MAN-30045 - Module Specification
Keele Business School
Faculty of Humanities and Social Sciences

Programme/Approved Electives for 2024/25

Available as a Free Standing Elective

Co-requisites

None

Prerequisites

MAN-20049 Cost and Management Accounting

Barred Combinations

None

Description for 2024/25

This module will develop the knowledge and understanding of management accounting concepts and techniques acquired in Year 2 (Level 5) module: Cost and Management Accounting. Students will develop knowledge from prior studies and learn to apply key principles and techniques of management accounting to decision making situations. These include:
Multiple breakeven charts and profit volume charts.
Decisions involving limiting factors, multiple limiting factors.
External pricing decisions.
Internal charging and transfer pricing.
Relevant costs for decision making.
Risk, uncertainty and sensitivity.
Advanced aspects of investment appraisal.
Behavioural and social aspects of management accounting.
In addition, students will acquire knowledge to critically appraise the nature of decision making and evaluate the roles of accounting in decision making. The module aims to develop knowledge and skills to obtain exemptions from professional accounting examinations. Transferable skills and graduate attributes will be fostered.

This module will develop the knowledge and understanding of management accounting concepts and techniques acquired in Cost and Management Accounting. Students will be able to apply the principles of management accounting to decision-making situations.

Intended Learning Outcomes

explain and evaluate key concepts of management accounting: 1,2
assess the behavioural and social aspects of management accounting including environmental accounting: 1,2
apply the principles of management accounting to decision making situations (e.g. external pricing, internal charging and transfer pricing): 1,2
critically assess the role of risk, uncertainty and sensitivity in management accounting: 2
critically appraise the nature of decision making and evaluate the roles of management accounting in decision making (limiting factors, make or buy decisions, pricing): 2

Study hours

Lecture 18 hours
Tutorials 6 hours
Private Study 126 hours
Exams 3.5 hours
Mid-term Assessment 2 hours
Final Examination 2 hours

School Rules

For students to be able to use this module to support professional body accreditation they will also need to have studied MAN-10015 Accounting Principles, MAN-20049 Cost and Management Accounting and also plan to study MAN-30046 Advanced Management Accounting in Semester two

Description of Module Assessment