MBA 511: Managerial Accounting

The main aim of the module is for students to be able to apply techniques that could be used in planning, control, decision-making, stock valuation and profit measurement. The course aims to examine budget theory and the preparation of budgets. The courses aims to introduce marginal costing techniques and for students to apply this knowledge to decision making. Students are also expected to understand the concepts involved in standard costing and variance analysis and to be able to interpret the results.