Module title: Advanced Management Accounting

SCQF level: 09:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ACC09102
Module leader: Suki Kaur
School The Business School
Subject area group: Accountancy Finance and Law

There are no pre-requisites for this module to be added

2020/1, 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: Suki Kaur
Module Organiser:

Learning, Teaching and Assessment (LTA) Approach:
Learning and Teaching Methods including their alignment to LOs:

The module is delivered through weekly lectures (2 hours) followed by tutorials (2 hours).

This module is required for accreditation purposes and as such is beneficial for future employment of the student. Specific analytical and problem solving skills will be developed by the use of computational work and case studies in tutorials and the assessment. The ability to select and synthesise relevant information and present both written and verbal communication in a clear and logical manner is also developed in this module via group discussions, tutorials, and written work.

Equality and Diversity: The module specification ensures that there are no artificial barriers to learning or assessment. Special needs of individual candidates will be taken into account when planning learning experiences and selecting assessment instruments.

Internationalisation: The subject of management accounting is generic from an international viewpoint and is therefore integrated into each topic. Where appropriate, examples will be taken from international companies and organisations and where opportunities exist, the experiences of international students will also be incorporated.

Formative Assessment:
Formative assessment takes place both in the tutorial and the student's independent study. Multiple choice quizzes and class discussions ensure students are understanding the material throughout the course. The student has access to previous exam papers and the solutions to the papers.

Summative Assessment:
Summative assessment consists of one piece of coursework, a teamwork report on a pre-determined case study. The coursework is worth 30% of the module marks. There is a final exam of 3 hours duration held during the exam weeks which is worth 70% of the module marks.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 24
Face To Face Practical classes and workshops 24
Face To Face Centrally Time Tabled Examination 3
Independent Learning Guided independent study 149
Total Study Hours200
Expected Total Study Hours for Module200

Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Report 30 2 12 HOURS= 24.00, WORDS= 0
Centrally Time Tabled Examination 70 1,2,3,4 & 5 14/15 HOURS= 03.00, WORDS= 0
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Description of module content:

You will build on your knowledge of Management Accounting and learn how management accounting systems have developed over the years.

You will learn how to apply specialist cost and management accounting techniques such as activity-based costing, target costing and lifecycle costing and learn the importance of throughput and environmental costing.
You will learn how the decision-making process is affected by management’s attitude towards risk and how relevant costs are taken into consideration during this process. You will learn how a product moves through its lifecycle and how applying the correct pricing strategy can impact the success of a product in its market.

You will critique and apply current budgeting theories such as Zero-Based Budgeting and Activity Based Budgeting and learn time series analysis as a forecasting tool. Building on this, you will gain an increased understanding of the importance of variance analysis.

Finally, you will be able to assess the performance of companies and divisions using a range of performance measurement techniques.

Learning Outcomes for module:

LO1: Appraise current specialist techniques in Management Accounting.

LO2: Discuss the criteria which affect the relevance of Management Accounting information for decision making, including alternative approaches to product pricing.

LO3: Evaluate different approaches to budgeting and the quantitative forecasting techniques which are used in budgeting.

LO4: Describe the process of standard costing and discuss its relevance in the current work environment.

LO5: Discuss issues relating to performance measurement, performance measurement techniques and managements behaviour in their application.

Indicative References and Reading List - URL:
Reading List: Advanced Management Accounting (ACC09102)