Management Accounting
Elective ModulesIn this module you will explore how accounting is used within organisations for the planning, control, and evaluation of activity, with a special focus on the manager's role. You will develop both a technical and a critical grasp of management accounting in its strengths and limitations. You will cover technical issues in cost accounting and cost management, and wider issues concerning the role of accounting in shaping management structures and decisions, in both manufacturing and service contexts.
Topics usually covered include:
- Costing techniques: issues and problems
- Alternative costing techniques
- Relevant costs and decision making
- Planning, budgeting, and pricing
- Benefiting the scorecards
- The potential of enabling control
- Standard costing and variances
- Divisionalisation and transfer pricing
- Strategic management accounting, investment appraisal, and innovation.
There are other elective modules available in this field.