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%)