Program Overview

Intermediate Management Accounting Module

The Intermediate Management Accounting module, coded as BU22002, is a comprehensive course that delves into advanced aspects of management accounting. This includes various costing methods, issues related to management control, and techniques for decision making.

What You Will Learn

In this module, students will:

• Discuss advanced aspects of management accounting, including different costing methods such as job, batch, process, and activity-based costing.
• Discover techniques to help management control company operations, such as variance analysis and advanced aspects of breakeven analysis.
• Learn techniques to facilitate optimal decision making.

By the end of this module, students will be able to:

• Identify and analyze appropriate costing methods for different business contexts.
• Understand different management accounting techniques required for planning and control.
• Use a wide range of management accounting techniques to support decision-making in organizations.
• Communicate in a clear, concise manner to senior executives about the performance and operation of their company.
• Be aware of how various management accounting techniques are used in different sectors and across different countries.

Assignments / Assessment

The assessment for this module includes:

• A class test (20%) involving a management accounting scenario, held in the final week of Semester 2.
• A final exam (80%) that lasts 2 hours, conducted during the main exam diet.

Teaching Methods / Timetable

This module adopts a hands-on approach, involving tutorials and practical sessions. Learning materials are provided through videos, review notes, examples, and tutorial questions, including presentations and demonstrations. The topics covered over a 10-week period include:

1. Introduction and traditional overhead allocation
2. Activity-based costing
3. Job costing
4. Process costing
5. Joint and by-product costing
6. Reading week
7. Management control systems
8. Standard costing and variance analysis
9. Cost-volume-profit analysis, limiting factors, and operational gearing
10. Throughput accounting and Advanced Breakeven Analysis

Courses

This module is available on the following undergraduate courses:

• Accountancy BAcc
• Accountancy with Finance BAcc (Hons)
• Accountancy BAcc (Hons)
• International Finance - 3.5 years BIFin (Hons)
• Finance BFin (Hons)
• International Finance BIFin (Hons)
• Accounting & Finance BSc (Hons)

Module Details

• Credits: 20
• Module Code: BU22002
• Level: 2
• Semester: Semester 2
• School: School of Business
• Discipline: Accounting and Finance