Module manager: Lu Qiao
Email: buslq@leeds.ac.uk
Taught: Semester 2 (Jan to Jun) View Timetable
Year running 2024/25
To be eligible to study LUBS1245 students MUST have completed at least ONE of the following co-requisite modules:
| LUBS1225 | Accounting for Managers |
| LUBS1235 | Introductory Financial Accounting |
| LLLC0102 | Introduction to Accounting |
| LLLC1360 | Business Finance |
| LLLC1387 | Accounting for Non-Specialists |
| LUBS1915 | Introduction to Financial Accounting |
| LUBS1925 | Introduction to Management Accounting |
| LUBS2035 | Finance for Small Business |
This module is approved as a discovery module
This module provides a broad introduction to management accounting as a discipline and the commercial use of management accounting information. It affords you opportunities to get to grips with some of the main techniques used to support decision-making by managers. The module will provide a basis for you to study Intermediate Management Accounting at level 2 if you wish to develop your management accounting knowledge further. Prior management accounting knowledge is useful but not required.
The module aims to provide an introduction to the fundamental concepts and techniques of management accounting, and the role it plays in planning, decision making and control within organisations. The module covers the principles of management accounting, the principal numerical techniques, and analysis of their results to inform decision making.
On completion of this module, students will be able to identify and interpret:
- The fundamental concepts and techniques of management accounting and apply these to make a variety of business decisions and evaluate performance
- The role of management accounting in supporting planning, decision making and control within organisations
Transferable:
- Extract relevant information to identify solutions from structured scenarios and data
Subject Specific:
- Competently apply numerical skills to manipulate and interrogate management accounting information and financial and non-financial data
- Extract and communicate clearly in writing relevant information from structured scenarios and data in order to assist management in making decisions and evaluating performance
- Interpret financial and non-financial information and data to provide a basic insight into business performance from a management accounting perspective
Indicative content:
- The role of the management accounting information system in planning, decision making and control
- Costing terms and concepts
- Cost behaviour and cost volume profit analysis
- Short-term decision-making and relevant costing
- Cost assignment and product costing
- Pricing decisions and profitability analysis
- Budget preparation
- Budgets for control
- Capital investment decisions
- Performance
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Lecture | 11 | 2 | 22 |
| Seminar | 5 | 1 | 5 |
| Private study hours | 73 | ||
| Total Contact hours | 27 | ||
| Total hours (100hr per 10 credits) | 100 | ||
This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.
Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.
| Exam type | Exam duration | % of formal assessment |
|---|---|---|
| Standard exam (closed essays, MCQs etc) | 2.0 Hrs 0 Mins | 100 |
| Total percentage (Assessment Exams) | 100 | |
The resit for this module will be 100% by 2 hour examination.
The reading list is available from the Library website
Last updated: 4/29/2024
Errors, omissions, failed links etc should be notified to the Catalogue Team