ACCY6101 – Intermediate Management Accounting
Module code
ACCY6101
Module title
Intermediate Management Accounting
Prescription
The aim of this course is to develop the knowledge, skills, and competencies to use management accounting tools to plan, control and inform decisions about business operations.
Programmes
- BI1401
- BI1501
- BI1506
- BS7000
- TP4775
NZQA Level
Level 6
NZQA Credits
15
Delivery method
- Web-Supported
Learning hours
- Total learning hours
- 150
Resources required
- Learning Outcomes
- 1. Explain the role and purpose of management accounting.
2. Apply appropriate quantitative techniques and costing methods for business planning and control.
3. Prepare budgets and forecasts for management purposes.
4. Analyse data and information to support decision-making. - Content
- LO1
• The role and purpose of management accounting
LO2
• Types of costs and cost classifications
• Costing systems:
o job order costing
o process costing
o activity-based costing
o absorption and variable costing
o standard costing and variance analysis
• Inventory management
• Cost-volume profit (CVP) analysis
• Multiple products
• Pricing decisions:
o quantitative factors
o qualitative factors
LO3
• Static and flexible budgeting
LO4
• Problem solving and decision making:
o adding or discontinuing a product line or segment
o joint costs and by-products
o special orders
o make or buy - Teaching and Learning Strategy
- All learning and teaching activities as described in the approved programme and delivery documents are enabled for this course unless specified.
- Basic of Assessment
- Assessment in this course employs an achievement-based grading scheme. Learners will be advised of all matters relating to summative assessment prior to the start of the course.
- Assessment Criteria
- The portfolio is comprised of multiple components. Learners need to provide sufficient evidence against all learning outcomes and gain an overall mark of at least 50% in order to pass this module.
(A minimum of 50% of the portfolio assessment activities will be controlled (supervised/observed) - Learning and Teaching Resource
- All required and recommended resource are provided to learners via course outlines.
