Module Details

Module Code: ACCT8004
Title: Strategic Management Acc
Long Title: Strategic Management Acc
NFQ Level: Advanced
Valid From: Semester 1 - 2016/17 ( September 2016 )
Duration: 1 Semester
Credits: 5
Field of Study: 3440 - Accounting, Auditing and Accountability
Module Delivered in: 1 programme(s)
Module Description: This module maps out the contemporary business environment and the associated changes in management accounting. It explores the new cost management and pricing techniques, practices and philosophies associated with strategic management accounting.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 analyse and ascertain the complex changing role which the Strategic Management Accountant plays in the modern business environment.
LO2 compute and compare complex and specialised cost management and pricing techniques which have emerged with or as a response to the changing business environment.
LO3 critique modern cost management techniques.
LO4 apply the specialised strategic management accounting techniques to a range of business contexts.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
11311 ACCT8004 Strategic Management Acc
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Modern Business Environment
Organisational mission, strategy and objectives. The nature of the modern business environment in Ireland. Modern manufacturing techniques. Contemporary management and management accounting techniques.
Modern Management Accounting
Emerging role of the management accountant. Use of advances in IT and ERP systems as a tool for the modern management accountant.
Modern Competitive Strategy
Types of competitive strategy, identifying a sustainable competitive advantage. Impact of JIT and outsourcing. Value chain analysis V Value Added. Limited resources. The role of the management accountant.
New Cost Management Techniques
New cost management techniques such as: Activity Based Costing V traditional costing methods. Target Costing. Cost of Quality. Theory of Constraints. Life Cycle Costing V Strategic Pricing.
Module Content & Assessment
Assessment Breakdown%
Coursework30.00%
End of Module Formal Examination70.00%

Assessments

Coursework
Assessment Type Written Report % of Total Mark 30
Timing Week 8 Learning Outcomes 3,4
Assessment Description
Report on management accounting and cost management techniques in a modern business environment
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 70
Timing End-of-Semester Learning Outcomes 1,2,3,4
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lecture Every Week 4.00 4
Independent & Directed Learning (Non-contact) Non Contact Reviewing notes and recommended readings. Trying examples themselves. Preparation of material for tutorials and lectures. Every Week 3.00 3
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 4.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Independent & Directed Learning (Non-contact) Non Contact Reviewing notes and recommended readings. Trying examples themselves. Preparation of material for tutorials and lectures. Every Week 5.00 5
Lecture Contact lecture Every Week 2.00 2
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Drury, Colin. (2015), Management and Cost Accounting, 9. Cengage Learning, UK, [ISBN: 1408093936].
Supplementary Book Resources
  • Kaplan and Atkinson. (2013), Advanced management accounting, 3. Pearson, [ISBN: 1292026596].
  • Bhimani, Horngren, Datar, Rajan. (2015), Management and Cost Accounting, 6. Pearson, [ISBN: 1292063467].
Recommended Article/Paper Resources
  • Dempsey & Griffin;. (2007), Integrated Information Systems; Choosing the Best System for your organisation, Accountancy Ireland, Dec.
  • Dempsey & Vance. (2006), Advances in Information Technology Enhancing the Profile of the Management Accountant, Irish Business Journal, Volume 2 No 1, p.37 - 42, [ISSN: 1649-7120].
  • Dempsey & Vance;. (2006), Management Accountants; Leading the agenda not just supporting it, Accountancy Ireland, Vol 38 no 6, p.pp 13-15.
  • Dempsey. (2005), ERP and its implications for the role of the Management Accountant, CPA Member E-bulletin, Oct 2005.
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BACCT_8 Bachelor of Business (Honours) in Accounting 7 Mandatory