SHE Level 5
SCQF Credit Points 30.00
ECTS Credit Points 15.00
Module Code MMN426597
Module Leader n/a
School Glasgow School for Business and Society
Subject Finance and Accounting
  • A (September start)

Summary of Content

The module builds students' prior knowledge of management accounting to explore the strategic role of management accounting as a discipline for planning and controlling performance so that strategic objectives can be set, monitored and controlled. Students will examine the impact of external factors on strategic management issues, such as macro-economic, fiscal, market and environmental impacts on performance and explore the risks these factors present and appraise techniques used to measure and manage them. It also addresses the impact which developments in technology will have on the performance management and measurement systems used by organisations.


Strategic planning and control; strategic management accounting, impact of external factors on performance management; performance hierarchy; performance management and control of the organisation; changes in business structure and management accounting, other environmental and ethical issues Impact of risk and uncertainty on organisational performance; impact of risk and uncertainty on performance management Performance management information systems and developments in technology; performance management information systems, sources of management information, recording and processing systems and technologiesd data analytics, management reports Strategic performance measurement; strategic performance measures in the private sector divisional performance and transfer pricing issues, strategic performance measures in not-for-profit organisations, on-financial performance indicators, the role of quality in management information and performance measurement systems, performance measurement and strategic human resource management issues, other behavioural aspects of performance measurement Performance evaluation and corporate failure; alternative views of performance measurement and management strategic performance issues in complex business structures, predicting and preventing corporate failure

Learning Outcomes

On successful completion of this module students should be able to:1. Use strategic planning and control models to plan and monitor organisational performance.2. Assess the impact of risk and uncertainty on organisational performance.3. Identify and evaluate the design features of effective performance management information and monitoring systems and recognise the impact of develop.4. Apply appropriate strategic performance measurement techniques in evaluating and improving organisational performance5. Advise clients and senior management on strategic business performance evaluation and on recognising vulnerability to corporate failure.

Teaching / Learning Strategy

The programme is focused on the development of both theoretical and practical accountancy and performance management skills, and aims to engage students in analysis, research and discussion of contemporary, real life issues. The teaching and learning strategy aims to embed these attributes. All of the modules will be delivered on a campus-based and distance learning mode. For campus-based students, face to face contact involves four hours of class contact per week: normally a 2 hour lecture and 2 hour seminar. Lectures will be used to highlight the key issues in a specific topic and point the way towards relevant journal articles and other appropriate literature. Students will be then expected to prepare for following week's lectures on each topic by engaging in literature searches, undertaking relevant reading and preparing responses to questions. The lectures will adopt a variety of teaching styles including seminar style contributions such as group discussion to enhance intellectual, critical and analytical skills. For more applied topics, students will be required to attempt relevant problem or scenario based questions prior to the lectures taking place, providing the basis for deepening professional skills, knowledge and understanding. Module classes are conducted in workshop format providing a mix of tutor led, student led and group learning. Distance learning students access the same resources as on-campus. All students are provided with lecture slides, lecture notes and additional reading all of which is available online. GCU Learn is used in this way as a repository, to provide students with essential learning material. It is also used as a platform for student discussion around the weekly seminar topics. Using Padlet, wikis and blogs both on-campus and distance students will have the opportunity to engage with each other and discuss the weekly lecture topics online. In additional Collaborate Ultra is utilised to provide students with synchronous learning opportunities and provide more directed support throughout the module. Students are provided with formative and summative feedback via a variety of mechanisms. Feedback on coursework is provided within 3 working weeks of submission. At the end of the module, students will be provided with 12 hours of revision classes to prepare them for their ACCA 'strategic professional' exam. Students will undertake two courseworks which will consist of case studies and will require students to undertake computations, and evaluate and analysis information , applying a range of management accounting techniques. The courseworks have been designed to adequately prepare students for the ACCA exams.

Indicative Reading

Advanced Performance Management (latest edition): Kaplan Publishing, London Drury, C. (2012) Management and Cost Accounting, 8th edition, Thomson Learning London Horngren, C., Harrison, W., and Oliver, M. (2009), Financial and Managerial Accounting, 2nd edition, Prentice Hall, Essex Young, D. and Cohen, J. (2012) Corporate financial reporting and analysis, a global perspective, Wiley Journals: Management Accounting Management Accounting Research Journal of Management Accounting Research Journal of Business Finance and Accounting Accounting Horizons Accounting Organizations and Society

Transferrable Skills

The main transferable skills developed in this module are: 1. Critical thinking skills which are reflected in engagement with the lecture material and the necessary preparation for the assessments. 2. Communication skills which are reflected in discussions 3. Independent working which is reflected in the preparation for the lectures 4. Problem solving which is reflected in preparation for lectures. 5. Planning, monitoring, reviewing and evaluating own learning and development which is reflected by the structure of the module which is designed to foster the development of these skills.

Module Structure

Activity Total Hours
Independent Learning (FT) 184.00
Lectures (FT) 32.00
Tutorials (FT) 12.00
Seminars (FT) 32.00
Assessment (FT) 40.00

Assessment Methods

Component Duration Weighting Threshold Description
Course Work 01 n/a 50.00 45% Case study based questions
Course Work 02 n/a 50.00 45% Case study based questions