2012/13 Undergraduate Module Catalogue

LUBS2245 Introduction to Management Accounting

10 Credits Class Size: 250

Module manager: Mohammad Alhadab
Email: M.Alhadab@leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2012/13

Pre-requisite qualifications

A pass at A level Mathematics or in LUBS1195 or any equivalent (or more advanced) module in mathematics.

Co-requisites

LUBS2235 Introduction to Financial Accounting

Mutually Exclusive

LUBS1245 Introductory Management Accounting
LUBS1900 Foundations of Accounting
LUBS1915 Introduction to Financial Accounting
LUBS1925 Introduction to Management Accounting

This module is not approved as an Elective

Objectives

To introduce students to the basic concepts of management accounting and its role in planning, decision-making and control.

Learning outcomes

On completion of this module, students should be able to understand and apply:
- the principles of costing
- the concepts of decision making in the short and long term
- management accounting techniques for the purpose of control.

Syllabus

- The role of the management accounting information system in planning, decision making and control
- The principles of cost classification, estimation and overhead allocation
- Cost-volume-profit analysis
- Cost estimation and pricing decisions
- The budgetary process
- The preparation of cash budgets
- Relevant costs and short term decision making
- Long term decision making - payback, accounting rates of return, NPV and IRR
- Standard costing and variance analysis.

Teaching Methods

Delivery type Number Length hours Student hours
Lecture 11 1 11
Seminar 10 1 10
Independent online learning hours 4
Private study hours 75
Total Contact hours 21
Total hours (100hr per 10 credits) 100

Opportunities for Formative Feedback

The methods of formative feedback used on the module include:
- Class questions supported with model answers and success criteria
- On-line MCQ tests.

Exams
Exam type Exam duration % of formal assessment
Standard exam (closed essays, MCQs etc) 2.0 Hrs 0 Mins 100
Total percentage (Assessment Exams) 100

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading List

The reading list is available from the Library website

Last updated: 3/26/2013

Errors, omissions, failed links etc should be notified to the Catalogue Team