This course will provide students with a fundamental understanding of how accounting can be used as a tool for management. Students will develop their ability to apply both financial accounting and management accounting principles and understand how management can be guided by such accounting practices.

10 x 2 hour lectures

4 x 2 hour tutorials

None

None

1. Written assignment, including essay; Individual; 2650 words; 75%; ILOs 1, 3, 5.
2. Report; Group; 3150 words; 25%; ILOs 2, 4.

This course aims to provide students with:

■ A clear understanding of the various roles of accounting and finance in organisations, of the tolls and techniques used in these functions and of the many ways of interpreting financial and accounting information.

■ Students will develop the ability to identify theories to apply them with appropriate data and to critically interpret and evaluate the output.

By the end of this course, students will be able to:

1. Evaluate the role of accounting in management.

2. Compare widely accepted financial statements and explain the nature and importance of the regulatory framework surrounding published financial reports.

3. Evaluate the role of sustainability in accounting.

4. Utilise short-term and long-term decision-making techniques and their implications for management. 

5. Apply the knowledge of costing practices and performance measurements practices and their implications for management.