Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should understand the role that management accounting plays in providing information for decisions at the strategic, managerial and operational levels; be able to identify, use and interpret the results of costing techniques appropriate to different organisational activities and decisions; be able to formulate and use standards and budgets for planning and control; have developed an understanding of the role of responsibility accounting and performance measurement within organisations; understand the behavioural implications of budgeting, performance measurement and transfer pricing systems; appreciate the need to relate management accounting systems to contemporary thinking about organisational planning and control.
Synopsis This subject introduces the student to basic costing and management accounting techniques. The emphasis is on understanding the types of management accounting information that can be produced to assist managers and other employees within organisations in planning and control and in decision making.
Assessment Written (3500-4000 words): 35% + Examination (3 hours): 65%