Global Opportunities

ACC3002 : Management Accounting

Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0


(a) To introduce students to the responsibility accounting and Management control systems in the context of multinational operations.
(b) To introduce students to the strategic intent of organisations and the design of management control systems to deliver that intent.
(c) To introduce students to the research agenda in management accounting and in particular the Accounting and Finance's current research.

Outline Of Syllabus

Outline Of Syllabus
1.       The framework of the allocation of decision rights, performance measures and rewards.
2.       Responsibility centres and the design of performance measures that attempt to make individual business unit incentives coincide with group incentives.
3.       Performance measures.
4.       Rewards– the case for incentive based compensation
5.       Budgeting for decision-making and decision control, how budgeting resolves some agency problems.
6.       Corporate Strategy and the Management Control System: the Balanced Scorecard and EVA
7.       Acquisition, Vertical Integration and Segment Reporting
8.       The Matrix Organisation and Management Control systems
9.       Traditional versus Activity based Costing and customer profitability analysis
10.       Cost allocation - Theory & Practice

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture21:002:00Online Revision sessions for 1&2 semesters
Scheduled Learning And Teaching ActivitiesLecture251:0025:00PiP Lectures (will be split into 18 weeks-9 per semester), and some will be 2 hour sessions
Guided Independent StudyAssessment preparation and completion160:0060:00Time for formative and summative assessment
Structured Guided LearningLecture materials13:003:00Pre-recorded Lecture
Guided Independent StudyDirected research and reading166:0066:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching61:006:00PiP Seminars
Guided Independent StudyIndependent study138:0038:00N/A
Teaching Rationale And Relationship

lecture materials are used to explain the issues, and to introduce concepts and techniques. Small group teaching help improve students' skill development and offers feedback on student-centred learning, by going through worksheets that have been prepared in advance. Students have the opportunity to develop and practice key skills in these sessions. Students are able to judge their progress in the module through feedback in these sessions.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Description Length Semester When Set Percentage Comment
Written Examination1802A100N/A
Formative Assessments
Description Semester When Set Comment
Prob solv exercises1MPractice Questions
Prob solv exercises2MPractice Questions
Assessment Rationale And Relationship

Written examination is required to match professional recognition requirements. The formal examination test the students intended knowledge and skills outcomes. In particular their ability to frame management accounting problems, solve them and then write up their interpretation of their solutions.

In the case of an alternative semester 2 assessment(worth 100% of the overall module mark) being necessary due to circumstances, the module leader will in the first instance consult with the DPD as to the requirements of the professional accrediting body to discuss possible acceptable alternatives. In 2020/21 this alternative was a 24 hour take home exam delivered online, and it is envisioned that if circumstances do not allow a present-in-person timed exam at the end of semester 2, and the professional body agrees, than this may well be an example of the type of alternative assessment which could be put in place.

Reading Lists