Module Catalogues, Xi'an Jiaotong-Liverpool University   
Module Code: ACF303
Module Title: Advanced Management Accounting
Module Level: Level 3
Module Credits: 5.00
Academic Year: 2019/20
Semester: SEM2
Originating Department: International Business School Suzhou
Pre-requisites: N/A
This module aims to increase students' knowledge of the theory and practice of management accounting and to build on study of this topic in earlier years (especially to extend and complement the material covered in AFC215 Management Accounting).

This module teaches students the role of management accounting in the broad context of organisational management. It enables students to understand the reasons why some performance measurement initiatives fail, and it explores the different ways of approaching the measurement of performance in different contexts. The module explains the basis and drawbacks of measuring performance in financial terms.

Another important aspect of the module is to review the various theoretical approaches which have been adopted or proposed for the development of management accounting and management decision-making, including costing and budgeting techniques. Also, detailed case examples on the practice of management accounting are provided.

Learning outcomes 
A) Demonstrate an in-depth knowledge of the theoretical tools and current practices of management accounting including various forms of costing techniques.

B) Understand, analyse and critically evaluate issues in theory and practice in management accounting from both an internal and external perspective.

C) Appreciate, interpret and account for the sources of, and possible solutions to, controversies in management accounting.

D) Demonstrate a thorough understanding of the role of management accounting in management decision making and activity.

Method of teaching and learning 
Lectures and Workshops

Introduction to performance measurement (including comparisons)

Choosing overall measures - what are the choices?

The organisation: alternatives

Discussion of alternative models

The organisation: financial

Market and company perceptions of financial performance, including market-based league tables

Is there an alternative to shareholder value?

Inside the organisation: overall

Company-based external league tables

Inside the organisation: basis

Introduction to internal measurement and making more of measures (e.g. using balanced scorecards, non-financial measures and appropriate comparisons)

Inside the organisation: using value

Using value based management

Inside the organisation: using a framework

Dealing with difficult measurement problems

Inside the organisation: implementation

Implementation issues and examples

Individual performance and pay

Measuring the performance of individuals

Considering the results

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26     7      117  150 


Sequence Method % of Final Mark
1 Online Open Book Exam 70.00
2 Assignment Maximum 2000 Words 30.00

Module Catalogue generated from SITS CUT-OFF: 6/3/2020 1:36:24 AM