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ACCT3031: Strategic Management Accounting

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Type Tied
Level 3
Credits 20
Availability Not available in 2024/2025
Module Cap None.
Location Durham
Department Accounting

Prerequisites

  • Management AccountingACCT2051

Corequisites

  • None.

Excluded Combinations of Modules

  • None.

Aims

  • This module aims to further enhance knowledge and skills in management accounting with a focus on strategic decision making in the organisation and includes performance management, risk management and sustainability in the modern organisation.

Content

  • Performance Management considering shareholder and stakeholder approaches
  • Management Accounting for sustainability including ethical and environmental issues
  • Incentives and managerial compensation
  • Management accounting in the public sector
  • Risk Management including strategic risk, enterprise risk, cyber risk and internal controls

Learning Outcomes

Subject-specific Knowledge:

  • A critical understanding of the impact of management accounting on key strategic issues faced by organisations
  • A critical understanding of the interrelationship of management accounting with strategy and sustainability
  • A critical understanding of interrelationships of management accounting with strategy and risk management
  • An appreciation of recent academic literature and its implications for current management accounting practice.

Subject-specific Skills:

  • Assessment of contemporary risks at a strategic level
  • Analyse internal controls for risk management
  • Develop analytical skills for critiquing current carbon accounting practice

Key Skills:

  • Written communication
  • Computer Literacy
  • Presentation skills

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Teaching is by lectures and seminars. Learning takes place through attendance at lectures, preparation for and participation in seminars, and private study.
  • Formative assessment is through a presentation.
  • Summative assessment is by means of a written examination.

Teaching Methods and Learning Hours

ActivityNumberFrequencyDurationTotalMonitored
Lectures201 weekly1 hour20 
Revision Lectures21 per week in term 31 hour2 
Seminars84 in term 1, 4 in term 21 hour8Yes
Preparation and Reading170 
Total200 

Summative Assessment

Component: ExaminationComponent Weighting: 100%
ElementLength / DurationElement WeightingResit Opportunity
One written examination3 hours100 

Formative Assessment

Presentation

More information

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