Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2024-2025

Module ACCT1101: Fundamentals of Management Accounting

Department: Accounting

ACCT1101: Fundamentals of Management Accounting

Type Tied Level 1 Credits 20 Availability Available in 2024/2025 Module Cap None. Location Durham
Tied to N408
Tied to N409
Tied to N410
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
Preparation, Reading and Independent Study 160
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