Module Code - Title:
AC4028
-
STRATEGIC PERFORMANCE MANAGEMENT
Year Last Offered:
N/A
Hours Per Week:
Grading Type:
N
Prerequisite Modules:
Rationale and Purpose of the Module:
This module further enhances students understanding of the role and purpose of management accounting in the management process. It deals with the applications and systems of management accounting and how they serve the information needs of contemporary organisations.
Syllabus:
The syllabus covers the following range of topics: The contribution of the Management Accountant’s Role in the Organisation; Product costing using Process Costing; Allocating costs for joint products and by products; Allocating common and support departments costs; Determining relevant revenues and costs items for decision making purposes; Managing Inventory; Balanced Scorecard, the Cost of Quality and Theory of Constraints, Determining prices; Evaluating divisional performance and transfer pricing within a decentralised organisation.
Learning Outcomes:
Cognitive (Knowledge, Understanding, Application, Analysis, Evaluation, Synthesis)
On successful completion of this module, students will be able to:
Explain the principles underpinning the framework for strategic decision making including where relevant, management accounting data to support an organisations competitive advantage.
Determine the appropriate management costing system for a business to appropriately cost and price its product(s) or service(s) and advise management on the appropriate treatment of divisional support costs and revenues.
Analyse an organisations strategic performance and implementation through the application of contemporary management accounting techniques.
Evaluate the different approaches in measuring performance of a divisionalised organisation (Multi-National Enterprise).
Affective (Attitudes and Values)
On successful completion of this module, students will be able to:
Recognise and apply ethical guidelines in a professionally responsible manner which clearly demonstrates a civic awareness and a clear understanding of corporate social responsibility in the contemporary business environment.
Psychomotor (Physical Skills)
N/A
How the Module will be Taught and what will be the Learning Experiences of the Students:
This module will be taught through weekly lectures and tutorials and self-directed study. Over the course of the semester the students will gain the knowledge and understanding of the role and purpose of management accounting. The self-directed study component is delivered through an e-learning platform which accompanies the prime text. This approach strongly supports the learner’s development of key graduate attributes, specifically the ‘curious’ and ‘responsible’ graduate attributes. These attributes are attained by developing problem-solving and critical thinking capacities while also ensuring that students are clearly aware of the ethical and professional challenges which face the accounting profession.
Prime Texts:
Blocher, E.J., Stout, D.E., Juras, P.E., Smith, S. (2024)
Cost Management: A Strategic Emphasis (International Edition)
, McGraw Hill Education Limited
Other Relevant Texts:
Bhimani, A., Horngren, C.T., Datar, S.M. and Rajan, M.V. (2023)
Management and Cost Accounting, 8th edition., (Global Edition)
, Pearson Education Limited
Drury, C. (2024)
Management and Cost Accounting, 12th edition
, Cengage Learning
Seal, W., Rhode, C., Garrison, R.H. and Noreen, E. W. (2019)
Management Accounting, 6th edition
, McGraw-Hill Education
Programme(s) in which this Module is Offered:
BACHELOR OF BUSINESS STUDIES
BACHELOR OF BUSINESS STUDIES WITH FRENCH
BACHELOR OF BUSINESS STUDIES WITH GERMAN
BACHELOR OF BUSINESS STUDIES WITH JAPANESE
BACHELOR OF BUSINESS STUDIES WITH SPANISH
Semester(s) Module is Offered:
Spring
Module Leader:
C.Egan.Browne@ul.ie