ACC3002 : Management Accounting
- Offered for Year: 2018/19
- Module Leader(s): Dr Jane Gibbon
- Demonstrator: Mr Vu Trinh, Miss Rosie Cao
- Lecturer: Dr Marwa Elnahas
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
|Semester 1 Credit Value:||10|
|Semester 2 Credit Value:||10|
(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
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.
4)Rewards– the case for incentive based compensation
5)The Management Control System - issues in budgeting, 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)Corporate Strategy, Acquisition, Vertical Integration and the Management Control System
8)EVA as a performance measure
9)EVA involving examples from Zimmerman
10)The Matrix Organisation and Management Control
12)Activity based Costing and customer profitability analysis
13)Cost allocation - Theory & Practice
16)Management control systems
|Guided Independent Study||Assessment preparation and completion||1||50:00||50:00||N/A|
|Scheduled Learning And Teaching Activities||Lecture||24||2:00||48:00||N/A|
|Guided Independent Study||Directed research and reading||1||50:00||50:00||N/A|
|Scheduled Learning And Teaching Activities||Small group teaching||6||1:00||6:00||N/A|
|Guided Independent Study||Independent study||1||46:00||46:00||N/A|
Jointly Taught With
|ACC3021||Management Accounting - Relevance Lost for Erasmus and study abroad students|
|ACC3022||Management Accounting: Performance and Evaluation|
Teaching Rationale And Relationship
Formal lectures are used to explain the issues, and to introduce concepts and techniques. Large group sessions provide 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.
Seminars help improve students' skill development.
The format of resits will be determined by the Board of Examiners
|Module Code||Module Title||Semester||Comment|
Assessment Rationale And Relationship
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.