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ACC1011 : Introduction to Management Accounting and Finance

  • Offered for Year: 2024/25
  • Module Leader(s): Dr Vu Trinh
  • Lecturer: Mrs Gill Holden
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus

Your programme is made up of credits, the total differs on programme to programme.

Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0
European Credit Transfer System


To introduce students to the fundamental concepts and techniques required for understanding modern decision-making in management accounting and finance.

Outline Of Syllabus

1.       Classification of costs
2.       Product costs & pricing: materials, labour & overheads
3.       Job costing
4.       Break-even analysis
5.       Budgeting
6.       Standard costs
7.       Performance evaluation & reporting
8.       Corporations and Value Maximisation
9.       Present and Future Values
10.       Investment Appraisal Techniques
11.       Working capital management
12.       Equity Valuation
13.       Introduction to debt & equity
14.       Working Capital Management

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Guided Independent StudyAssessment preparation and completion160:0060:00Time for students to complete formative and summative assessments
Scheduled Learning And Teaching ActivitiesLecture301:0030:00PiP - 1. Semester 1: 15 x 1-hour sessions = 15 lecture hours (including revision and Inspera guidance/exam mock sessions) 2. Semester 2: 10 x 1.5-hour sessions = 15 lecture hours (including revision and Inspera guidance/exam mock sessions)
Guided Independent StudyDirected research and reading166:0066:00Estimated based on 3 hours per teaching week (11 teaching week per semester except 2 revision weeks)
Scheduled Learning And Teaching ActivitiesSmall group teaching81:008:00PiP Seminars, 4 per semester
Guided Independent StudyIndependent study136:0036:00N/A
Teaching Rationale And Relationship

Small group teaching sessions are used to examine, explore and develop topics covered by the programme of structured guided learning sessions as well as guided independent study to develop subject specific skills.

Students are expected to discuss issues relating to the design and use of accounting information as well as gaining experience in the computational aspects of accounting.

Analytical skills are developed through the module.

Learning is supported by the use of Canvas.

Assessment Methods

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

Description Length Semester When Set Percentage Comment
Digital Examination1202A80Inspera
Digital Examination601A20Inspera
Formative Assessments

Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.

Description Semester When Set Comment
Prob solv exercises1MPractice questions provided
Prob solv exercises2MPractice questions provided
Assessment Rationale And Relationship

Examinations of particular length and style are necessary to meet accreditation requirements for accounting professional bodies.

The students need a formative assessment in order to prepare them for their 2 summative assessments. Therefore, there will be 2 summative and 2 formative assessments.

In the academic year 2023/24, we will also apply PC examination using Inspera for all assessments in both semesters (20% semester 1 and 80% semester 2). We believe that this could improve the marking process and make the module assessments consistent across two semesters.
PC exams were successful in 2023 /24 and will continue in 2024 / 25.

In the case of alternative assessments 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, 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