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- COURSE OBJECTIVES:
The module will help students to develop knowledge and understanding of management accounting techniques to support management in planning, controlling and monitoring performance in a variety of business contexts.
The module starts by introducing the nature, the source and purpose of management information followed by the statistical techniques used to analyze data, then addresses cost accounting and the costing techniques used in business which are essential for any management accountant. It then looks at the preparation and use of budgeting and standard costing and variance analysis as essential tools for planning and controlling business activities, and finally concludes with an introduction to measuring and monitoring the performance of an organization.
- COURSE CONTENT
No.
Content
Time Allocation
Contribution to CLO
Hour(s) on the class
Essays / Team
Assignment
(3)
Self-study with teacher’s tutorials
(4)
Lecture
(1)
Practice
(2)
1
Part A:
Explain the nature, source and purpose of management information
4
2
4
11
1,8,9
2
Part B: Data analysis and statistical techniques
2
1
2
5
2,6, 7, 8
3
Part C:
Cost accounting methods and systems
9
6
9
25
3, 6, 7, 8
4
Midterm/ Progress Test + Revision
3
4
1,2,3,7,8
5
Part D:
Budgeting
8
4
8
22
4,6, 7, 8,9
6
Part E:
Standard costing
5
4
5
15
5,6, 7, 8,9
7
Part F:
Performance measurement
8
4
8
22
2,6, 7, 8,9
Total
36
24
36
104
- COURSE ASSESSMENT
- Score ladder: 10
- Type of assessment
Form
Content
Criteria
CLO
Proportion
Formative
Attendance
The number of attendances and participation in lesson
7,8,9
10%
Quiz, midterm test
Part A – Part D, reading and calculation skill.
Case, Quick test 30 - 45 minutes
1,2,3,7,8
30%
Summative
Final test
Part A – Part E, understand and analyze cases for performance evaluation and decision making.
MCQ (60 - 75 mins)
1,2,3, 4,5,6,7,8,9
60%
Total:
100%