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MN20690: Intermediate management accounting

[Page last updated: 05 August 2021]

Academic Year: 2021/2
Owning Department/School: School of Management
Credits: 6 [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Intermediate (FHEQ level 5)
Semester 2
Assessment Summary: EX 100%
Assessment Detail:
  • Examination (EX 100% - Qualifying Mark: 35)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites: Before taking this module you must take MN10668
In taking this module you cannot take MN20485
Aims: The aim of this unit is to introduce students to: 1.Contemporary costing techniques and their uses in the modern manufacturing and commercial environment. 2.The use of management accounting information for decision making, planning and control and performance measurement. 3.The behavioural consequences of management accounting information, tools and techniques.

Learning Outcomes: On completion of this unit students should be able to:
1. Prepare costing information using a variety of costing techniques for a range of purposes in a range of modern business environments.
2. Critically appraise the methods and techniques of costing etc. Assess the implications of their use and the circumstances in which each technique is most appropriately used.
3. Use appropriate management accounting information and techniques in a range of short and longer term decision making scenarios and to interpret the results.
4. Demonstrate an understanding of the role of management accounting information in planning and control, including the operation and behavioural aspects of budgetary control systems.
5. Understand and use the techniques involved in standard costing and variance analysis.
6. Apply qualitative and quantitative management accounting techniques to a variety of contexts.
7. Appraise policies for the setting of prices

Skills: Intellectual skills
* Use appropriate financial analysis and computational techniques to compute financial information which is useful in a management accounting context (TFA)
* Evaluate and assess the relative merits of quantitative techniques used (TFA)
* Identifying financial information and analytical techniques relevant to a particular purpose (T/A)
* Interpreting the results of analysis in a manner pertinent to a specified problem/objective (T/A).
Professional/Practical Skills
* Recommend courses of management action based on an assessment of financial implications (T/A);
* Construction of relevant costing, financial analysis and budget statements in a format suitable for general readership (T/F/A);
Transferable/Key Skills
* Applying a range of quantitative analysis techniques in a variety of business environments(F)
* Critical skills in the application of techniques and the interpretation of results (FA)

Content: 1. Cost estimation and cost behaviour
2. Activity Based Costing - itself and in contrast to other costing techniques
3. Limiting factor analysis and Linear programming - multiple constraints
4. Relevant costs and decision making
5. Aspects of Pricing
6. Budgeting
7. Management control systems
8. Variance analysis
9. Advanced Variance analysis.

Programme availability:

MN20690 is Compulsory on the following programmes:

School of Management
  • UMMN-AFB02 : BSc(Hons) Accounting and Finance (Year 2)
  • UMMN-AKB02 : BSc(Hons) Accounting and Finance with Year long work placement (Year 2)


  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.