| Unit name | Advanced Management Accounting |
|---|---|
| Unit code | EFIM30003 |
| Credit points | 20 |
| Level of study | H/6 |
| Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
| Unit director | Mrs. Hume |
| Open unit status | Not open |
| Pre-requisites |
At least 40% in ACCG20011 Management Accounting |
| Co-requisites |
None |
| School/department | School of Economics, Finance and Management |
| Faculty | Faculty of Social Sciences and Law |
The unit concentrates on the most topical issues of the past twenty years: activity-based techniques, throughput accounting, economic value added, economic value to customer and the balanced scorecard.
Some of these techniques were designed to meet perceived shortcomings in traditional methods such as standard costing and accounting-based measures such as return-on-investment and a key part of the course is to compare contemporary and traditional methods.
Students will be familiar with a range of contemporary cost management and other managerial techniques. They will be able to evaluate strengths and weaknesses, discuss issues regarding implementation and effectiveness, and assess the empirical literature used in making these judgements. By the use of case studies, students will have a good grasp of the practical issues relating to these new initiatives.
18 lectures and 18 tutorials
Coursework: Preparation and presentation of approximately eight cases together with some practice examples. Report preparation on 4 case studies
Summative Assessment:
3 hour unseen exam based on the cases studied on the course and involving comparisons of traditional and contemporary theory in the context of practical commercial situations.
Formative Assessment:
4 x 2,000 word reports based on 4 of the Case Studies prepared for tutorials. Practice questions on each of the subject areas not covered by the above reports
All learning outcomes are tested by both the summative assessment and formative assessment.
or
