A1.contemporary developments in management accounting practice;

Module Code: MANG3006

Module Title: Management Accounting 3

This assessment relates to the following module learning outcomes: A. Knowledge and Understanding

A1.contemporary developments in management accounting practice;

A2.the emerging management accounting techniques, and how these are applied;

A3.theoretical perspectives on various dimensions of the subject.

B. Subject Specific Intellectual and Research Skills

B1. critically explain, apply and evaluate contemporary management accounting techniques in particular organisations;

B2. evaluate alternative (e.g., economic, social, cultural and political) contexts within which management accounting operates;

B3. critically discuss and evaluate the relevance of contingency-based research to the study and design of management accounting practices.

C. Transferable and Generic Skills

C1. demonstrate analysis and syntheses of management accounting case studies and related material;

C2. demonstrate team skills;

C3. work independently as well as in groups, including time management and developing effective and efficient study techniques, and the use of library resources.

Case Study – Hampshire Oak

Introduction Hampshire Oak is a small, but rather exclusive, producer of bedroom furniture. Turnover last year was just over £2 million and the business continues to provide a steady profit margin. It is a private limited company owned by Richard Evans and his wife Catherine and it has been trading for 25 years. Richard, who is a fully qualified cabinetmaker, started in the trade immediately after leaving school. He has little formal training in management, but has much hands-on experience gained from running his business.