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Unit information: Management Accounting for Strategy in 2019/20

Please note: Due to alternative arrangements for teaching and assessment in place from 18 March 2020 to mitigate against the restrictions in place due to COVID-19, information shown for 2019/20 may not always be accurate.

Please note: you are viewing unit and programme information for a past academic year. Please see the current academic year for up to date information.

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 Professor. Chris Chapman
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 module]. Whilst this course is based around the same text book used for that course, a key point of development will be extensive engagement with the management accounting research literature.

Intended learning outcomes

Students will be familiar with a range of contemporary cost management techniques. They will be able to evaluate strengths and weaknesses, critically discuss issues regarding implementation and effectiveness, and assess various strategic options. Students will have a good understanding of the practical issues relating to these new initiatives.

Teaching details

10 lectures and 10 classes

Class preparation: the material for this course consists of one textbook, selected other readings and cases. It is expected that all students prepare all readings and cases for each class. Where cases require calculations there will be spreadsheets available containing the exhibits.

Class participation: Classes will be conducted in a dialogue manner. Issues and models will be presented, and their potential merits will be open for a dialogue. Cases will also take up a good part of the teaching, and a thorough analysis of case issues, and suggestions for their solution, will be expected.

Assessment Details

Summative Assessment:

3 hour closed book exam.

Formative Assessment:

Submission of three pieces of work and weekly MCQ quizzes on Blackboard.

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


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

Essentially, the reading materials for the course consist of journal articles, handout materials, press articles and text books. The recommended reading materials are outlined in the slides for each topic. However, students are expected to read widely. They are encouraged to read materials outside the recommended reading list to expound and enrich their understanding of the subject under scrutiny. Thus, the use of a text book should be considered as a useful backup in approaching the materials to be discussed during class.