Management Accounting and Business Intelligence
Duration:
1 teaching period
Unit Code:
ACC20007
Contact Hours:
Recommended 10 hours of study per week
About this unit
This unit aims to equip you with enhanced knowledge of management accounting processes and techniques designed to enhance the effective and efficient use of organisational resources. You will learn technical and analytical skills required to analyse relevant information that supports managerial decisions in enhancing both customer and shareholder values.
Content
- Cost behaviour, drivers and estimation
- Introduction to product and service costing
- Overhead costs and Activity based costing
- Tactical decision making
- Job and process costing
- Cost volume profit analysis
- Budgeting
- Standard costing and flexible budgets
- Information systems and data analytics
- Dealing with risk and uncertainty in decision-making
- Advanced variance analysis – material mix and yield variances; sales mix and quantity variances; planning and operational variances