BUSS H2708 - Management Accounting

Module Title:Management Accounting
Language of Instruction:English
Credits: 5
NFQ Level:6
Module Delivered In 3 programme(s)
Teaching & Learning Strategies: The main focus of the classes will be the completion of practical exercises. These exercises will provide the student with an understanding and an ability to complete relevant accounting scenarios. Students will also be provided with relevant theory to support the practical work and deepen the understanding of the concepts covered.
Module Aim: The aim of this module is to provide students with the knowledge and skills to prepare management accounting information on product costing, control and decision making.
Learning Outcomes
On successful completion of this module the learner should be able to:
LO1 Interpret and advise on prepared relevant budgets and variances
LO2 Conduct decision making techniques including absorption and marginal costing.
LO3 Analise decision making techniques including cost volume profit analysis.
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
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed.
No requirements listed
 

Module Content & Assessment

Indicative Content
Costing Methods
• Job and batch costing • Contract costing • Process costing - Treatment and effect of scrap and waste - Abnormal gains and losses
Cost Volume Profit Analysis and Decision Making
• • Contribution • Fixed and variable costs • Graphical analysis • Margin of safety • Cost volume profit assumptions • Marginal costing and absorption costing • Relevant costs • Make or buy decisions • Limiting factors
Budgeting
• Budgeting process • Master budgets • Functional budgets • Cash budgets • Flexed budgets
Standard costing
• Standard Costing • Variance analysis • Material, labour, overhead, sales price and volume variances • Reconciliation of budgeted and actual profit
Assessment Breakdown%
Continuous Assessment30.00%
End of Module Formal Examination70.00%
Continuous Assessment
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Short Answer Questions In class practical assessment 2,3 30.00 n/a
No Project
No Practical
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End of year exam 1,2,3 70.00 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 12 Weeks per Stage 3.00
Independent Learning Time 15 Weeks per Stage 5.93
Total Hours 125.00
Workload: Part Time
Workload Type Frequency Average Weekly Learner Workload
Lecture 12 Weeks per Stage 1.50
Independent Learning 15 Weeks per Stage 2.97
Total Hours 62.50
 

Module Delivered In

Programme Code Programme Semester Delivery
CW_BWBUS_B Bachelor of Business (Honours) Options: in Business or Digital Marketing 4 Mandatory
CW_BWBUS_D Bachelor of Business Options: Business or Digital Marketing 4 Mandatory
CW_BWBUS_C Higher Certificate in Business 4 Mandatory