Module Specification
Module Title:
Module Code: AC5052
Module Leader:
Performance Management
Accounting
Level: 5
Dr Igbekele Osinubi
Credit: 20
ECTS credit: 10
Pre-requisite: None
Pre-cursor: None
Co-requisite:
Excluded combinations : None
None
Location of delivery: UEL/ Other/ By distance learning
If ‘Other’ please insert location here: Overseas collaborative partnerships
Summary of module for applicants:
This module will develop your knowledge and understanding of management accounting techniques. You
will understand how management accounting techniques can be used to support management in planning,
controlling, and monitoring performance in a variety of business contexts.
Main topics of study:
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Management accounting and the business environment
BEP Analysis and Cost-volume profit analysis
Decision Making Under Conditions of Certainty
Activity-based costing
Budgeting systems and types of budgets
Process Costing, Joint & By-products costing
Life-cycle costing
Standard costing and Variance Analysis
Target Costing
This module will be able to demonstrate at least one of the following examples/ exposures
(please tick one or more of the appropriate boxes, evidence will need to be provided later in this
document)
Live, applied project 
Company/engagement visits ☐
Company/industry sector endorsement/badging/sponsorship/award ☐
Learning Outcomes for the module
The following codes identify where a learning outcome meets one of the UEL core competencies,
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Digital Proficiency - Code = (DP)
Industry Connections - Code = (IC)
Emotional Intelligence Development - Code = (EID)
Social Intelligence Development - Code = (SID)
Physical Intelligence Development - Code = (PID)
Cultural Intelligence Development - Code = (CID)
Community Connections - Code = (CC)
UEL Give-Back - Code = (UGB)
At the end of this module, you will:
Knowledge
1. understand of the role of management accounting in current business environment (PID)
2. understand the use of management accounting techniques (PID)
Thinking skills
3.
4.
apply various management accounting techniques to different decision-making , planning and
control scenarios and interpret the results (PID)
evaluate the validity of the assumptions underlying management accounting techniques in the
context of the current business environment (PID)
Subject-based practical skills
5. evaluate information in business contexts by applying management accounting techniques (IC)
Skills for life and work (general skills)
6. work in small groups to provide solution to business problems and reflect on your own
development (SID)
Teaching/ learning methods/strategies used to enable the achievement of learning outcomes:
For on campus students:
Lectures: Lecturer will present and explain to you the concepts and techniques of management accounting.
The lecturer will stimulate your active participation through various exercises. You will get immediate
formative feedback on your understanding of the concept/technique of management accounting.
Seminars: Lecturer will stimulate your interest to participate and apply of the knowledge you acquired in the
main lecture to a management accounting decision scenario. Lecturer will provide you further questions to
discuss. Lecturer explains how you can interpret the questions to provide appropriate answers. Lecturer will
stimulate your thought to evaluate the validity of management accounting techniques and assumptions made
for its application.
Group work in seminars: You will work in small groups to discuss examples of the application of
management accounting techniques in business contexts.
Guided reading and independent study: Lecturer will encourage you to participate and contribute to
discussions on management accounting techniques
Formative assessments and feedback sessions: You will be guide on how to reflect on your own learning
and progression.
Assessment methods which enable students to
demonstrate the learning outcomes for the module;
please define as necessary:
Weighting:
Learning Outcomes
demonstrated:
Component 1
Group presentation and individual reflection
40%
2, 3, 5, 6
Component 2
90 minutes unseen examination
60%
1-5
Reading and resources for the module:
Core
Seal, W., Rohde, C., Garrison, R.H., and Noreen, E.W. (2019) Management accounting. 6th edn, London:
McGraw-Hill Education
Recommended
Bhimani, A. Datar, S.M., Horngren, C.T., and Rajan, M. (2019) Management and cost accounting. 7th edn,
Harlow: Pearson Education Limited
Burns, J., Quinn, M., Warren, L., and Oliveira, J. (2013) Management accounting. Maidenhead: McGrawHill Education
Drury, C. (2012) Management and cost accounting. 7th edn. Business Press/Thompson Learning,
together with the accompanying Students manual
Young, S. M. (2011) Readings in management accounting. 6th edn, Harlow: Pearson
In addition, students will be expected to read journal articles
Provide evidence of how this module will be able to demonstrate at least one of the following
examples/ exposures
Live, applied project: You will be present a real world case/scenario problem to work in group to provide
solution to the case problem. Your group will do a 10 minutes presentation on your solution to the case
problem. You will then write 600 words reflection on your experience working as member of the team.
Company/engagement visits: NA
Company/industry sector endorsement/badging/sponsorship/award: NA
Indicative
learning and
teaching time
(10 hrs per
credit):
1. Student/tutor
interaction:
Activity
Activity and hours (Defined as lectures, seminars, tutorials, project supervision,
demonstrations, practical classes and workshops, supervised time in
studio/workshop, fieldwork, external visits, work based learning (not placements),
formative assessment) See further descriptions in guidance
http://www.uel.ac.uk/qa/Moduleindicativelearningandteachingtime.docx
48 hours
2. Student
learning time:
Activity (e.g. seminar reading and preparation/assignment preparation/ background
reading/ on-line activities/group work/portfolio/diary preparation, unsupervised studio
work etc):
152 hours
Reading, preparation for seminars, preparing report, carrying out self-assessment
and practice questions, revision for examination
Total hours (1 and
2):
200 hours
Nội dung giảng 2nd semester
Week
Content
Specialist
1
cost and management
accounting techniques
Reference
Part A1, 2ab
Activity-based costing
Target costing
Specialist cost and management
accounting techniques 2
2
Life-cycle costing
Throughput accounting
Environmental accounting
Decision-making techniques
Part A1, 2cde
Learning Outcomes
3, 4, 5
Week
3+4
Content
Relevant cost analysis
Cost volume analysis
Limiting factors
5
Relevant cost analysis
Pricing decisions
6+7
Relevant cost analysis 2
Reference
Learning Outcomes
Materials given by
lecturer
Slides and reading 1, 2, 3, 4, 5, 6, 7
provided by lecturer
Part B3,4
Make-or-buy and other short-termPart C7,8
decisions
Materials given by
Dealing with risk and uncertainty in
lecturer
decisionmaking
Case Attempt 2
8+9
Budgeting and control 1
Part C7
Budgetary systems and types of budget
Quantitative analysis in budgeting
Standard costing
10
Part C8, 9
3, 4, 5, 6, 7, 8, 9
Budgeting and control 3
Part C9
1, 2, 3, 4, 5, 6, 7
Planning and operational variances
Performance analysis
Case Attempt 3
Review
Materials given by
lecturer
Budgeting and control 2
Material mix and yield variances
Sales mix and quantity variances
11+12