Brief Course Description
1. Course Title:
ACCA_Management Accounting 1
2. Language of Instruction:
English
3. Course Code:
ACC507299
4. Credits:
3
5. Course Objectives:
This course provides learners with the fundamental knowledge and skills required to understand and apply core management accounting techniques. It equips students with the ability to generate, classify and analyse management information, enabling managers to plan, control and make informed decisions within the organisation. Through topics such as cost classification, data analysis, statistical techniques and basic cost accounting systems, the course supports learners in understanding how reliable information is produced, how cost behaviour is analysed and how different costing methods are used to support operational and managerial activities. Ultimately, the course provides a strong foundation for further study in management accounting and contributes to improving organisational performance through effective management information.
6. Brief Description of Course Content:
This course equips learners with essential knowledge related to management accounting, based on key theoretical principles and practical techniques that support internal decision-making. The course introduces core areas of management accounting, including the nature and purposes of management information, sources and characteristics of data, cost classification, cost behaviour, statistical and analytical tools, and fundamental costing techniques such as materials, labour and overhead accounting, absorption and marginal costing, job and process costing, and alternative cost management methods.
In addition, the course highlights the increasing importance of high-quality information and analytical capabilities in today’s dynamic business environment. Learners are guided to understand how data is collected, processed, and presented, and how management accounting techniques can be applied to organisational planning, control, and performance evaluation. With this practical orientation, the course encourages learners to develop analytical skills, enhance critical thinking and strengthen their ability to evaluate information used in management decision-making.