ACCT06022 2022 Management Accounting Fundamentals 2
Full Title
Management Accounting Fundamentals 2
Transcript Title
Manage. Acc. Fundamentals 2
Code
ACCT06022
Attendance
N/A %
Subject Area
ACCT - 0411 Accounting & Taxation
Department
BUS - Business
Level
06 - Level 6
Credit
05 - 05 Credits
Duration
Semester
Fee
€
Start Term
2022 - Full Academic Year 2022-23
End Term
9999 - The End of Time
Author(s)
Caroline McNulty, John Gaynor, Beatrice Flavin, Riona Lyons, Helen Grady
Programme Membership
SG_BACCO_H08 202200 Bachelor of Arts (Honours) in Accounting
SG_BFINA_H08 202200 Bachelor of Business (Honours) in Finance and Investment
SG_BACOO_H08 202300 Bachelor of Arts (Honours) in Accounting
SG_BFINA_B07 202200 Bachelor of Business in Finance and Investment
Description
Building on Management Accounting Fundamentals 1, this module will continue to introduce students to the principles and techniques of management accounting with a focus on the budgetary process and short term decision making in the modern business environment.
Learning Outcomes
On completion of this module the learner will/should be able to;
1.
Explain the nature of the modern business environment
2.
Prepare budgets and use for control purposes.
3.
Apply appropriate techniques of cost and management accounting to short-term decision making situations.
4.
Communicate information individually or in teams using written, visual and numerical forms.
Teaching and Learning Strategies
This module will be delivered through weekly class-based lectures. The lectures will include open discussion, practice of practical course elements, in-class group work and self-study. At least one class will take place in a computer laboratory.
Module Assessment Strategies
Excel assessment
Moodle quiz e.g. MCQ/WIRIS
Final written examination - Must be a supervised examination in person or online proctored
Repeat Assessments
Excel assessment
Moodle quiz e.g. MCQ/WIRIS
Final written examination - Must be a supervised examination in person or online proctored
Indicative Syllabus
L01. Explain the nature of the modern business environment
- Digital technologies
- Sustainability focus
- Online focus
L02. Prepare budgets and use for control purposes.
- Explain the importance of financial planning
- Prepare projected financial statements for a sustainable business
- Function budgets, cash forecasting, master budgets
- Interpret their significance for decision making purposes
- How to assess risk and uncertainty
- Budgetary control
L03. Apply appropriate techniques of cost and management accounting to short-term decision-making situations.
- Cost behaviour
- CVP Analysis
- Marginal costing
- Short term decision making
L04. Communicate information individually or in teams using written, visual, and numerical forms.
- Effective communication of management accounting information
- Visualisation of results for impact
Coursework & Assessment Breakdown
Coursework & Continuous Assessment
30 %
End of Semester / Year Formal Exam
70 %
Coursework Assessment
| Title | Type | Form | Percent | Week | Learning Outcomes Assessed | |
|---|---|---|---|---|---|---|
| 1 | Continuous Assessment using Microsoft Excel | Coursework Assessment | Assessment | 30 % | Week 7 | 1,2 |
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 | 70 % | End of Term | 1,2,3,4 |
Full Time Mode Workload
| Type | Location | Description | Hours | Frequency | Avg Workload |
|---|---|---|---|---|---|
| Lecture | Flat Classroom | Lectures | 3 | Weekly | 3.00 |
| Lecture | Computer Laboratory | Lectures | 1 | Weekly | 1.00 |
| Independent Learning | UNKNOWN | Personal study time | 3 | Weekly | 3.00 |
Total Full Time Average Weekly Learner Contact Time 4.00 Hours
Required & Recommended Book List
Required Reading
2011 Management Accounting Gill Education
ISBN 071714996X ISBN-13 9780717149964
2011 Management Accounting Gill Education
ISBN 071714996X ISBN-13 9780717149964
This text presents strategic and traditional management accounting topics and, where appropriate, revision questions will compare approaches of both methods. Beginning with learning objectives, each chapter is example driven, introducing basic concepts and leading to more complex examples.
Required Reading
2021 MANAGEMENT ACCOUNTING - STUDY TEXT.
ISBN 1787408558 ISBN-13 9781787408555
2021 MANAGEMENT ACCOUNTING - STUDY TEXT.
ISBN 1787408558 ISBN-13 9781787408555
Required Reading
2021 MANAGEMENT ACCOUNTING - STUDY TEXT EPUB.
ISBN 1787409260 ISBN-13 9781787409262
2021 MANAGEMENT ACCOUNTING - STUDY TEXT EPUB.
ISBN 1787409260 ISBN-13 9781787409262
Module Resources
Other Resources
Management Accounting Principles and Practice. Alan Upchurch. Financial Times Pitman Publishing. 1998
Cost and Management Accounting. Alice Luby. Gill & Macmillan. 1999
Management Accounting, Michale Jone, Wiley, 2006.
Management Accounitng , Gail Sheppard, Gill & Macmillan. 2011
Additional Information
None