Modiwl ETB-1121:
Principles of Management Accou
Principles of Management Accounting 2023-24
ETB-1121
2023-24
Bangor Business School
Module - Semester 2
20 credits
Module Organiser:
Debbie Gilliland
Overview
This module encompasses marginal analysis; full costing; marginal and costing profit statements; and cash budgets.
Assessment Strategy
-threshold -D- to D+ (40-49%): No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives.
-good -B- to B+ (60-69%): Very good performance Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills.
-excellent -A- to A+ (70%+): Outstanding performance. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.
-another level-C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.
Learning Outcomes
- Be able to classify, estimate and allocate costs and overheads.
- Be able to prepare a cash budget and be able to understand how they are used for planning and control.
- Be able to solve management accounting problems by using quantitative analysis techniques such as Linear Programming.
- Communicate ideas clearly and confidently.
- Understand the difference between Marginal and Absorption Costing and be able to prepare their Profit Statements.
- Understand the relationships between cost, volume and profit.
Assessment method
Exam (Centrally Scheduled)
Assessment type
Crynodol
Description
Final Examination. End of semester exam which assesses student’s understanding of marginal costing and full costing and calculate a worked example using both approaches.
Weighting
80%
Assessment method
Exam (Centrally Scheduled)
Assessment type
Crynodol
Description
Class Test. Mid-semester test which assesses students’ understanding of limiting factor analysis in marginal costing and calculate a worked example.
Weighting
10%
Assessment method
Exam (Centrally Scheduled)
Assessment type
Crynodol
Description
Class Test. End of semester test which assesses students’ understanding of linear programming and calculate a worked example.
Weighting
10%