Management and Cost Accounting

Module code: MN1018

Cost accounting is used to prepare data about the key issues of every organisation - costs, revenue, price, and profit - for the needs of managerial decision-making. This module will give you an insight into the fundamentals and concepts behind a significant area of accounting.

Topics covered

• Main uses of accounting for decision-making and control within organisations
• Information needed for planning and controlling decisions
• Key management accounting concepts
• Key cost accounting techniques
• Preparation and analysis of budgets for planning and control purposes (incl. variance analysis)
• Key issues in performance measurement

Learning

• 18 hours of lectures
• 8 hours of seminars
• 2 hours of practical classes and workshops
• 122 hours of guided independent study

Assessment

• Essay (20%)
• Exam, 2 hours (80%)