Core Module Information
Module title: Advanced Management Accounting (HK)

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

Module code: ACC09902
Module leader: Suki Kaur
School The Business School
Subject area group: Accounting and Finance


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 management behaviour in their application.

Full Details of Teaching and Assessment
2022/3, Trimester 1, BLENDED,
Occurrence: 005
Primary mode of delivery: BLENDED
Location of delivery: HONG KONG
Member of staff responsible for delivering module: Joanna McVicar
Module Organiser:

Learning, Teaching and Assessment (LTA) Approach:
Learning and Teaching Methods including their alignment to LOs: The module is delivered using up front block lectures (18 hours) and weekly tutorials (24 hours). The LTA approach uses a wide variety of methods: formal lectures using Powerpoint presentations, group discussion to foster student engagement and to promote interest in independent investigation into the topics. This also encourages critical analysis and evaluation of the reading material. Tutorials frequently use case study discussions, self-assessment questions and presentations to foster analytical, evaluative and softer skills. These tools encourage the development of a deeper learning culture and mentality.

Employability: Group discussions in tutorials improve the confidence to voice opinions. Practice at computational questions improves use of management acounting techniques. The written exam encourages you to work under time pressure.

Equality and Diversity: The module specification ensures that there are no artificial barriers to learning or assessment. Special needs of individual candidates are 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 eachtopic. Where appropriate, examples will be taken from international companies and organisations and where opportunities exist the international experiences of students will also be incorporated.

Formative Assessment:
Assessment: Formative assessment takes place both in the tutorial with tutor support on queries and in your home environment. You will have access to previous exam papers and the solutions to the papers. Online quizzes that relate directly to lecture topics are available for you to attempt on Moodle and instant feedback given when answers are submitted.

Summative Assessment:
Summative assessment consists of one coursework case study group report (30% marks) and a final exam of 2.5 hours duration which is held during the exam weeks (70% marks). The coursework allows you the opportunity to develop the skills the module seeks to help you achieve and allows you to receive formal feedback on the development of those skills. Given the timing of the coursework, it is impractical to examine all the learning outcomes through this instrument. The development of analytical and evaluative skills is an iterative process and your development is aided by having two assessment instruments here. There is also formative assessment throughout the module in the form of the case study sessions detailed previously.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 18
Face To Face Practical classes and workshops 24
Face To Face CL_TST 3
Independent Learning Guided independent study 155
Total Study Hours200
Expected Total Study Hours for Module200

Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Report 30 1 - 4 10 HOURS= 00.00, WORDS= 1500
Centrally Time Tabled Examination 70 1 - 5 14/15 HOURS= 03.00, WORDS= 0
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Indicative References and Reading List - URL:
Contact your module leader