Management Accounting - Performance Management and Decision Making

To build on the knowledge base acquired in previous accounting modules, delivering to the students more advanced techniques that may be used in decision making in the hospitality environment.

1. Appraise and assess the role of management accounting in decision making in the context of planning, and managing a business in the hospitality business environment.

2. Critically evaluate advanced pricing techniques in the hospitality industry.

3. Apply and evaluate short term decision making techniques and the effect that scarce resources will have on decisions made.

4. Identify and evaluate uncertainty and risk in decision making and problem solving.

5. Apply and evaluate advanced pricing techniques.