fgn.docx - Unit 5: Management Accounting Unit code...

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Unit5:ManagementAccountingUnitcodeH/508/0489UnittypeCoreUnitlevel4Creditvalue15IntroductionTheoverallaimofthisunitistointroducethefundamentalsofmanagementaccountingwhichapplytothewiderbusinessenvironmentandtheorganisationswhichoperatewithinthatenvironment.Studentswillexplorehowmanagementaccountingusesfinancialdatatoaidplanningdecisions,andthemonitoringandcontroloffinancewithinorganisations.Onsuccessfulcompletionofthisunitstudentswillbeinapositiontopresentfinancialstatementsinaworkplacecontextandbeabletoassistseniorcolleagueswithfinancialbusinessplanning.Inaddition,studentswillhavethefundamentalknowledgeandskillstoprogressontoahigherlevelofstudy.LearningOutcomesBytheendofthisunitastudentwillbeableto:1Demonstrateanunderstandingofmanagementaccountingsystems.2Applyarangeofmanagementaccountingtechniques.3Explaintheuseofplanningtoolsusedinmanagementaccounting.4Comparewaysinwhichorganisationscouldusemanagementaccountingtorespondtofinancialproblems.
EssentialContentLO1DemonstrateanunderstandingofmanagementaccountingsystemsIntroductiontomanagementaccounting:Whatismanagementaccounting?Definitionofmanagementaccounting.Whatisamanagementaccountingsystem?Whyisitimportanttointegratethesewithinanorganisation?Exploretheorigin,roleandprinciplesofmanagementaccounting.Thedistinctionbetweenmanagementandfinancialaccounting.

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Term
Fall
Professor
Azizul Hakim
Tags
management accountant

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