AMA teaching plan Sept. 2016
Aim
|
Before
addressing the more advanced topics in advanced management accounting you
need to revise the fundamentals covered on an earlier accounting module.
You
should be familiar with the general content of these chapters from your
earlier studies and just need to be reminded / updated.
|
Chapters
1, 2 and 10 in the recommended text and articles.
Dekker, H (2003) Value chain analysis in inter-firm
relationships – a field
study”. Management Accounting
Research, Vol.14, p.1-23)
|
|
Self
assessment
|
Consider
the end-of-chapter review questions for chapters 1, 2 and 10.
|
Activities
and
Questions
|
Attempt
end-of-chapter exercises:
1.12 Purposes of accounting systems (Solution in Appendix A)
1.14 Value chain and classification of costs for
Boots the Chemist
1.16 Scorekeeping, attention directing and
problem solving.
2.15 Classification of costs
2.16 Cost drivers and the value chain in Toyota
10.14
Contribution approach – relevant costs
10.17
Relevant Costing
|
Session Lecture 2: Management Accounting and its changing context
- Strategic Management and Accounting
Aim
|
Identify
key aspects of the environment affecting management accounting and introduce
strategic management accounting.
|
You should read
chapter 22 in the recommended text and assigned articles.
Guilding, C.,
Cravens, K. S. and Tayles, M., (2000), 'An international comparison of
strategic management accounting practices', Management Accounting Research, 11, no.1: 113-135
Langfield-Smith, K., Strategic management accounting: how far have we come in 25 years?,
Accounting, Auditing & Accountability Journal, 21 (2): 204 – 228.
|
|
Self
assessment
|
Consider
the end-of-chapter review questions for chapter 22.
|
Activities
and
Questions
|
Attempt
end-of-chapter exercises:
22.17 Mayfair Ltd – subsidy for Cafeteria
From
the Seminar Questions File
S
1. Management Accounting in a Bank
G
4. Holiday Profitability
|
Session Lecture 3: SMA Techniques - ABC/M, Customer Profitability
and Target Costing
Aim
|
1. To consider how activity-based
costing can help management understand the key cost drivers
2. To consider pricing and cost-related
prioritisation of organisational activities.
|
Chapters 11
and 12 in the recommended text and assigned articles.
Everaert, P. (2006). Characteristics of target
costing: theoretical and field study perspectives. Qualitative Research in Accounting and Management. 3:3, 236-263.
Drury, C. and Tayles, M. (2006) Profitability
Analysis in UK Companies: An Exploratory Study, British Accounting Review,
Vol.38, No 4 405-425.
|
|
Self assessment
|
Consider
the end-of-chapter review questions for chapters 11 and 12
|
Activities
and
Questions
|
Attempt
end-of-chapter exercises:
11.11 and 11.12 ABC, activity area and cost driver rates (Solution
in Appendix A)
11.13 ABC and product cross-subsidisation
12.15 Product Costs and ABC
12.18 Target costs and ABC
|
Session Lecture 4: Accounting for Quality and JIT
Aim
|
1. Explain the cost categories in a cost
of quality programme
2. Identify the costs and benefits of
quality improvements and JIT
|
Chapter 20 and
21 in the recommended text and assigned articles.
Srdoc, A., Sluga,
A. and Bratko, I., (2005), 'A quality management model based on the deep
quality concept', The International
Journal of Quality & Reliability Management, 22, no.2/3: 278-302
|
|
Self assessment
|
Consider
the end-of-chapter review questions for chapters 20 and 21.
|
Activities
And
Questions
|
Attempt
end-of-chapter exercises:
20.16 Cost of quality analysis
20.17 Quality improvement – relevant costs and
revenues
20.20
Lappalainen - Throughput, quality and relevant costs
21.16 Choosing supplier for JIT
21.21 Just in Time systems and
Ethics
|
Session - Lecture 5: Management Control Systems and Financial
Performance Measurement.
Aim
|
To
understand the purposes, roles and contents of budgeting and responsibility
accounting. To compute and be familiar with financial performance measures at
the divisional level, such as ROI, RI and EVA.
|
You should
read chapters 14 (briefly), the first 4 pages of Chapter 18 and all of
Chapter 19 in the recommended text and assigned articles.
Otley, D. (2001). "Extending the boundaries of management accounting
research: developing systems for performance management." British
Accounting Review 33 p243- 261
|
|
Self assessment
|
Consider
the end-of-chapter review questions for chapters 14
and 19
|
Activities
and
Questions
|
Attempt
end-of-chapter exercises:
14.19 Responsibility of purchasing
agent
14.18 Budgeted profit and loss
account
19.11 ROI and residual profit
19.13 Residual income and economic value added (Solution
in Appendix A)
19.18
Relevant costs, performance, goal congruence
|
Questions
|
From the Seminar Questions File
F 1. Financial Performance
|
Session Lecture 6: Financial Control Systems - Transfer Pricing
Aim
|
To
understand the important effects of transfer pricing within management
control systems
|
You should
read chapter 18 in the recommended text and assigned articles.
Woods, M., Taylor, L. and Fang, G., 2012. Electronics: A case study of
economic value added in target costing.
Management Accounting Research,
Vol 23 pp261-277.
|
|
Self assessment
|
Consider
the end-of-chapter review questions for chapter 18
|
Activities
and
Questions
|
Attempt
end-of-chapter exercises:
18.17 Effect of alternative transfer
pricing methods
18.21 Transfer Pricing Issues
|
Session Lecture 7: Strategy Implementation – The Balanced
Scorecard
Aim
|
Assess the
relevance of scorecard approaches in strategic management and performance
measurement.
|
You should
read Chapter 22 in the recommended text and assigned articles.
Norreklit, H., (2000) “The balance on the
balanced scorecard- a critical analysis of some of its assumptions”, Management
Accounting Research, Vol.11, pp.65-88.
Ma,
Y and Tayles, M. “On the Emergence of Strategic Management Accounting: an
Institutional Perspective”, Accounting
and Business Research, Vol. 39. 5 (2009) 473-49
|
|
Self assessment
|
Consider
the end-of-chapter review questions for chapter 22
|
Activities
|
Attempt
end-of-chapter exercises:
22.11 Strategy and balanced scorecard (Solution in Appendix A)
22.15 Balanced scorecard
|
Questions
|
From the Seminar Questions File
Q 5.
Ochilpark
|
Assessment info.:
Examination: 2
hours (50%) Questions will deal with numerical work illustrating techniques of
management accounting with the questions also including interpretation or
testing concepts and applications. A choice of questions will be offered. The best preparation for the examination is
to follow the course and readings indicated and to undertake all of the
questions set for tutorials and for practice.
AMA textbook
Individual Assignment: 2500 words (50%) This will be a project
related to Advanced Management Accounting. Specifically: Costing Systems, Profitability Analysis and Strategic Appraisal. Further details are on the module website in
a separate document. Details
Due date : 21
October 2016 Group B; 28 October 2016 Groups A and C.
Examination
date 5 December 2016.
AMA textbook
Internet resource (local): Literature on management accounting
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