Module Details

Module Code: MGMT B8Z13
Full Title: Management Accounting Techniques
Valid From:: Semester 1 - 2019/20 ( June 2019 )
Language of Instruction:English
Duration: 1 Semester
Credits:: 5
Module Owner:: Pat O Neill
Departments: Unknown
Module Description: This module will examine some of the management accounting techniques for decision making.It will examine and evaluate activity based and life cycle costing costing and it will evaluate the various accounting approaches to product pricing.
 
Module Learning Outcome
On successful completion of this module the learner will be able to:
# Module Learning Outcome Description
MLO1 Distinguish between relevant and irrelevant costs/revenues for decision-making purposes, applying to typical business scenarios.
MLO2 Compare activity based and traditional costing systems and discuss the implementation of and the conceptual claims for ABC systems
MLO3 Describe and analyse cost management techniques such as Life cycle costing, target costing and activity based management systems.
MLO4 Describe and examine various influences on and approaches to the pricing decision
MLO5 Compare, apply and assess the various techniques for decision making under conditions of risk and uncertainty.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named DkIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
 
Module Indicative Content
Distinguish between relevant and irrelevant costs/revenues for decision-making purposes, applying to typical business scenarios.
Measuring relevant costs/revenue for decision making and the importance of qualitative information and corporate objectives: Drury chpt 9
Compare activity based and traditional costing systems and describe the implementation of and the conceptual claims for ABC systems
A revision of traditional costing particularly overhead absorption; the need for ABC; ABC vs Trad wrt overhead absorption;designing and implementing ABC systems;Conceptul contributions of ABC; Drury chpt 10
Describe and apply cost management techniques such as Life cycle costing, target costing, activity based management systems and environmental cost management systems.
Describing, analysing and applying each of these techniques;Drury chpt 21
Describe and justify various influences on and approaches to the pricing decision
Pricing decisions and the role of customers,costs and competition. The economic model of price setting;the role of financial information in the price setting process both long and short term;pricing policies and the role of an organisation in different market situations: Drury chpt 11
Compare and apply the various techniques for decision making under conditions of risk and uncertainty.
Non probability and Probability based decision methods. The calculation of expected value and the value of perfect information.The use of decision trees. Drury chpt 12
Module Assessment
Assessment Breakdown%
Course Work30.00%
Final Examination70.00%
Module Special Regulation
 

Assessments

Full Time On Campus

Course Work
Assessment Type Class Test % of Total Mark 20
Marks Out Of 100 Pass Mark 40
Timing Week 6 Learning Outcome 1
Duration in minutes 0
Assessment Description
The theory and calculative element of relevant costing
Assessment Type Class Test % of Total Mark 10
Marks Out Of 0 Pass Mark 0
Timing Week 10 Learning Outcome 2
Duration in minutes 0
Assessment Description
The calculations and the analysis of an activity based cost systems.
No Project
No Practical
Final Examination
Assessment Type Formal Exam % of Total Mark 70
Marks Out Of 0 Pass Mark 0
Timing End-of-Semester Learning Outcome 1,2,3,4,5
Duration in minutes 0
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
A 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.
Reassessment Description
Class tests will also be repeated if required in week 12.

DKIT reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time On Campus
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact n/a Every Week 4.00 4
Directed Reading Non Contact n/a Every Week 1.00 1
Independent Study Non Contact n/a Every Week 4.00 4
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 4.00
Workload: Part Time On Campus
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 2.00 2
Directed Reading Non Contact No Description Every Week 1.00 1
Independent Study Non Contact No Description Every Week 6.00 6
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Drury Colin. (2017), Management and Cost Accounting (with CourseMate & EBook Access Card), 10. 9,10,11,12,21, Cengage Learning EMEA, UK, p.816, [ISBN: 978-147374887].
Supplementary Book Resources
  • Upchurch A. (1998), Management Accounting: Principles and Practice Textbook, 1. Financial Times/ Prentice Hall, UK, p.720, [ISBN: 978-0273622260].
  • Datar S M and Rajan MV. (2017), Horngren's Cost Accounting; A Managerial Emphasis, Global. Pearson education Ltd, p.992, [ISBN: 9780132795166].
This module does not have any article/paper resources
Other Resources
  • Harvard Business Review, Business Week, The Financial Times, The Irish Times, Financial Management – the journal of the Chartered Institute of Management Accountants -CIMA.