Entry requirements and weighting

Credit Points:15 credit points
Level: Year 1, Core

Brief description

GA512 Management Accounting explains to students the function and role of the management accountant in a contemporary business environment. Students should become competent in applying management accounting theories, tools, and practices in assisting decision making and in defining and resolving other problems common to management. In addition, the unit should develop an understanding of how to identify, seek out, and present information needed by management in decision making.

This unit will cover the following topics:

  1. An Introduction to management Accounting
  2. Cost –Volume-Profit Analysis
  3. Incremental Analysis and Pricing
  4. Variable Costing: A decision making perspective
  5. Budgetary Control and Responsibility Accounting
  6. Planning for capital investment
  7. Job Order Cost Accounting
  8. Process Cost Accounting
  9. Activity Based Costing
  10. Standard Costs and the Balanced Scorecard

Learning outcomes

Students will gain the following capabilities, competencies, and professional skills upon completion of this unit


  1. To understand the function and role of the management accountant in a contemporary business environment    
  2. To apply management accounting practices and  theories to solve  management problems
  3. To identify and use appropriate management accounting systems that  assist in decision making
  4. Value and understand the importance of the role of  management accounting systems
  5. Develop flexible approaches to problem solving