Advanced Management Accounting
University of Reading
Area of Study
Taught In English
Course Level Recommendations
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Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4
Hours & Credits
OverviewModule Provider: Henley Business SchoolNumber of credits: 20 [10 ECTS credits]Level:6Terms in which taught: Autumn term modulePre-requisites: AC201 Management Accounting or AC208 Management InformationNon-modular pre-requisites:Co-requisites:Modules excluded:Module version for: 2014/5Module Convenor: Ms Verna CareEmail: firstname.lastname@example.orgSummary module description:This module builds on the concepts and techniques of management accounting introduced in AC201 or AC208.Aims:This module aims to provide students with an advanced understanding of the techniques, principles and underlying concepts relating to the provision and use of financial information in organisational decision-making, planning and control. An emphasis is placed on the strategically focused organisation in the modern business environment.Assessable learning outcomes:By the end of the module it is expected that students will be able to:1. Discuss the requirements of accounting for managers in relation to planning, decision making and control in the modern business context.2. Prepare or complete quantitative statements to provide a basis for effective management problem solving and decision-making.3. Recognise and discuss the qualitative aspects, including behavioural aspects, of decision-making, planning and control and appraise these in relation to management accounting problems especially in relation to:a. the effects of using traditional management accounting systems in a modern business environmentb. performance measurement and performance managementc. organisational changed. effective remuneration and incentive (reward) systems.4. Organise and communicate information clearly, succinctly and in the required format, both under timed conditions and in assessed work.5. Critically assess selected academic and professional literature.Additional outcomes:Structured activities are designed to develop independent learning, including reflective, adaptive and collaborative learning. Students will be provided with opportunities to use information and communications technology for business applications through use of relevant web resources and electronic communication techniques, including Blackboard. An emphasis is placed on collaborative learning through use of Blackboard Wikis or the Discussion Board to develop solutions to case study problems.Outline content:Use of traditional management accounting in the modern business environment; analysis of costs using high/low and regression methods; advanced costing techniques; multiple product CVP; multiple scarce resources and the calculation of shadow prices; pricing strategies including the consideration and calculation of price elasticity of demand; effects of the learning curve; performance measures, including balanced scorecard; divisionalisation; behavioural factors in decision making processes including a consideration of remuneration and incentive (reward) systems;.Brief description of teaching and learning methods:Lectures will be used for the exposition of the main concepts, principles and techniques associated with the discipline. Workshops will focus on numerical practice and discussion of examination style and case study questions.Contact hours:AutumnLectures 20Practicals classes and workshops 16Guided independent study 160Total hours by term 196.00Total hours for module 200.00Summative Assessment Methods:Method PercentageWritten exam 70Written assignment including essay 15Class test administered by School 15Other information on summative assessment:Formative assessment methods:Formative assessments are available in the text book for all topics. In addition, exam style questions are available on Blackboard and students will practice exam style questions and case studies in workshops. Marking guides and feedback are provided where appropriate so that students can assess their own performance.Penalties for late submission:The Module Convener will apply the following penalties for work submitted late, in accordance with the University policy.where the piece of work is submitted up to one calendar week after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for the piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.Length of examination:One 2 hour closed book unseen written exam in the Summer term.Requirements for a pass:A minimum mark of 40% is required for a University pass.Reassessment arrangements:Reassessment is through examination only in August / September of the same year.Last updated: 8 October 2014
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