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Unit information: Advanced Management Accounting in 2015/16

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Unit name Advanced Management Accounting
Unit code EFIM30003
Credit points 20
Level of study H/6
Teaching block(s) Teaching Block 4 (weeks 1-24)
Unit director Dr. Uche
Open unit status Not open
Pre-requisites

At least 40% in ACCG20011 Management Accounting

Co-requisites

None

School/department School of Economics, Finance and Management
Faculty Faculty of Social Sciences and Law

Description

The unit concentrates on the most topical issues of the past twenty years: activity-based techniques, throughput accounting, economic value added, economic value to customer and the balanced scorecard.

Some of these techniques were designed to meet perceived shortcomings in traditional methods such as standard costing and accounting-based measures such as return-on-investment and a key part of the course is to compare contemporary and traditional methods.

Intended learning outcomes

Students will be familiar with a range of contemporary cost management and other managerial techniques. They will be able to evaluate strengths and weaknesses, discuss issues regarding implementation and effectiveness, and assess the empirical literature used in making these judgements. By the use of case studies, students will have a good grasp of the practical issues relating to these new initiatives.

Teaching details

18 lectures and 18 tutorials

Coursework: Preparation and presentation of approximately eight cases together with some practice examples. Report preparation on 4 case studies

Assessment Details

Summative Assessment:

3 hour unseen exam based on the cases studied on the course and involving comparisons of traditional and contemporary theory in the context of practical commercial situations.

Formative Assessment:

4 x 2,000 word reports based on 4 of the Case Studies prepared for tutorials. Practice questions on each of the subject areas not covered by the above reports

All learning outcomes are tested by both the summative assessment and formative assessment.

Reading and References

  • Drury (2012) Management and Cost Accounting (8th edition) Cengage Learning

or

  • Drury (2008) Management and Cost Accounting (7th edition)

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