaluate various management control frameworks, theories and practices

5. critically evaluate the potential of management control systems to develop, communicate and execute organisational strategy

6. develop their critical thinking and analysis skills, for example by comparing and contrasting theories and techniques

Teaching details

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

Assessment Details

This unit will be assessed by 100% exam

Reading and References

The reading materials for the course consist of journal articles, handout
materials, press articles. There is one essential reading per week, with
further potential reading material outlined in the slides for each topic.
Students are encouraged to read widely and independently. Many of the
topics covered are also addressed in the text book used in the second year,
and whilst the focus of this course is not primarily calculative, the textbook
can be a good source of references to wider reading material.