Intermediate Management Accounting module (BU22002)
Learn about advanced aspects of management accounting including different costing methods, issues relating to management control, and decision making.
Credits
20
Module code
BU22002
Level
2
Semester
Semester 2
School
School of Business
Discipline
Accounting and Finance
What you will learn
In this module, you will:
- discuss advanced aspects of management accounting including different costing methods, such as job, batch, process, and activity-based costing
- discover techniques to help management control company operations, such as variance analysis and advanced aspects of breakeven analysis
- learn techniques to facilitate optimal decision making.
By the end of this module, you will:
- be able to identify and analyse appropriate costing methods for different business contexts
- understand different management accounting techniques required for planning and control
- use a wide-range of management accounting techniques to support decision-making in organisations
- be able to communicate in a clear, concise manner to senior executives about the performance and operation of their company
- be aware of how various management accounting techniques are used in different sectors and across different countries.
Assignments / assessment
Class test (20%)
- Involving a management accounting scenario
- Final week of Semester 2
Final exam (80%)
- Exam lasts 2 hours
- During main exam diet
Teaching methods / timetable
You will learn by taking a hands-on approach. This will involve taking part in tutorials and practical sessions. Learning material is provided through videos, review notes, examples, and tutorial questions, including presentations and demonstrations.
| Week | Topics covered |
| 1 | Introduction and traditional overhead allocation |
| 2 | Activity-based costing |
| 3 | Job costing |
| 4 | Process costing |
| 5 | Joint and by-product costing |
| 6 | Reading week |
| 7 | Management control systems |
| 8 | Standard costing and variance analysis |
| 9 | Cost-volume-profit analysis, limiting factors, and operational gearing |
| 10 | Throughput accounting and Advanced Breakeven Analysis |
Courses
This module is available on the following courses: