Course Information Package
|Course Unit Title||ADVANCED MANAGEMENT ACCOUNTING II|
|Course Unit Code||ABSA406|
|Course Unit Details||BA Business Administration (DL) (Business Electives) -|
|Number of ECTS credits allocated||5|
|Learning Outcomes of the course unit||By the end of the course, the students should be able to:|
|Mode of Delivery||Face-to-face|
|Recommended optional program components||NONE|
Strategic Management Accounting: Corporate strategy as opposed to operational strategy. Life cycle issues in management accounting. The benchmarking technique. Risk and uncertainty techniques in management accounting. Strategic management accounting techniques.
Developments in management accounting: Current issues in management accounting such as material requirement planning, balance scorecards and balanced scorecards and their relevance and application.
Short-term decisions: Relevant and irrelevant costs. Cost volume profit analysis and decision-making.
Management Information: Sources of information within and outside the firm. Information technology and management information. Accounting information for strategic planning, management control, operational control and decision-making. Relationship between information requirements and management structure.
Activity based budgeting: Purpose and approaches of activity based budgeting. Activity based budgeting techniques. Quantitative aids in budgeting. Current developments in budgeting.
Pricing decisions: The economic model in pricing decisions. Costing techniques for pricing decisions. Advanced costing techniques for pricing such as target pricing and price based approaches.
Limiting factors: Limiting factors in decision making. Techniques used in solving one limiting factor in decisions and multi-limiting factors in decisions such as linear programming techniques.
|Recommended and/or required reading:|
|Planned learning activities and teaching methods|
The taught part of course is delivered to the students by means of lectures. Lecture notes and presentations are available through the web for students to use in combination with the textbooks.Lectures are supplemented with class exercises carried out in class and via homework. The students will be asked to complete an assignment during the course.
|Assessment methods and criteria|
|Language of instruction||English|