Module Details

Module Code: BUSS H2708
Module Title: Management Accounting
Title: Management 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 management accounting information on product costing, control and decision making.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
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.
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
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
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 2,3
Non-marked No
Assessment Description
In class practical assessment
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 year 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 Management Accounting 12 Weeks per Stage 3.00 36
Independent Learning Time Non Contact Management Accounting 15 Weeks per Stage 5.93 89
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 Management Accounting 12 Weeks per Stage 1.50 18
Independent Learning Non Contact Management Accounting 15 Weeks per Stage 2.97 44.5
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. 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: