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Fundamentals of Management Accounting M

Unit code: BMAN10632M
Credit Rating: 10
Unit level: Level 1
Teaching period(s): Semester 2
Offered by Alliance Manchester Business School
Available as a free choice unit?: N



Additional Requirements

BMAN10621(M) & BMAN10632(B) is a pre-requisite of BMAN 10632(M). This course is restricted to students on Management, Management specialisms, IMABS, IM & ITMB.

Pre-requisite course units have to be passed by 40% or above at the first attempt unless a higher percentage is indicated within this course outline. If the pre-requisite unit is defined as a compulsory course unit within your programme of study (Maths with Finance, IBFE, Accounting, BA Econ pathways for example) then progression onto the dependent unit is permitted as long as you have gained the appropriate amount of credit to progress on to the following year of your registered undergraduate programme.



This course aims to give students an understanding of the fundamental principles and concepts involved in management accounting from the perspective of business decision makers rather than accounting specialists. It aims to introduce techniques of how to produce useful information, how to analyse that information to help a business plan and control its activities, and to assist in making informed decisions in various commercial circumstances.


Topics studied are as follows:

•       Introduction to management accounting

•       Cost-Volume-Profit Analysis

•       Relevant and Marginal Costing for decision making

•       Full Costing

•       Budgeting and Control

•       Strategic Management Accounting

Teaching and learning methods

Methods of delivery - lectures and workshops.
Lecture hours: 19 hours lectures
Workshops : 1 hour per week for 6 weeks.
Independent : 75 hours

Total study hours: 100 hours split between lectures, classes, self study and preparation for classes, coursework and examinations.

Note: Independent study includes reading, preparation for classes, homework and completion of practical quizzes, preparation for coursework and exam.

Learning outcomes

At the end of this course, you should be able to:

  • Explain and discuss the differences between financial accounting and management accounting. Discuss the types of decisions where management accounting can provide useful information.
  • Understand cost behaviour in relation to output; calculate break-even point and margin of safety. Use marginal analysis and relevant costing technique to make a variety of short-term business decisions.
  • Calculate the full cost using the traditional and activity based costing approaches.  
  • Explain the interlinking of various budgets within a business, prepare budgets and conduct basic variance analysis, and discuss the limitations of budgets for performance evaluation.
  • Consider non-financial information for different types of industries and scenarios and use this information to evaluate performance and make informed business decisions.

Assessment Further Information

20% : coursework during the semester. The coursework consists of homework prepared for workshops, and mid-term test. Non-submission of homework is penalised by marks deducted from the final grade.

80% : A closed-book examination in the summer period. Duration 2 hours. Conducted under examination conditions.

Recommended reading

Atrill and McLaney ’Management Accounting for Decision Makers’, 8th Edition ISBN 9781292072432; 7th Edition ISBN10: 0-273-76226-5 or 6th Edition, ISBN 978-0-273-72362-2

Supplemetary Text Book

"Will Seal, Management Accounting for Business Decisions, 2011, McGraw-Hill

ISBN-13 9780077126728.

ISBN-10 0077126728



Feedback methods

  •  Informal advice and discussion during a lecture, or workshop.
  • Online exercises and practice quizzes delivered through the Blackboard course space.
  • Responses to students’ emails and questions from a member of staff.
  •  Feedback provided  via the online discussion forum.
  • Written and/or verbal comments on practical/worked exercises.
  • Feedback on coursework performance
  • Generic feedback posted on Blackboard regarding overall examination performance.


Study hours

  • Assessment written exam - 2 hours
  • Lectures - 19 hours
  • Practical classes & workshops - 6 hours
  • Independent study hours - 73 hours

Teaching staff

Natalya Shiryaeva - Unit coordinator

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