AC302-Advanced Management Accounting

Module Provider: International Business and Strategy
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Autumn term module
Pre-requisites: AC201 Management Accounting or AC208 Management Information
Non-modular pre-requisites:
Modules excluded:
Module version for: 2016/7

Module Convenor: Dr Seraina Anagnostopoulou


Summary module description:
This module builds on the concepts and techniques of management accounting introduced in AC201 or AC208.

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

This module aims to provide students with an advanced understanding of the techniques, principles and underlying concepts relating to the provision and use of financial information in organisational decision-making, planning and control. An emphasis is placed on the strategically focused organisation in the modern business environment.

Assessable learning outcomes:
By the end of the module it is expected that students will be able to:
1. Discuss the requirements of accounting for managers in relation to planning, decision making and control in the modern business context.
2. Prepare or complete quantitative statements to provide a basis for effective management problem solving and decision-making.
3. Recognise and discuss the qualitative aspects, including behavioural aspects, of decision-making, planning and control and appraise these in relation to management accounting problems especially in relation to:
a. the effects of using traditional management accounting systems in a modern business environment
b. performance measurement and performance management
c. organisational change
d. effective remuneration and incentive (reward) systems.
4. Organise and communicate information clearly, succinctly and in the required format, both under timed conditions and in assessed work.
5. Critically assess selected academic and professional literature.

Additional outcomes:
Structured activities are designed to develop independent learning, including reflective, adaptive and collaborative learning. Students will be provided with opportunities to use information and communications technology for business applications through use of relevant web resources and electronic communication techniques, including Blackboard. An emphasis is placed on collaborative learning through use of Blackboard Wikis or the Discussion Board to develop solutions to case study problems.

Outline content:
Use of traditional management accounting in the modern business environment; analysis of costs using high/low and regression methods; advanced costing techniques; multiple product CVP; multiple scarce resources and the calculation of shadow prices; pricing strategies including the consideration and calculation of price elasticity of demand; effects of the learning curve; performance measures, including balanced scorecard; divisionalisation; behavioural factors in decision making processes including a consideration of remuneration and incentive (reward) systems;.

Brief description of teaching and learning methods:
Lectures will be used for the exposition of the main concepts, principles and techniques associated with the discipline. Workshops will focus on numerical practice and discussion of examination style and case study questions.

Contact hours:
  Autumn Spring Summer
Lectures 20 2
Practicals classes and workshops 16 2
Guided independent study 160
Total hours by term 196.00 4.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 70
Written assignment including essay 15
Class test administered by School 15

Other information on summative assessment:

Formative assessment methods:
Formative assessments are available in the text book for all topics. In addition, exam style questions are available on Blackboard and students will practice exam style questions and case studies in workshops. Marking guides and feedback are provided where appropriate so that students can assess their own performance.

Penalties for late submission:
The Module Convenor will apply the following penalties for work submitted late, in accordance with the University policy.

  • where the piece of work is submitted up to one calendar week after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for the piece of work will be deducted from the mark for each working day (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.

    Length of examination:
    One 2 hour closed book unseen written exam in the Summer term.

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

    Reassessment arrangements:
    Reassessment is through examination only in August / September of the same year.

    Additional Costs (specified where applicable):
    1) Required text books: Title: AC302 Advanced Management Accounting: custom edition (2015)
    Author: Colin Drury
    ISBN: 9781473735149
    Price: £20.50
    2) Specialist equipment or materials: scientific calculator (for example: Casio fx-83GT Plus £9.00)
    3) Specialist clothing, footwear or headgear:
    4) Printing and binding:
    5) Computers and devices with a particular specification:
    6) Travel, accommodation and subsistence:

    Last updated: 21 December 2016

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