Module Details

Module Code: BUSS H2703
Module Title: Management Accounting 1
Title: Cost Accounting
Module Level:: 6
Credits:: 5
Module Coordinator: Karen Hennessy
Module Author:: Frances Cross
Domains:  
Module Description: The aim of this module is to provide students with the knowledge and skills to prepare cost accounting information on product costing and decision making.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Explain the nature, role, and scope of cost accounting.
LO2 Prepare cost analysis on material and labour inputs.
LO3 Conduct an overhead analysis.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Additional Requisite Information
No Co Requisites listed
 
Indicative Content
Introduction to Cost Accounting
• Introduction to cost accounting • Management accounting and financial accounting • The role of management accounting • Cost Classification • Cost behaviour
Material Control
• Stock control procedures • Quantitative methods of stock valuation • E.O.Q.
Labour Control
• Methods of remuneration • Analysis of labour costs
Overhead Control
• Nature of overheads • Absorption costing - Allocation, apportionment and absorption of production overheads - Non production overhead - Under/over recovery of overheads - Blanket overhead rates • Activity based costing - Comparison of ABC and absorption
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment30.00%
End of Module Formal Examination70.00%

Assessments

Full Time

Continuous Assessment
Assessment Type Short Answer Questions % of Total Mark 30
Timing n/a Learning Outcomes 1,2
Non-marked No
Assessment Description
Key concepts of accounting
No Project
No Practical
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 70
Timing End-of-Semester Learning Outcomes 1,2,3
Non-marked No
Assessment Description
End of semester exam
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

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

 

Module Workload

Workload: Full Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Cost Accounting 12 Weeks per Stage 3.00 36
Independent Learning Non Contact Cost Accounting 15 Weeks per Stage 6.00 90
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Cost Accounting 12 Weeks per Stage 1.50 18
Independent Learning Non Contact Cost Accounting 15 Weeks per Stage 3.00 45
Total Weekly Contact Hours 1.50
 
Module Resources
Recommended Book Resources
  • Gail Sheppard. (2011), Management Accounting, Gill Education, p.300, [ISBN: 9780717149964].
  • Colin Drury. (2018), Management and Cost Accounting, 10. Cengage Learning, [ISBN: 9781473748873].
Supplementary Book Resources
  • Clarke P. (2016), Managerial Accounting, 3. Chartered Accountants, Ireland, [ISBN: 9781910374672].
  • Terry Lucey. (2008), Costing, 7. Cengage Delmar, p.578, [ISBN: 1844809439].
This module does not have any article/paper resources
Other Resources
Discussion Note: