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. Work effectively and collaboratively in teams and investigate the sustainability performance practice of selected multinational organisations applying and make recommendations for improvement.  


Assessment type Description Grade
Test Test - 2 hours 20%
Assignment Case Study Assessment 30%
Examination Final Examination 50%

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