Module Code: ACC 223/ACC205: Module Title: Foundations of Management Accounting
Module Code: ACC 223/ACC205: Module Title: Foundations of Management Accounting
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READING LIST
Essential:
Garrison, R.H. & Noreen, E.W. & Brewer, P.C. 12th ed. Managerial Accounting. The McGraw Hill/ Irwin, 2008
Recommended:
Horngren, Foster, Datar, Cost Accounting A Managerial Emphasis, 13th ed, Prentice Hall International, Inc., 2008 Lucey, T. Costing. 7th ed., Cengage Learning 2009. Drury, C. Management and Cost Accounting. 7th ed., Thomson Learning: Business Press, 2008
Assessment
The assessment consists of 2 components. These two components are as follows: First Main Component: 1 inclassTest(30%) Second Main Component: A Two-hour Final Examination which would take place at the end of the programme. (70%)
TOPICS COVERED
Introduction to Management Accounting Cost Classification Stock Valuation Activity Based Costing Marginal and Absorption Costing Short Term Budgeting Long Term Budgeting Control
Main Points to be covered: Definition & Main Purposes of Accounting; Users of Accounting Information; Differences between Management Accounting, Cost Accounting & Financial Accounting;
CLASS ATTENDANCE
Be prepared for each class. Make revision of lesson covered in the previous class. Upload notes from the Inti Online If absent, get notes from friends and read up.