AC302-Advanced Management Accounting

Module Provider: Business Informatics, Systems and Accounting
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Autumn term module
Pre-requisites: AC201 Management Accounting or AC220 Further Management Accounting
Non-modular pre-requisites:
Modules excluded:
Current from: 2023/4

Module Convenor: Mr Edward Tew

Type of module:

Summary module description:

This module builds on the concepts and techniques of management accounting introduced in AC201 and AC220. Management accounting may be seen as a way of providing information in three main areas: costing, decision-making, and planning and control. The emphasis of this module will mainly be on the last two areas (i.e., decision making and planning and control). In reality, however, it is often difficult to separate any one area from the other two. For example, standard costing provides costing information which is then used as a tool for planning and control.

?This module is also delivered at University of Reading Malaysia. 


This module aims to further develop students’ critical understanding of the role of management accounting in organisational decision making and control. It seeks to provide students with a critical conceptual and technical understanding of management accounting tools and techniques relating to the provision and use of financial and managerial information in organisational decision-making, planning, control and performance management. 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. Evaluate the changing role of management accounting and management accountants in the modern business context. 

2. Recognise and discuss the quantitative and qualitative aspects, including behavioural aspects, of decision-making, planning, control, and performance management in the modern business context.  

3. Organise and communicate information clearly, succinctly and in the required format, both under timed conditions and in assessed work; and

4. 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:

  • Contemporary issues in management accounting 

  • Advanced Performance Measurement I: Management Control systems 

  • Advanced Performance Measurement II: Divisional Performance Measurement and Management  

  • Advanced Performance Measurement III: Balanced Scorecard 

  • Strategic Cost and Management accounting.

  • Strategic Pricing Techniques: Pricing theory/decisions and Profitability Analysis 

Global context:

The module is situated in an internationalised context. Relevant case studies will be drawn on where necessary, to explore and develop a practical understanding of aspects of the module.


Brief description of teaching and learning methods:

A combination of lectures and practical classes/workshops will be used for the delivery of the module. Lectures will be used for the exposition of the main concepts, principles and techniques associated with the discipline. The 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
Guided independent study:      
    Wider reading (independent) 25
    Wider reading (directed) 20
    Exam revision/preparation 22 20
    Advance preparation for classes 20
    Completion of formative assessment tasks 20
    Group study tasks 20
    Essay preparation 5
    Reflection 10
Total hours by term 156 22 22
Total hours for module 200

Summative Assessment Methods:
Method Percentage
Written exam 70
Written assignment including essay 30

Summative assessment- Examinations:

One 2.5 hour closed book unseen written exam in the Summer term.

The examination for this module will require a narrowly defined time window and is likely to be held in a dedicated exam venue.

Summative assessment- Coursework and in-class tests:

One 2000-word written group coursework essay to be submitted by the end of week 7/8, Autumn term. The group coursework will contribute 30% to the overall module marks.

Formative assessment methods:

Formative assessments are available in the textbook 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.



Assessment 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):

Required text books : Drury C, 2021.  Management and Cost Accounting, 11 ed., Cengage: London.

Any non-programmable calculator - Approximately £15

Last updated: 30 March 2023


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