Module title: Management Accounting

SCQF level: 07:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ACC07101
Module leader: Grahame Steven
School The Business School
Subject area group: Accountancy Finance and Law
Prerequisites

No prerequisite

2018/9, Trimester 1, Face-to-Face, Edinburgh Napier University
Occurrence: 001
Primary mode of delivery: Face-to-Face
Location of delivery: CRAIGLOCKHAR
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: Grahame Steven
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
This module will have a relatively high degree of class contact to ensure that the foundations management accounting are put in place for later studies. While teaching will follow a traditional model of lectures followed by tutorials, this teaching will be supported by Moodle, including computer-based assessment, to enhance and support learning.

Students will be directed to articles that illuminate topics covered in this module to encourage them to think more deeply about management accounting and start the progression towards becoming independent learners.

Management accounting is relevant to developing and developed countries since all types of organisation require management information to enable them to operate effectively and efficiently. Examples will be placed in a range of contexts to emphasise the international nature of this subject.

A range of assessment types will be utilised for this module.

Students must sit an exam to comply with the accreditation requirements of professional accounting bodies.

The following employability and academic skills will be developed in this module: communication skills; problem solving; report writing; academic referencing.


Formative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Summative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 24
Face To Face Tutorial 36
Independent Learning Guided independent study 128
Independent Learning Centrally Timetabled (Digital) Exam 12
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Report 30 1 6 HOURS= 0, WORDS= 1750
Report 10 4 12 HOURS= 0, WORDS= 250
Centrally Time Tabled Examination 50 ALL 14/15 HOURS= 2, WORDS= 0
Class Test 10 ALL 1 HOURS= 0, WORDS= 0
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Description of module content:

History of accounting
Comparison of management and financial accounting
Cost classification and cost behaviour
Stock accounting - LIFO, FIFO, weighted average - and stock control: issues, re-order quantity, re-order level, maximum stock, minimum stock
Labour: accounting and control
Costing: marginal costing, absorption costing, comparison of marginal and absorption costing
Costing systems: job costing, process costing, contract costing
Standard costing: theory, direct variances, sales price and volume variances, fixed overhead variances, profit reconciliation
Integrated accounting
Relevant costs for decision-making
CVP analysis: single product break-even, multi-product breakeven, what-if analysis

Learning Outcomes for module:

LO1: Compare and contrast management and financial accounting
LO2: Apply and discuss and accounting and control procedures for materials and labour
LO3: Apply and discuss marginal, absorption, job, process and contract costing.
LO4: Apply and discuss standard costing and integrated accounting
LO5: Apply and discuss relevant costs for decision-making
LO6: Apply and discuss CVP analysis

Indicative References and Reading List - URL:

Recommended - DRURY, C (2015) MANAGEMENT AND COST ACCOUNTING: CENGAGE LEARNING, 9th ed. - ISBN: 9781480893931
Recommended - HORNGREN, C.T., BHIMANI, A., DATAR, S.M. AND FOSTER, G. (2005) MANAGEMENT AND COST ACCOUNTING: PRENTICE HALL, 3rd ed. - ISBN: 0273687514
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