ACCT08030 2022 Strategic Management Accounting 1
Full Title
Strategic Management Accounting 1
Transcript Title
Strategic Mgmt Accounting 1
Code
ACCT08030
Attendance
N/A %
Subject Area
ACCT - 0411 Accounting & Taxation
Department
BUS - Business
Level
08 - Level 8
Credit
05 - 05 Credits
Duration
Semester
Fee
€
Start Term
2022 - Full Academic Year 2022-23
End Term
9999 - The End of Time
Author(s)
Kerry Dolan, Aileen Brennan, Caroline McNulty
Programme Membership
SG_BACCO_H08 202200 Bachelor of Arts (Honours) in Accounting
SG_BACCO_K08 202200 Bachelor of Business (Honours) in Business with Accounting (Add-on)
SG_BACOO_H08 202300 Bachelor of Arts (Honours) in Accounting
SG_BACCO_K08 202300 Bachelor of Business (Honours) in Business with Accounting
SG_BFINA_K08 202400 Bachelor of Business (Honours) in Business in Finance Stream
Description
This module builds on year 1 and 2 learning in management accounting, further developing 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.
Discuss the impact of TQM on management accounting techniques and prepare cost of quality reports.
3.
Formulate and solve problems using the graphical approach to linear programming.
4.
Apply CVP analysis to single and multi product scenarios
5.
Analyse and propose solutions to various business scenarios.
Teaching and Learning Strategies
Lectures
Independent learning and research will be encouraged.
Module Assessment Strategies
Formative assessment is carried out throughout the semester providing detailed feedback to scaffold towards the final assessment.
Final Exam: Written exam with calculation and discussion questions.
Final exam should be supervised in person or proctored if online.
Repeat Assessments
Final Exam: Written exam with calculations and discussion questions.
Final exam should be supervised in person or proctored if online.
Module Dependencies
Prerequisites
ACCT07017 202200 Management Accounting Planning, Control and Decision-Making 1
ACCT07018 202200 Management Accounting Planning, Control and Decision-Making 2
Indicative Syllabus
LO No 1 Discuss current issues and developments in management accounting.
Automation, digitalisation, disruptive technology, big data, sustainability, back flush costing and throughput accounting.
LO No. 2 Discuss the impact of TQM on management accounting techniques and prepare cost of quality reports.
Companies implementing JIT and TQM systems
Prevention, appraisal, internal and external failure costs
The balance between conformance and non conformance
Prepare cost of quality reports and evaluate outputs
Environmental cost reports
LO No 3: Formulate and solve problems using the graphical approach to linear programming.
Formulate problem, solve using graphical approach, shadow prices, application of linear programming.
LO No 4: Apply CVP analysis to single and multi product scenarios
Single product and multi-product scenarios
Solve by formulae and by graph
Limitations of CVP Analysis
Pricing with missing figures and manipulating formulae
LO No. 5: Analyse and propose solutions to various business scenarios.
Target costing, kaizen costing,business process reengineering, relevant costs, pricing strategies.
Throughput accounting calculations
Risk and uncertainty.
Coursework & Assessment Breakdown
End of Semester / Year Formal Exam
100 %
End of Semester / Year Assessment
| Title | Type | Form | Percent | Week | Learning Outcomes Assessed | |
|---|---|---|---|---|---|---|
| 1 | Final Exam Final written exam including numerical and / or theoretical questions - must be supervised | Final Exam | Closed Book Exam | 100 % | End of Term | 1,2,3,4,5 |
Full Time Mode Workload
| Type | Location | Description | Hours | Frequency | Avg Workload |
|---|---|---|---|---|---|
| Lecture | Flat Classroom | Lecture | 4 | Weekly | 4.00 |
| 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
2020-12-10 MANAGEMENT COST ACCOUNTING 11E
ISBN 147377361X ISBN-13 9781473773615
2020-12-10 MANAGEMENT COST ACCOUNTING 11E
ISBN 147377361X ISBN-13 9781473773615
Recommended Reading
2021 PERFORMANCE MANAGEMENT - STUDY TEXT.
ISBN 1787408655 ISBN-13 9781787408654
2021 PERFORMANCE MANAGEMENT - STUDY TEXT.
ISBN 1787408655 ISBN-13 9781787408654
Module Resources
Non ISBN Literary Resources
Management and Cost Accounting, 11th Edition. Colin Drury. Cengage Learning, 2021
Journal Resources
URL Resources
Other Resources
ACCA 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
Accounting Journals and Library Facilities
Additional Information
None