Module Details

BE151-7-AU-CO: Management Accounting

Year: 2017/18
Department: Essex Business School
Essex credit: 20
ECTS credit: 10
Available to Study Abroad / Exchange Students: No
Full Year Module Available to Study Abroad / Exchange Students for a Single Term: No
Outside Option: No

Supervisor: Professor Teerooven Soobaroyen, Ms Daniela Pianezzi
Teaching Staff: Professor Teerooven Soobaroyen & Daniela Pianezzi
Contact details: Email:

Module is taught during the following terms
Autumn Spring Summer

Module Description

Management accounting is seen as a tool to provide information to internal parties in organisations for decision making planning and control and cost management. The unifying theme of this module is the role played by management accounting information in organisational control and decision making. The aim is to develop a critical understanding of the role of management accounting in organisations.

The module critically examines a range of contemporary issues in management accounting such as activity based costing, strategic management accounting and other management accounting issues. The module critically evaluates contemporary approaches of management control theories to understand the current practices of management accounting locally and globally.


This module aims:

1. to provide students with wider understanding of management accounting by locating management accounting in socio-political, socio-economic and socio-cultural context;
2. to support and encourage education and learning, and foster the capacity for individual study;
3. to encourage and facilitate critical, analytical thinking as a foundation for subsequent academic study, employment and personal development;
4. to provide the necessary support to enable the successful completion of the degree;
5. to develop active learning and self assessment skills

Learning Outcomes

At the end of the module students should be able to:

* understand the history and development of management accounting;
* demonstrate an understanding of contemporary developments in management accounting
* understand the contribution of traditional and contemporary costing methodologies to internal reporting, decision-making and organisational control;
* understand the strengths and limitations of contemporary approaches to cost measurement, performance measurement and management controls;
* understand applications of management accounting in public sector;
* understand contemporary theoretical perspectives on management accounting and control.


The module aims to develop a variety of personal transferable skills by encouraging students to:

* identify and distil key features covered by lectures, seminars and recommended readings;
* participate actively in seminars either by leading discussions or responding to issues raised by teaching staff or peers;
* discriminate between relevant and irrelevant information for the purposes of decision making;
* work effectively as a team member in the development of group preparation and presentation of seminar work;
* analyse data, apply judgement and solve problems;
* communicate effectively in writing by providing clear and concise word-processed essays.
* work under pressure and meet deadlines.

Learning and Teaching Methods

The module consists of 20 contact hours: 1 hour lecture and 1 hour seminar per week plus 1 hour revision lecture in the summer term. The lecture will indicate the main areas and themes that you will consider during the module. All students are required to attend all lectures and seminars. You are expected to complete all readings given for each topic. You are expected to participate actively in seminars either by leading discussions on the case studies provided during the seminars or responding to issues raised by teaching staff or peers.


50 per cent Coursework Mark, 50 per cent Exam Mark


One 2,500 word assignment

Other information

This module is compulsory for:

MSc in Accounting
MSc in Accounting and Finance
MRes in Accounting (compulsory with options)

Postgraduate Administrator - Jade D'Mello

Further information