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Unit information: Management Accounting for Strategy in 2021/22

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 Miss. Ali
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

Description including Unit Aims

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 Management Accounting module. A key point of development will be extensive engagement with the management accounting research literature to bring out how management accounting calculations can inform management decision making in situations where there is no one best way to decide.

Intended Learning Outcomes

On successful completion, students will be able to:

1. describe, explain and apply a range of contemporary cost management techniques.

2. evaluate the strengths and weaknesses of these cost management techniques

3. critically discuss issues regarding the implementation and effectiveness of these cost management techniques

4. analyse and evaluate various management control frameworks, theories and practices

5. critically evaluate the potential of management control systems to develop, communicate and execute organisational strategy

6. develop their critical thinking and analysis skills, for example by comparing and contrasting theories and techniques

Teaching Information

Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities

Assessment Information

This unit will be assessed by 100% exam


If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIM30035).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the Faculty workload statement relating to this unit for more information.

The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.