Module Details

Module Code: ACCT8005
Title: Strategic Performance Eval
Long Title: Strategic Performance Eval
NFQ Level: Advanced
Valid From: Semester 2 - 2023/24 ( January 2024 )
Duration: 1 Semester
Credits: 5
Field of Study: 3440 - Accounting, Auditing and Accountability
Module Delivered in: 1 programme(s)
Module Description: This module explores the contemporary budgeting, risk, ethics, sustainability, performance measurement across an organisation, customer relationship and other modern modern management issues and the associated involvement of the management accountant.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 analyse and critique the evolving body of management and management accounting techniques in the related areas.
LO2 evaluate and advise management on business decisions using advanced numerical and judgemental skills.
LO3 present to the managerial team the numeracy and qualitative arguments in a convincing and cohesive manner.
LO4 transfer the range of 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
Project Appraisal and Risk
Capital rationing, capital replacement. Probabilities, standard deviations, capital appraisal, certainty equivalence, sensitivity analysis. Maximax, maximin, minimax regret.
Sustainability and Environmental Management Accounting
Corporate Social Responsibility (CSR), Environment Social and Governance Responsibility (CSR) and notions of shared value. Cost information contained within an Environment Management Accounting (EMA) system. Importance and challenges of externalities in the context of EMA. Ethical issues for management accountants, and ethics in budgeting.
Ethics and the Management Accountant
Ethical issues for management accountants, the professional environment, environmental accounting, ethics in budgeting.
Performance Measurement Techniques
Modern techniques such as Balanced Scorecard. Divisional performance - Return on Investment (ROI), Residual Income (RI) , Economic Value Added (EVA). Transfer pricing
Budgeting in a modern business environment
Planning and Operational Variances. Better budgeting techniques. Beyond budgeting techniques
Other modern management techniques and related strategic management accounting techniques
For example; Customer Profitability, Benchmarking
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 7 Learning Outcomes 2,3
Assessment Description
Write a report to the management team in relation to the evaluation of the strategic performance of a company.
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 and practical demonstrations 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 lecturers. Preparation for the continuous assessment and final assessment. 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
Lecture Contact Lecture and practical demonstrations, Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Reviewing notes and recommended readings. Trying examples themselves. Preparation of material for tutorials and lecturers. Preparation for the continuous assessment and final assessment. Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Cengage Learning. MANAGEMENT & COST ACCOUNTING 1, 12th Edition. [ISBN: 978-1-4737-9124-4].
Supplementary Book Resources
  • Atrill and McLaney. (2021), Management Accounting for Decision Makers, 10. Pearson, p.605, [ISBN: 978-1292349459].
  • Tom Groot,Frank H. Selto. (2013), Advanced Management Accounting, Financial Times/Prentice Hall, p.0, [ISBN: 0273730185].
  • Simons, Robert. (2013), Performance Measurement and Control Systems for Implementing Strategy Text and Cases, Pearson, [ISBN: 1292020938].
This module does not have any article/paper resources
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BACCT_8 Bachelor of Business (Honours) in Accounting 8 Mandatory