AC107-Management Information

Module Provider: Business Informatics, Systems and Accounting
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Autumn / Spring term module
Non-modular pre-requisites:
Co-requisites: AC110 Introduction to Accounting and AC109 Introduction to Business
Modules excluded: AC106 Introduction to Management Accounting or AC208 Management Information or AC201 Management Accounting
Current from: 2018/9

Module Convenor: Mrs Maggie Cooper


Type of module:

Summary module description:

This module provides an introduction to management accounting concepts and techniques that assist managers with their organisational decision-making, planning, control and performance evaluation.

This module is delivered at University of Reading, University of Reading Malaysia and Beijing Institute of Technology.

The University of Reading tuition of this module will run over the Autumn and Spring terms.


This module aims to provide students with an understanding of the techniques, principles and underlying concepts relating to the analysis of costings. This involves a consideration of the technical language and practices of management accounting and the theoretical and empirical evidence concerning the development and current practice of management accounting.

Assessable learning outcomes:

By the end of the module it is expected that the student will be able to:

    Programme Level Graduate Attributes/ Learning Objectives
Module Learning Outcomes Description Mastery of discipline Skills in research & enquiry Personal effectiveness & self-awareness Global engagement and multi-cultural awareness Employability
1 Explain the role of management accounting in providing information to managers for decision-making, planning and control. 1 1, 2      
2 Describe and discuss the changes taking place in organisations and the business environment and their influence on mangement accounting systems and practices. 1, 2 1, 2      
3 Produce effective solutions to practical decision-making, planning and control problems by analysing and interpreting information and evaluating options using management accounting concepts and techniques. 1, 2, 3, 4, 5 1, 2 1, 2, 3 1 1 a)-h)
4 Recognise the qualitative aspects, including behavioural aspects, of decision-making, planning and control. To appraise qualitative aspects in relation to management accounting problems. 1, 2, 3     1  
5 Use selcted academic and prfessional literature relevant to management accounting so as to demonstrate the ability to analyse, think critically and synthesise differing perspectives. 4 1, 2      
6 Organise and present information clearly, succinctly and in the required format. 1, 2, 3, 4, 5 1, 2 1, 2, 3 1 1 a)-h)


Additional outcomes:

The module also aims to encourage the development of oral communication skills and the students’ effectiveness in group situations. Structured activities are designed to develop independent learning, including reflective, adaptive and collaborative learning. Students are encouraged to develop additional IT skills through use of relevant web resources and electronic communication techniques, including Blackboard. 


Outline content:

• The role and nature of management accounting;

• Understanding cost classification and cost behaviour;

• Identifying relevant costs and revenues for decision-making

• Applying costing behaviour to inventory valuation and overhead costing.

• Using and interpreting cost-volume-profit analysis (break-even analysis); limiting factor analysis and marginal costing techniques for short-term decision-making 

• Application of full (absorption) and marginal costing with an introduction to activity-based costing; 

• Reconciliation of profits under marginal and absorption costing;

• Application of marginal, absorption and market-based approaches to pricing decisions and profitability analysis;

• Budgeting and forecasting including impact on employee behaviour;

• Preparation of functional and master budgets with evaluation of working capital management;

• Preparation and interpretation of standard costing information and variance analysis;

• Calculation and interpretation of performance management measures including return on investment and residual income;

• Application of investment appraisal techniques including NPV, IRR, ARR and payback period in evaluating a project.

Global context:

Collaborative working and appreciation of differing view points.

Brief description of teaching and learning methods:

The module is delivered through a combination of interactive lectures which will introduce students to topic areas and practical workshops where students will consolidate their understanding through guided question practice and discussion.

Contact hours:
  Autumn Spring Summer
Lectures 10 10
Practicals classes and workshops 10 10 4
Guided independent study 78 78
Total hours by term 98.00 98.00 4.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 80
Class test administered by School 20

Summative assessment- Examinations:

One 2-hour closed book unseen written exam in the Summer term.

Summative assessment- Coursework and in-class tests:

Two 45-minute, closed-book, unseen, in-class, objective tests attempted under exam conditions. The first in-class test will be taken at the end of the Autumn term in week 11. The second in-class test will be taken at the end of the Spring term in week 11. Each in-class test contributes 10% to the total module mark.

Formative assessment methods:

Formative feedback is available throughout the course in lectures and workshops and may take the form of response to questions and activities, feedback from marked independent study and in-class tests. Exam style questions will be practiced in workshops and additional material made available on Blackboard for independent study. Marking guides and feedback are provided where appropriate so that students can assess their own performance.


Penalties for late submission:
The Module Convener will apply the following penalties for work submitted late:

  • where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day[1] (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

  • The University policy statement on penalties for late submission can be found at:
    You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

    Assessment requirements for a pass:

    A minimum mark of 40% is required for a University pass.

    This module contributes to the Management Information module of the ACA Professional Stage Knowledge level. In order to apply for ICAEW credit for prior learning, a minimum mark of 50% must be obtained in this module.


    Reassessment arrangements:

    Reassessment is through exam only in the resit period of the same year. 

    Additional Costs (specified where applicable):

    Last updated: 1 October 2018


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