Management Accounting

This module introduces the student to decision makers’ use of accounting information in the areas of cost behaviour, decision making using cost volume profit analysis, working capital management and capital investment appraisal.

1. Describe and illustrate the relationship between Financial Accounting, Management Accounting and Business Management.

2. Examine the nature of costs and apply the principles of accounting for overhead costs.

3. Illustrate and discuss the importance of cost volume profit analysis and be able to apply the principles in decision making.

4. To examine the importance of working capital management and to apply techniques in the management of working capital.

5. Evaluate capital investments proposals.