NBS8224 : Introduction to Management Accounting
- Offered for Year: 2025/26
- Module Leader(s): Dr Khansaa Tezeny
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 10 |
| ECTS Credits: | 5.0 |
| European Credit Transfer System | |
Aims
To enable students to critically understand the role that management accounting control information plays in decision making, learning, planning and control within organisations.
This module emphasises the focus on accounting to meet the needs of managers. It stresses the interpretation (rather than the construction) of accounting information as well as a critical (rather than unthinking) acceptance of the underlying assumptions behind accounting numbers.
It is suitable for postgraduate students and practising non-financial managers who need a better understanding of the role of accounting in an organisational context.
Outline Of Syllabus
Introduction to Management Accounting
Relationship between management accounting and financial accounting
Classification of costs
Overview of costing methods
Cost accounting
Importance of cost accounting
Traditional job costing
Activity-based costing
Budgeting for Planning and Control
Budgeting
Standard costs and variance analysis
Performance evaluation
Breakeven analysis
Marginal costing
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 6 | 2:00 | 12:00 | PIP (synchronous) lecture sessions |
| Structured Guided Learning | Lecture materials | 2 | 2:00 | 4:00 | Pre-recorded lecture materials |
| Guided Independent Study | Assessment preparation and completion | 1 | 30:00 | 30:00 | Time for students to complete formative and summative coursework & assessments |
| Guided Independent Study | Directed research and reading | 1 | 30:00 | 30:00 | To study learning materials relating lecture topics |
| Scheduled Learning And Teaching Activities | Small group teaching | 3 | 1:00 | 3:00 | 3 PIP (Synchronous) seminar sessions |
| Structured Guided Learning | Structured non-synchronous discussion | 2 | 1:00 | 2:00 | N/A |
| Guided Independent Study | Independent study | 1 | 19:00 | 19:00 | Balance to equal 100 overall |
| Total | 100:00 |
Teaching Rationale And Relationship
This module focuses on the preparation, interpretation and application of relevant information in Management Accounting, students will obtain the knowledge and skills in cost control, budgeting, and strategic decision making.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 120 | 1 | A | 100 | N/A |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Written exercise | 1 | M | Consultation sessions before the exam to provide feedback to students for their attempts on past exam/mock questions. |
Assessment Rationale And Relationship
The formal examination tests students’ knowledge and skills outcomes in financial and management accounting, focusing on the preparation, interpretation and application of relevant information.
In the case of an alternative semester 2 assessment (worth X% of the overall module mark) being necessary due to circumstances, the module leader will in the first instance consult with the DPD as to the requirements of the professional accrediting body to discuss possible acceptable alternatives. In 2020/21 this alternative was a 24 hour take home exam delivered online, and it is envisioned that if circumstances do not allow a present-in-person timed exam at the end of semester 2, and the professional body agrees, than this may well be an example of the type of alternative assessment which could be put in place.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- NBS8224's Timetable