Advanced Management Accounting (HU) teaching plan - 2015
Aim
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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)
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Self
assessment
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Consider
the end-of-chapter review questions for chapters 1, 2 and 10.
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Activities
and
Questions
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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.
2.16 Cost drivers and the value chain in Toyota
10.17
Relevant Costing
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Session Lecture 2: Management Accounting and its changing context
- Strategic Management and Accounting
Aim
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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
Roslender, R. and Hart, S.J. (2003). In search of
strategic management accounting: Theoretical and field study perspectives. Management
Accounting Research. 14, 255-279.
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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
S
3. Four years ago a computer system
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Session Lecture 3: SMA Techniques - ABC/M, Customer Profitability
and Target Costing
Aim
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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.
Langfield-Smith, K., Strategic management accounting: how far have we come in 25 years?,
Accounting, Auditing & Accountability Journal, 21 (2): 204 – 228.
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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
12.21 Customer profitability, distribution
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Session Lecture 4: Accounting for Quality and JIT
Aim
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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
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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
20.20
Lappalainen - Throughput, quality and relevant costs
21.16 Choosing supplier for JIT
21.21 Just in Time systems and
Ethics
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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
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|
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)
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Questions
|
From the Seminar Questions File
F 1. Financial Performance
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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.
O’Hanlan, J and Peasnell, K., (1998) “Wall
Street’s contribution to management accounting: the Stern Stewart EVA
financial management system. Management Accounting Research, Vol. 9
421-444.
You need not deal
in detail with the mathematical and quantitative aspects of this paper.
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Self assessment
|
Consider
the end-of-chapter review questions for chapter 18
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Activities
and
Questions
|
Attempt
end-of-chapter exercises:
18.17 Effect of alternative transfer
pricing methods
18.21 Transfer Pricing Issues
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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
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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
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Questions
|
From the Seminar Questions File
Q 5.
Ochilpark
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Value chain analysis is a way to visually analyze a company's business activities to see how the company can create a competitive advantage for itself. Here are some Value Chain Analysis Tools to accurately perform value chain analysis effectively.
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