Subject scope of strategic management accounting 2020 Feb.

Subject scope of strategic management accounting 2020 Feb.

LEARNING OUTCOMES:

Upon successful completion of this module, students will be able to:

Demonstrate knowledge of:

1               Critically evaluate a range of key strategic management accounting models and concepts;

2               Critically understand the strategic role of management accounting at local and

international level.

3               Critically understand the merits and limitations of management accounting theory.

Skills;

1.       Apply the key management accounting concepts and methodologies in order to contribute to successful decision making in an organisation.

CONTENT SYNOPSIS:

The above learning outcomes will be developed through an exploration of some of the following subject areas: a) An introduction to Strategic management accounting;

b) Strategic cost management and performance management; c) Relevant and irrelevant costs and revenues; d) Activity based costing; e) Pricing decisions; f) Budgeting;

g) Management accounting control systems; Divisional Financial Performance Measures and

Transfer Pricing; h) Standard costing and Variance analysis; i) Working capital management.