Module Title:Management Accounting 2 for Accounting Degree Students
Language of Instruction:English
Credits: 5
NFQ Level:8
Module Delivered In 2 programme(s)
Teaching & Learning Strategies: Lectures - communication of knowledge and ideas from the lecturer to the student. Problem Solving Exercises - student will work as part of a team and will work together to resolve various business scenarios. Class Discussion/Debate - Students will be encouraged to actively participate in the class sessions which will develop their analytical and communication skills. E-Learning - This module is supported with on-line learning materials. Self-Direct Independent Learning - the emphasis on independent learning will develop a strong and autonomous work and learning practices.
Module Aim: Management Accounting 2 builds on the techniques developed in Cost Accounting and Management Accounting 1. This module aims to further develop student’s ability to apply management and cost accounting techniques to short-term business decision-making and the modern business environment and will develop analytical skills and the ability to make judgments and recommendations in a range of management accounting situations. The depth and breadth of module content and assessment are designed to gain maximum exemptions from professional accountancy bodies, appropriate to a B.A. (Honours) in Accounting program.
Learning Outcomes
On successful completion of this module the learner should be able to:
LO1 Define and explain the key management accounting terms, concepts and practices for cost accounting, short-term decision-making and the effects of the modern business environment on management accounting practices.
LO2 Identify and apply appropriate management accounting techniques when presented with defined and undefined practical business problems.
LO3 Analyse and interpret results and outcomes within a management accounting framework and make recommendations.
LO4 Critically examine the tools, techniques and practices that are used in the area of management accounting.
LO5 Develop practical work-based skills through the practical application of management accounting techniques in excel.
Pre-requisite learning
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.

No recommendations listed
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed.
Cost Accounting Management Accounting 1

Module Content & Assessment

Indicative Content
Cost Estimation Techniques
Linear regression techniques including high-low, scattergraph and least squares. Learning curve theory and application. Practical excel application.
Relevant Costs and Revenue in Decision-Making
The decision process. Applying relevant costs in typical short-run decisions. Optimal use of multiple scare resources using linear programming techniques. Qualitative issues in decision-making. Practical excel application.
Activity-Based Costing
Reasons for emergence of ABC. Absorption into cost centres and cost units. Traditional absorption versus ABC. ABC in service organisations. Activity-based cost management. Practical excel application.
Pricing Decisions and Customer Profitability Analysis
Role of cost information in pricing decisions. Factors that influence pricing decisions. Economic theory. Cost-plus pricing. Target costing. Different pricing strategies. Product and customer profitability analysis. Practical excel application.
Modern Environment
The historical development of management accounting. The changing role of the management accountant in a modern business environment. Recent developments in management accounting thinking and practice, including big data, information systems, emerging and disruptive technologies, environmental management accounting, continuous improvement concepts, ethical issues, life cycle costing and beyond budgeting.
Assessment Breakdown%
End of Module Formal Examination80.00%
No Continuous Assessment
No Project
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Practical/Skills Evaluation Management Accounting Techniques Using Excel 2,3,5 20.00 Week 12
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 1,2,3,4 80.00 End-of-Semester

SETU Carlow Campus reserves the right to alter the nature and timings of assessment


Module Workload

Workload: Full Time
Workload Type Frequency Average Weekly Learner Workload
Lecture Every Week 4.00
Practicals Every Week 1.00
Independent Learning Every Week 4.00
Total Hours 9.00
Workload: Part Time
Workload Type Frequency Average Weekly Learner Workload
Lecture Every Week 2.00
Practicals Every Week 0.50
Independent Learning Time Every Week 6.50
Total Hours 9.00

Module Delivered In

Programme Code Programme Semester Delivery
CW_BBACT_B Bachelor of Arts (Honours) in Accounting 5 Mandatory
CW_BBACF_B Bachelor of Business (Honours) in Accounting and Finance 7 Mandatory