Brief Course Description
1. Course Title:
ACCA_Management Accounting 2
2. Language of Instruction:
English
3. Course Code:
ACC507300
4. Credits:
3
5. Course Objectives:
This course aims to develop learners’ capability to plan, control and evaluate organisational performance using advanced management accounting techniques. It enhances students’ skills in preparing and analysing budgets, interpreting variances, and applying performance measurement tools to support effective managerial decision-making. Learners will also develop the ability to assess financial and non-financial indicators, identify areas for improvement, and provide recommendations that enhance organisational efficiency and value creation. In addition, the course fosters critical thinking, problem-solving abilities and ethical awareness in the context of performance management and resource allocation.
6. Brief Description of Course Content:
This course provides an in-depth introduction to key management accounting topics related to budgeting, costing and performance measurement. It covers the nature and purposes of budgeting, the preparation of functional and master budgets, flexible budgeting, standard costing, and variance analysis, as well as the reconciliation of budgeted and actual profit. Students are also introduced to performance measurement frameworks, including financial ratios, non-financial indicators, the Balanced Scorecard and methods of cost reduction and value enhancement. Through these topics, the course offers a comprehensive understanding of how management accounting information supports organisational planning, control, and performance evaluation.