Postgraduate Course: Accounting, Planning and Strategy (CMSE11173)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 15 |
ECTS Credits | 7.5 |
| Summary | This course is focussed on teaching the principal discipline within the Financial Control function, that of Management Accounting. In the management of a business within a competitive environment Management Accounting fulfils a highly significant strategic role and so this course is designed to teach the principles of management accounting within the strategic context. |
| Course description |
The course objectives are:
* To introduce students to key academic and professional concepts and methods relating to Management Accounting which a company finance executive would be expected to know and understand.
* To understand the strategic context that forms the business boundary within, and both its constraints and opportunities.
* To link management accounting to strategy and the strategising process.
Syllabus
Introduction to costing
Variable and marginal costing:
Standard costing
Issues in divisional performance reporting
Strategy I: The strategic environment Strategy II: Strategy analysis techniques
Cash flow forecasting
Budgeting: creating and using budgets
Strategic Management Accounting Techniques (I): Activity Based Costing,
Strategic Management Accounting Techniques (II): Balanced Scorecard
Strategic Management Accounting Techniques (III): Customer profitability, Competitor Analysis
Student Learning Experience
The course will be based on lectures and case study discussions.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | For Business School PG students only, or by special permission of the School. Please contact the course secretary. |
Course Delivery Information
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| Academic year 2015/16, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
150
(
Lecture Hours 20,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
125 )
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| Assessment (Further Info) |
Written Exam
65 %,
Coursework
10 %,
Practical Exam
25 %
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| Additional Information (Assessment) |
Examination 65%
Group Assignment 25%
Individual Class Participation 10% |
| Feedback |
All students will be given at least one formative feedback or feedforward event for every course they undertake, provided during the semester in which the course is taken and in time to be useful in the completion of summative work on the course. Such feedback may be at course or programme level, but must include input of relevance to each course in the latter case.
For this course specifically students will receive feedback on the group presentations |
| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
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| Main Exam Diet S2 (April/May) | | 2:00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- Explain and discuss critically the strategic context of management accounting and current strategic management accounting techniques
- Construct a cash flow forecast and a budget
- Calculate, explain and discuss critically standard cost variances contribution and break-even-point
- Explain and discuss critically the risk and return profile of differing cost structures
- Discuss critically how manager behaviour can be influenced by performance based incentives and the measurement issues that arise.
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Reading List
Required:
Horngren, C.T., Datar, S., Foster, G. (2012), Cost Accounting: A Managerial Emphasis, 14th global edition. Prentice Hall. |
Additional Information
| Graduate Attributes and Skills |
Cognitive Skills:
After completing this course, students should be able to apply technical knowledge in problem solving.
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| Keywords | finAccountingPlanningandStrategy |
Contacts
| Course organiser | Prof Paulo Quattrone
Tel: (0131 6)51 5541
Email: |
Course secretary | Miss Rachel Allan
Tel: (0131 6)51 3757
Email: |
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