Management Accounting

Module Description

This module aims to develop the ability to collect, analyse, and communicate quantitative and qualitative information that feed into effective planning and control decisions. Topics include the changing role of management accounting and basic concepts; product costing and cost accumulation; process costing and hybrid product costing systems; activity-based costing and activity-based management; activity analysis, cost behaviour and cost estimation; cost-volume profit analysis; absorption and variable costing; profit planning and activity-based budgets; standard costing and flexible budgeting; cost management tools; and decision-making. 

These reports typically capture the amount of available cash, the sales revenue generated, the amount of orders in hand, the state of accounts payable and accounts receivable, outstanding debts, raw material and inventory, and may also include trend charts, variance analysis and other statistics. 

Entry Requirements

Candidates who apply for this course must possess one of the following: 

• a Level 6 degree; 

 OR  

• a Level 5 diploma or higher diploma and 5 years’ work experience in a supervisory or managerial role. 

Preference is given to applicants having a Level 6 degree in a discipline related to the study programme and a minimum of 3 years’ work experience in management.  

Target Audience

This course is targeted at management professionals with supervisory and/or middle management experience such as:  

• operations manager/coordinator 
• financial manager 
• supply chain manager 
• shop floor manager/supervisor 
• marketing and sales manager 
• services manager/supervisor. 
• retail managers/supervisors 
• transport managers 
• maintenance managers 
• marketing managers 

The target group focuses primarily on people already employed within supervisory and managerial roles who wish to have a more thorough background in the subject in order to progress further in their careers. 

Career Paths

The programme aims to prepare you for senior posts such as that of general manager, head of department or director of any organisation, both in the private and public sector.  

How you’ll be assessed

The programme comprises a total of 10 modules. The method of assessment is assignment-based.  

The course comprises:  

• 6 lectures per module; 
• 3-hour lectures; 
• 12 hours of online content per module, comprising asynchronous online discussions, tutorials and/or videos.