MN52050: Accounting for operations and supply chain management
[Page last updated: 23 October 2023]
| Academic Year: | 2023/24 |
| Owning Department/School: | School of Management |
| Credits: | 5 [equivalent to 10 CATS credits] |
| Notional Study Hours: | 100 |
| Level: | Masters UG & PG (FHEQ level 7) |
| Period: |
- Semester 1
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| Assessment Summary: | EXCB 100% |
| Assessment Detail: |
- Accounting for Operations and Supply Chain Management: Exam (EXCB 100%)
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| Supplementary Assessment: |
- Like-for-like reassessment (where allowed by programme regulations)
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| Requisites: |
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| Learning Outcomes: |
At the end of the unit, you will be able to:
- Explain the nature and roles of accounting with a focus on operations and purchasing and the purpose of the three major accounting statements.
- Use tools to analyse the organisation' operational performance.
- Formulate an understanding of basic costing techniques and its links to decision making.
- Define a budget and show how budgets, corporate objectives, long-term plans and stock management are interrelated.
- Explore process costing methodologies.
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| Synopsis: | Develop an understanding of key financial information in the organisation. You will learn how decisions made in procurement and production affect the overall performance of the product, department and organisation.
The financial accounting part of the unit will develop your understanding of financial information and how to generate financial statements.
In the management accounting part of the unit You will learn to use financial accounting information as a basis for decision-making.
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| Content: | Key elements to be included include:
- Overview of accounts and accounting statements
- Use of management information for internal analysis and decision making
- Introduction of key budgeting concepts for manufacturing and managing supply constraints
- Introduction to transfer pricing
- Other topics relevant to operations, logistics and supply chain management processes
These elements map to the foundational and contemporary issues relating to the operations, logistics and supply chain management processes, and those of related disciplines, and in particular support the analysis,
synthesis, analysis, evaluation and interpretation of information from primary and secondary and primary sources.
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| Course availability: |
MN52050 is Compulsory on the following courses:
School of Management
- TMMN-AFM75 : MSc Operations, Logistics and Supply Chain Management
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Notes: - This unit catalogue is applicable for the 2023/24 academic year only. Students continuing their studies into 2024/25 and beyond should not assume that this unit will be available in future years in the format displayed here for 2023/24.
- Courses 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.
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