Module Details

Module Code: MGMT B8Z14
Full Title: Management Control Systems
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 subject will review the theory of control and will evaluate the practical application of different types of management controls in business situations.It will review and assess financial results control systems and examine the control issues in divisionalisation and transfer pricing.
 
Module Learning Outcome
On successful completion of this module the learner will be able to:
# Module Learning Outcome Description
MLO1 Design and critically analyse control systems
MLO2 Examine the theoretical and practical issues in the implementation of financial results control systems.
MLO3 Analyse the implications of behavioural issues in the design and operation of budgeting, planning and control systems
MLO4 Describe and analyse the typical financial measures used in evaluating divisional performance
MLO5 Describe the different purposes of a transfer pricing system and identify and describe the suitability of the different transfer pricing methods
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
Design and critically analyse control systems
Organisational Control: A definition ;Designing Control systems: action, results and personnel controls, issues of control tightness and looseness;The costs of control i.e. financial non non-financial, e.g. slack and negative attitudes.
Examine the theoretical and practical issues in the implementation of financial results control systems.
Financial Results Control; assumptions and applicability.Responsibility accounting and its application to various business situations.
Analyse the implications of behavioural issues in the design and operation of budgeting, planning and control systems
The budgeting process, the roles of budgeting and the achievement of corporate objectives, gaol setting and performance evaluation. Budget styles and participation in the budget process.
Divisional financial performance measures.
Divisional financial performance measures: issues, calculation and interpretations
Describe the different purposes of a transfer pricing system and identify and describe the suitability of the different transfer pricing methods
Transfer-pricing in divisionalised companies: issues, calculation and interpretations.
Module Assessment
Assessment Breakdown%
Course Work30.00%
Final Examination70.00%
Module Special Regulation
 

Assessments

Full-time

Course Work
Assessment Type Continuous Assessment % of Total Mark 20
Marks Out Of 100 Pass Mark 0
Timing S1 Week 6 Learning Outcome 1,2
Duration in minutes 50
Assessment Description
individual class test or case study
Assessment Type Other % of Total Mark 10
Marks Out Of 100 Pass Mark 40
Timing S1 Week 10 Learning Outcome 3,4,5
Duration in minutes 0
Assessment Description
Group case study on topic(s)covered
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.

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

 

Module Workload

Workload: Full-time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 3.00 3
Tutorial Contact No Description Every Week 1.00 1
Directed Reading Non Contact No Description Every Week 2.00 2
Independent Study Non Contact No Description Every Week 3.00 3
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 4.00
Workload: Part-time
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 2.00 2
Independent Study Non Contact No Description Every Week 5.00 5
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Merchant K & Van Stede W. (2017), Management Control Systems: Performance Measurement, Evaluation and Incentives, 4. 1 to 10, Financial Times/ Prentice Hall, UK, p.792, [ISBN: 978-129211055].
Supplementary Book Resources
  • Anthony R & Govindarajan V. (2006), Management Control Systems; European edition, 12. McGraw-Hill Education, [ISBN: 978-007713326].
  • Emmanuel C, Otley D and Merchant K. (1990), Accounting for Management Control, 2. Cengage Learning EMEA, UK, p.464, [ISBN: 978-0412374807].
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.