The aim of this module is to introduce students to the nature and purpose of management accounting and to establish a sound foundation in its fundamental techniques. Students will learn how to evaluate, compare, contrast and apply a range of techniques and procedures for application in management accounting in different situations and for different purposes
A. Demonstrate understanding of interpreting and analysing management accounting information, of the importance of non-financial factors
B. Evaluate the usefulness of various management accounting techniques in different situations and for different purposes.
C. Show appreciation of the scope and purpose of management accounting.
The teaching philosophy of the module follows very much the philosophy of Syntegrative Education. This has meant that the teaching delivery pattern, which follows more intensive block teaching, allows more meaningful contribution from industry partners. This philosophy is carried through also in terms of assessment, with reduction on the use of exams and increase in coursework, especially problem-based assessments that are project focused. The delivery pattern provides space in the semester for students to concentrate on completing the assessments.
This module will be taught using a combination of lectures, seminars and tutorials. Learning will also be reinforced by appropriate readings from the course text.