Strategic management and accounting

In the first part of the module we examine strategy, assessing the principal theories of strategic management, setting these in the context of key developments in which contemporary business operates. This includes political and regulatory developments, technological change, financialisation and the development of ‘new’ business models.

In the second part of the module we examine the role and use of accounting information by managers in organisations. We will focus on the use of accounting information in decision-making, planning and control in organisations. The module will also cover the use of accounting information in performance management, including strategic approaches.

Topics covered

Main topics of the module include:

• Major approaches to analysing corporate strategy
• Regulatory practices and how these relate to corporate strategy
• Strategic frameworks in a variety of business contexts
• The role of accounting information in organisational contexts
• The use of accounting information in decision making, planning, control and performance management in organisations
• Using accounting information to make recommendations in organisations

Assessment

• Multiple choice question tests (30%)
• Online examination (70%)