ACCT08015 2016 Strategic Management Accounting 2

General Details

Full Title
Strategic Management Accounting 2
Transcript Title
Strategic Mgmt Accounting 2
Code
ACCT08015
Attendance
N/A %
Subject Area
ACCT - Accounting
Department
BUS - Business
Level
08 - NFQ Level 8
Credit
05 - 05 Credits
Duration
Semester
Fee
Start Term
2016 - Full Academic Year 2016-17
End Term
9999 - The End of Time
Author(s)
Caroline McNulty, Mary McGuckin, Beatrice Flavin
Programme Membership
SG_BACCO_K08 201600 Bachelor of Business (Honours) in Accounting Stream (Add-on) SG_BFINA_K08 201600 Bachelor of Business (Honours) in Finance Stream (Add-on) SG_BACCO_H08 201800 Bachelor of Arts (Honours) in Business in Accounting L8
Description

Further develops students understanding and ability to apply management accounting concepts and techniques. Independent learning and critical evaluation of current practice is encouraged.

Learning Outcomes

On completion of this module the learner will/should be able to;

1.

Discuss current issues and developments in management accounting.

2.
Develop detailed master budgets
3.
Prepare detailed variance analysis reports
4.

Analyse  and propose solutions to various business scenarios.

5.
Identify, calculate and appraise appropriate measures of performance for selected organisations
6.
Critically evaluate management accounting practices in the context of the modern business environment 

Teaching and Learning Strategies

Lectures supported by tutorials.  Independent learning and research of topics is essential.

Module Assessment Strategies

Individual or group project involving independent learning/research and oral presentation of material or written assessment.

Assessment may be combined with another subject or a stand alone assessment for this subject.

Repeat Assessments

Repeat exam.  Exam meets all learning outcomes.

Module Dependencies

Prerequisites
None ACCT07017 201100 Management Accounting Planning, Control and Decision-Making 1 ACCT07018 201100 Management Accounting Planning, Control and Decision-Making 2
Co-requisites
None ACCT08020 201100 Strategic Management 2
Incompatibles
None

Indicative Syllabus

Modern business environment current issues

Budgeting - Advanced master budgets. Beyond budgeting/The debate. Zero based versus incremental budgeting, participation and behavioural issues

Variance analysis to profit reconciliation. Cost control versus cost reduction. Relevance in the modern business environment

Performance evaluation - Divisionalisation, financial and non-financial measures, behavioural aspects, balanced scorecard, benchmarking, integrated reporting.

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
20 %
End of Semester / Year Formal Exam
80 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Class quizzes/case-study class room discussions/ problem solving practice Formative Open Book Exam - % Any 1,2,3,4,5,6
2 Continuous Assessment Project or written assessment (optional combination with strategic management) Continuous Assessment Assessment 20 % Week 8 1,4,6
             

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam Written exam including numerical and/or theoretical questions Final Exam Closed Book Exam 80 % End of Term 1,2,3,4,5,6
             
             

Full Time Mode Workload


Type Location Description Hours Frequency Avg Workload
Group Learning Flat Classroom Group activity 3 Weekly 3.00
Lecture Flat Classroom Lecture 1 Weekly 1.00
Independent Learning UNKNOWN Personal study 3 Weekly 3.00
Total Full Time Average Weekly Learner Contact Time 4.00 Hours

Required & Recommended Book List

Recommended Reading
2015-01-13 Management and Cost Accounting Cengage Learning EMEA
ISBN 1408093936 ISBN-13 9781408093931

Colin Drury's Management and Cost Accounting covers the theory and practice of management and cost accounting and includes extensive assessment questions and illuminating Real World Views. This textbook is ideally suited for use on management accounting and cost accounting modules taught on undergraduate accounting courses and for students preparing for the cost and management accounting examinations of the professional accountancy bodies at intermediate or advanced level. It is also appropriate for use by postgraduate and higher national diploma students studying cost and management accounting for the first time.

Module Resources

Non ISBN Literary Resources

Management and Cost Accounting, 9th Edition. Colin Drury. Cengage Learning, 2015

Other Resources

 

ACCA F5 Complete Text, Performance Management, Kaplan Publishing, Current Year, ISBN: 978-1-78415-213-0

Paper P1 Management Accounting. CIMA Study Text. Kaplan Publishing. Current Year, ISBN: 978-1-78415-299-4

Paper P2 Advanced Management Accounting, CIMA Study Text. Kaplan Publishing. Current Year, ISBN: 978-1-78415-300-7

Cases & Solutions in Management Accounting and Business Finance. 3rd Edition Hyndman and McKillop. Gill & Macmillan and ICAI. 2013, ISBN: 978-1-908199-49-2

Accounting Journals and Library Facilities

 

Additional Information

None