Undergraduate Programme and Module Handbook 2024-2025
Module ACCT3031: Strategic Management Accounting
Department: Accounting
ACCT3031: Strategic Management Accounting
| Type | Tied | Level | 3 | Credits | 20 | Availability | Not available in 2024/2025 | Module Cap | None. | Location | Durham |
|---|
| Tied to | NN43 |
|---|---|
| Tied to | NN42 |
| Tied to | N302 |
| Tied to | N304 |
| Tied to | N204 |
| Tied to | N206 |
Prerequisites
- Management Accounting ACCT2051
Corequisites
- None.
Excluded Combination of Modules
- None.
Aims
- This module aims to further enhance knowledge and skills in management accounting with a focus on strategic decision making in the organisation and includes performance management, risk management and sustainability in the modern organisation.
Content
- Performance Management considering shareholder and stakeholder approaches
- Management Accounting for sustainability including ethical and environmental issues
- Incentives and managerial compensation
- Management accounting in the public sector
- Risk Management including strategic risk, enterprise risk, cyber risk and internal controls
Learning Outcomes
Subject-specific Knowledge:
- A critical understanding of the impact of management accounting on key strategic issues faced by organisations
- A critical understanding of the interrelationship of management accounting with strategy and sustainability
- A critical understanding of interrelationships of management accounting with strategy and risk management
- An appreciation of recent academic literature and its implications for current management accounting practice.
Subject-specific Skills:
- Assessment of contemporary risks at a strategic level
- Analyse internal controls for risk management
- Develop analytical skills for critiquing current carbon accounting practice
Key Skills:
- Written communication
- Computer Literacy
- Presentation skills
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Teaching is by lectures and seminars. Learning takes place through attendance at lectures, preparation for and participation in seminars, and private study.
- Formative assessment is through a presentation.
- Summative assessment is by means of a written examination.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| Lectures | 20 | 1 weekly | 1 hour | 20 | |
| Revision Lectures | 2 | 1 per week in term 3 | 1 hour | 2 | |
| Seminars | 8 | 4 in term 1, 4 in term 2 | 1 hour | 8 | ■ |
| Preparation and Reading | 170 | ||||
| Total | 200 |
Summative Assessment
| Component: Examination | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| One written examination | 3 hours | 100% | |
Formative Assessment:
Presentation
■ 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