ACCY7101 – Advanced Management Accounting
Module code
ACCY7101
Module title
Advanced Management Accounting
Prescription
The aim of this course is to develop the knowledge, skills, and competencies to apply advanced management accounting techniques and skills to inform decision making.
Programmes
- BI1401
- BI1501
- HB4036
- TP4775
NZQA Level
Level 7
NZQA Credits
15
Delivery method
- Web-Supported
Learning hours
- Total learning hours
- 150
Resources required
- Learning Outcomes
- 1. Examine the role of management accounting in the contemporary business environment from an operational and strategic approach.
2. Analyse strategic cost and profit management across the value chain.
3. Critically evaluate contemporary issues in performance management and management accounting research.
4. Critically evaluate advanced management accounting issues in assisting strategic decision making. - Content
- LO1
• Introduction to contemporary management accounting
• Role of strategic management accounting in supporting strategy development and day to day operations
• Role of strategy of business (for example Porter’s generic strategies, PESTEL, Porter’s five forces, SWOT, value chain analysis, blue ocean strategy)
• Organisational strategy and structure
• Behavioural concerns of management accounting and ethics in decision-making
LO2
• Evaluation of costing systems
• Contemporary cost management techniques
• Managing cost – total quality management
• Supplier costing and management
• Customer profitability and management
• Transfer pricing
• Revenue management in service organisations
LO3
• Management control systems
• Contemporary approaches in performance management
• Balanced scorecard (including financial and non-financial KPIs)
• Reward systems
• Performance management, employee behaviours and performance
• Non-financial performance measures
• Roles and models of performance measures (including benchmarking
LO4
• Sustainability and management accounting
• Pricing strategies and their consequences
• Product mix decisions
• Product life cycle
• Cultural diversity and cultural integration - Teaching and Learning Strategy
- All learning and teaching activities as described in the approved programme and delivery documents are enabled for this course unless specified.
- Basic of Assessment
- Assessment in this course employs an achievement-based grading scheme. Learners will be advised of all matters relating to summative assessment prior to the start of the course.
- Assessment Criteria
- The portfolio is comprised of multiple components. Learners need to provide sufficient evidence against all learning outcomes and gain an overall mark of at least 50% in order to pass this module.
A minimum of 50% of the portfolio assessment activities will be controlled (supervised/observed). - Learning and Teaching Resource
- All required and recommended resource are provided to learners via course outlines.
