Unit information: Strategic Management Accounting in 2028/29

Please note: Programme and unit information may change as the relevant academic field develops. We may also make changes to the structure of programmes and assessments to improve the student experience.

Unit name Strategic Management Accounting
Unit code ACFIM0039
Credit points 20
Level of study M/7
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Myada Tawfik
Open unit status Not open
Units you must take before you take this one (pre-requisite units)

None

Units you must take alongside this one (co-requisite units)

None

Units you may not take alongside this one

None

School/department School of Accounting and Finance - Business School
Faculty Faculty of Social Sciences and Law

Unit Information

Why is this unit important?

The unit builds on the students' understanding of some of the basic financial accounting concepts to take into the realm of management accounting and introduce them to its core concepts and its theoretical and practical underpinnings. It is important for the students to learn about the different types of accounting. The unit discusses various topics of management accounting. There is a lot of reliance on research for this teaching. This is important for students to engage with.

How does this unit fit into your programme of study

This is an optional unit within the MSc Accounting, Finance and Management program. It is taught in TB2 and builds on some of the basic financial accounting knowledge gained in the core units of TB1.

Your learning on this unit

An overview of content

The unit aims to enable students to develop a good understanding of strategic management accounting, including its historical and contemporary context, the core techniques that commonly compose strategic management accounting practices, and the various challenges/difficulties to which these may give rise, especially in contemporary settings.

How will students, personally, be different as a result of the unit

Through the use of calculative analysis and case studies, the unit will develop the students' abilities to analyse strategic management accounting issues and problems, within the wider context of developing employability skills in management such as analytical, communication and research skills.

Learning Outcomes

On successful completion of this unit, the student will:

  1. Be able to apply the calculative principles of a range of contemporary strategic management accounting techniques to relevant management decisions.
  2. Be able to evaluate strengths and weaknesses, and discuss issues regarding implementation and effectiveness of these techniques.
  3. Recognise various contemporary control and strategic challenges, including the wider context of sustainability and sustainable development goals, as well as the growing diversity of organizations and organizational objectives.
  4. Be able to analyze specific problems in contemporary strategic management accounting settings, devise innovative solutions, and communicate these effectively.

How you will learn

How you will learn

Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities. The synchronous activities comprise weekly lectures and fortnightly tutorials delivered in class in an interactive approach.

How you will be assessed

Tasks which help you learn and prepare you for summative tasks (formative):

Group work presentation in Tutorial 3 as well as feedback through tutorials, practice questions and online discussion boards.

Tasks which count towards your unit mark (summative):

  • Group coursework 30% (2,500 word report). This assessment covers all 4 learning outcomes: LO1, LO2, LO3 and LO4.
  • Exam 70% (2 hours, closed book). This assessment covers all 4 learning outcomes: LO1, LO2, LO3 and LO4.

When assessment does not go to plan

A like for like approach will be adopted for reassessments for both the exam and the coursework. For group coursework component, an equivalent individual coursework will be provided (750 words).

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ACFIM0039).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the University Workload statement relating to this unit for more information.

Assessment
The assessment methods listed in this unit specification are designed to enable students to demonstrate the named learning outcomes (LOs). Where a disability prevents a student from undertaking a specific method of assessment, schools will make reasonable adjustments to support a student to demonstrate the LO by an alternative method or with additional resources.

The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates within the Regulations and Code of Practice for Taught Programmes.