Accounting for strategy BA3230
- Accounting for Management (BA1020)
- Strategic Management (BA2070)
- The domain of strategy, the different views on strategy, and how to analyse the environment.
- Traditional management accounting systems and the various roles they perform in organisations
- An introduction to the concept of strategic management accounting and discussions on some empirical research in the area of strategic management accounting.
- Consider the meaning of ABC and the rationale for its development. The topic will focus mainly on the theoretical issues of ABC.
- The techniques or mechanics of ABC.
- This topic will identify and discuss the rationale for ABM (activity-based management) and will examine some empirical research on the application of both ABM and ABC.
- Introduction to the analysis of the profitability of customers or customer groups.
- Value chain analysis as a competitive tool
- The supply chain management concept and will identify the role of accounting information in supply chain management decisions.
- The role of TQM in achieving competitive advantage.
- Examine both target costing and kaizen costing.
- The concept of the Just-in-Time (JIT) system and we will be looking at the relationship between JIT and management accounting.
- An overview and critique of traditional performance measurement systems and examine the need and types of non-financial performance measures.
- The balanced scorecard concept.
- The role of benchmarking in organisations and the role of management accounting in benchmarking decisions.
- The concept of total life-cycle costing which is the technique used in calculating the cost of the product over its life.
- The theory of constraints and the throughput accounting philosophy.
- How the analyses of capital investment projects can be broadened to include strategic issues.
By the end of this module students should be able to:
- Critically evaluate current and potential strategies for organisational units
- Critically evaluate different theoretical perspectives on strategy making in organisations
- Discuss and critically evaluate management accounting systems
- Critically analyse the changes in the business environment and understand the reasons for the recent upsurge in interest in strategic management accounting
- Critically synthesise the theory and practical application of management accounting systems in supporting strategic decisions
- Design and develop systems for management for strategic decisions, including those for different time-scales in a climate of change.
This module is assessed by a three hour unseen written examination.
- Management and Cost Accounting (Drury C)