20 credits at level HE7
This module aims to increase students understanding of contemporary issues in management accounting by looking at topics of current strategic importance. Part of the module will be set aside to critically evaluate academic literature in strategic management accounting.
At the end of the module students will be:-
. Able to read and critically evaluate accounting research.
. Examine and introduce key and emerging topics in strategic management accounting.
. Able to evaluate and debate a range of leading edge topics in management accounting.
. Able to facilitate further academic studies.
. aware of conceptual and practical issues of researching into stategic management accounting and decision making.
An introduction to key and emerging themes in strategic management accounting, including introducing a strategy, options and analysis and implementing a strategy.
Information for short term decision making.
Information for long term decision making.
Assessing the competitive environment.
Interacting with the competitive environment.
Strategic management accounting, the experience curve and competitive advantage.
Performance management and budgeting.
Risk and uncertainty including consequence analysis
Balanced scorecard and non financial performance measurement.
Planning, control and analysis for decision making.
The lessons will comprise formal lectures, review of case study material and group presentations by students on contemporary issues in management accounting.
Formal learning time will be directed by subject tutors. Learners will be advised to undertake directed reading and additional study time. The module will endeavour to use a range of technology enhanced learning applications, for example Moodle, forum, blogs, wikis and web-based learning and communication resources. Materials will be available online and students will be encouraged to maintain an online personal learning area.
when you have successfully completed this module you will:
to demonstrate that you have achieved the learning outcome you will:
|1.||Identify relevant stakeholders in respect of an organisation, evaluate the nature of competitive environment,together with the impact of regulatory regimes on strategic planning and evaluation.
Evaluate the nature of competitive environments distinguishing between simple and complicated competitive environments.
Evaluate strategies for response to competition
|Critically evaluate approaches to strategic management accounting|
|2.||Evaluate the impact and influence of the external environment on an organisation and its strategy, and recommend pro-active and reactive strategies to business/Government relations and society in general.
||Critically evaluate the place of enterprise in the broader economic and social environment.|
|3.||Evaluate strategic options and the importance of process innovation and re-engineering using relevant tools and practical examples.||Apply contemporary thinking on strategic management accounting ,identifying and utilising appropriate tools including benchmarking for strategic analysis.|
|4.||Evaluate change management and strategic options in a strategic context, preparing and evaluating multidimensional models of performance meaurement.||Review the linkages between strategic planning and the implementation of those plans, critically reviewing performance measurement systems|
|5.||Understand and critically evaluate current research in strategic management accounting.
Justify and defend a research proposal to an accounting academic
Write a literature review on a current stategic management accounting topic or theme, and justify and defend a research proposal to an educated accounting audience.
Your achievement of the learning outcomes for this module will be tested as follows:
|Description||Select a contemporary issue in management accounting, review the relevant literature, present the conceptual arguments cogently and concisely, identify possible areas for further research. (4,O00 words)||Prepare a powerpoint summary of your literature review for delivery to an educated, but non specialist audience (500 words)|
Before taking this module you must have successfully completed the following:
No restrictions apply.
Guilding, C.(1999) Competitor-focused accounting: An exploratory note, Accounting, Organizations and Society.
Lord, B.(2006) 'Strategic management accounting: the emperor's new clothes', Management Accounting Research, 7(3) pp.347-366. Mac Graw Hill, New-York
Scapens, R.,Hopper, T. and Ashton, D.(2006) Issues in Management Accounting, Prentice Hall. London: Routledge.
Whttington, R.(2001) What is Strategy and Does it Matter?, International Thomson Press.
Accounting, Organizations and Society
Harvard Business Review
Journal of Accounting Literature
Journal of Management Accounting Research
Long Range Planning
Management Accounting Research
Ansari, S, Bell, J, Klammer, T & Lawrence, C. 2004, Managing Strategic Performance, Houghton Mifflin, Boston, Massachusetts, USA.
Langfield-Smith, K, Thorne, H & Hilton, RW, 2004, Management Accounting: Prentice Hall, Harlow, England.
Bromwich, M. and Bhimani, R.(2004) Management Accounting: Pathways to Progress. Thompson Business Press, London, UK.
Grant,R.(2005) Contemporary Strategic Analysis, Blackwell, (5th edition), Oxford, UK.
Jenkins,M. and Ambrosini, V.(2002) Strategic Management. Pearson Education,NY,USA
Johnson, H. and Kaplan, R.(1997) Relevance Lost: The Rise and Fall of Management Accounting, Harvard Business School Press, Boston, USA.
Smith, M.(1997) Strategic Management Accounting. Butterworth-Heineman, Oxford, Uk.
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