BSc Accounting and Finance, BSc International Accounting and Finance, BSc MBF only.
Exclusions
Description
The role of management accounting in the management process; cost units objectives, concepts and classification; accounting for materials, labour and overheads; job costing, process costing and activity based costing; absorption and variable costing, cost-volume-profit analysis.
Learning Outcomes
On completion of this module the student should be able to:
Appreciate the conceptual framework of cost and management accounting including its role in decision-making;
Have a thorough understanding of the documents, procedures and records relating to accounting for materials, labour and overheads;
Have a detailed working knowledge of different costing methods.