This unit aims to develop students' ability to deal confidently with the multifaceted challenges facing the function of management accounting in contemporary organisations. The areas covered include: the modern role of management accounting; strategic analysis and planning; operational planning and control; product and service costing; operational and financial budgeting; capital budgeting; and cost-volume profit analysis. Professional practice will be further enhanced through the development of technical and creative skills such as calculations, reporting, analysis and interpretation undertaken using manual methods and Excel spreadsheets.

Unit details

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Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Justify and argue how accounting practice can inform management decisions about planning, action and accountability and reduce risk and uncertainty;  
  2. Resolve complex problems by recommending appropriate managerial accounting information, including, communication and interpersonal strategies in a given context;  
  3. Exemplify managerial accounting activities using manual and electronic means including advocating ethical considerations in managerial accounting activities; and  
  4. Investigate the sustainability performance practice of selected business organisations and make recommendations for improvement by working as a collaborative team.  


Assessment type Description Grade
Presentation Individual presentation on allocated topics 20%
Report Group integrated report on financial statements of multi-national companies focusing on 17 key elements in the internal context 30%
Examination Final examination 50%

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This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.

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