Postgraduate

Modules

Modules

NBS8224 : Performance and Decision Management

Semesters
Semester 1 Credit Value: 10
ECTS Credits: 5.0

Aims

To enable students to critically understand the role that management accounting control information plays in decision making, learning, planning and control within organisations.

This module emphasises the focus on accounting to meet the needs of managers. It stresses the interpretation (rather than the construction) of accounting information as well as a critical (rather than unthinking) acceptance of the underlying assumptions behind accounting numbers.
It is suitable for postgraduate students and practising non-financial managers who need a better understanding of the role of accounting in an organisational context.

Outline Of Syllabus

Introduction to Management Accounting
Relationship between management accounting and financial accounting
Classification of costs
Overview of costing methods
Cost accounting
Importance of cost accounting
Traditional job costing
Activity-based costing
Budgeting for Planning and Control
Budgeting
Standard costs and variance analysis
Performance evaluation
Breakeven analysis
Marginal costing

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture122:0024:00N/A
Guided Independent StudyAssessment preparation and completion126:0026:00N/A
Guided Independent StudyDirected research and reading125:0025:00N/A
Guided Independent StudyIndependent study125:0025:00N/A
Total100:00
Teaching Rationale And Relationship

The formal examination tests students’ knowledge and skills outcomes in financial and management accounting, focusing on the preparation, interpretation and application of relevant information.

Assessment Methods

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

Exams
Description Length Semester When Set Percentage Comment
Written Examination1201A100N/A
Formative Assessments
Description Semester When Set Comment
Written exercise1MConsultation sessions before the exam to provide feedback to students for their attempts on past exam/mock questions.
Assessment Rationale And Relationship

The formal examination tests students’ knowledge and skills outcomes in financial and management accounting, focusing on the preparation, interpretation and application of relevant information.

Reading Lists

Timetable