Undergraduate Programme and Module Handbook 2023-2024

Module ACCT1101: Fundamentals of Management Accounting

Department: Accounting

ACCT1101: Fundamentals of Management Accounting

Type	Tied	Level	1	Credits	20	Availability	Available in 2023/24	Module Cap	None.	Location	Durham

Tied to	N408
Tied to	N409
Tied to	NN43
Tied to	N302
Tied to	N304
Tied to	NN42
Tied to	N204
Tied to	N206

Prerequisites

None

Corequisites

None

Excluded Combination of Modules

None

Aims

To enable students to understand, apply and critically appraise the fundamental knowledge and techniques that underpin management accounting.

Content

The context of management accounting
Costing
Planning and control
Decision making

Learning Outcomes

Subject-specific Knowledge:

On completion of this module students should:
Have knowledge of the costs associated with the production of products and provision of services.
Have knowledge of different methods of budgeting.
Have knowledge of different management decision-making techniques.

Subject-specific Skills:

On completion of this module students should:
Be able to select appropriate budgeting approaches and methods and prepare budgets.
Be able to select appropriate performance measures and calculate differences between actual performance and standards or budgets.
Be able to identify and calculate relevant data for use in management decision making.

Key Skills:

Data handling and synthesis
Problem solving and analysis
Written communication
Planning, organisation and time management

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

Learning will be based on workshops which will use a variety of pedagogical approaches to enable knowledge transfer and practical skills development. This will be enhanced by independent study.
Formative assessment is by means of a practice test.
Summative assessment is by means of a timed, invigilated examination.

Teaching Methods and Learning Hours

Activity	Number	Frequency	Duration	Total/Hours
Workshops	20	2 per week	2 hours	40	■
Revision webinar	1	Once	2 hours	2
Preparation, Reading and Independent Study				158
Total				200

Summative Assessment

Component: Examination		Component Weighting: 100%
Element	Length / duration	Element Weighting	Resit Opportunity
In-person Written Examination	2 hours	100%	same

Formative Assessment:

Practice test

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University