Module Code: H7MABD
Long Title Management Accounting
Title Management Accounting for Business degree
Module Level: LEVEL 7
EQF Level: 6
EHEA Level: First Cycle
Credits: 5
Module Coordinator: DESMOND GIBNEY
Module Author: DESMOND GIBNEY
Departments: School of Business
Specifications of the qualifications and experience required of staff  
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Demonstrate an understanding of the purpose and scope of management accounting.
LO2 Analyse the role of accounting in managerial planning and control decisions.
LO3 Demonstrate the analytical skills and knowledge required to prepare cost accounting information for use in an organisation.
LO4 Demonstrate an understanding and familiarity with costing methods and systems used in organisations.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Entry requirements  
 

Module Content & Assessment

Indicative Content
Introduction
Purpose of management accounting. Scope of management accounting. Characteristics of management accounting and relationship to financial accounting.
Cost Accumulation Systems
Cost elements and cost classification. Direct materials. Direct labour. Overheads. Allocation, apportionment and absorption of overheads. Absorption costing and overhead absorption rates (OHAR). Job and batch costing methods. Contract costing. Process costing. Joint and by-product costing. Service and operation costing.
Activity – Based Costing (ABC) Systems
Features of the traditional approach of assigning overheads to products. Principles underlying ABC. Utilising ABC. Comparisons of ABC with traditional volume-based approach. Benefits & Limitations of ABC
Marginal Costing and Cost-Volume-Profit (CVP) Analysis
Marginal Costing and Absorption Costing. Basic assumptions of CVP Analysis. Benefits & Limitations - single product scenarios. Break Even Point. Margin of Safety. Graphical representations of CVP information.
Assessment Breakdown%
Coursework30.00%
End of Module Assessment70.00%

Assessments

Full Time

Coursework
Assessment Type: Continuous Assessment % of total: 30
Assessment Date: n/a Outcome addressed: 1,2,3,4
Non-Marked: No
Assessment Description:
During the course of the semester, the learners will be required to undertake an in-class exam. This is designed to test their understanding of the material covered up to that point in time.
End of Module Assessment
Assessment Type: Terminal Exam % of total: 70
Assessment Date: End-of-Semester Outcome addressed: 1,2,3,4
Non-Marked: No
Assessment Description:
End-of-Semester final examination.
No Workplace Assessment
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.

NCIRL reserves the right to alter the nature and timings of assessment

 

Module Workload

Module Target Workload Hours 0 Hours
Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture No Description 2 Every Week 2.00
Tutorial No Description 1 Every Week 1.00
Independent Learning No Description 7.5 Every Week 7.50
Total Weekly Contact Hours 3.00
 

Module Resources

Recommended Book Resources
  • Gail Sheppard. (2011), Management Accounting: A Practical Approach. ISBN 9780717149964, Gill & Macmillan, Dublin.
This module does not have any article/paper resources
This module does not have any other resources
Discussion Note: