MANAGEMENT ACCOUNTING 3 (ACCREDITED) - 2026/7

Module Overview

The role of the management accountant continues to evolve; and with advances in technology, demand for management accounting skills has been on the rise to support strategic decision-making in businesses. 

In this module, you will develop knowledge and skills that will enable you to apply specialist management accounting techniques to analyse and convert data into meaningful managerial information for planning, decision-making, control, and performance evaluation. The focus of your learning will be on how to provide effective solutions to a range of real-life business problems; from developing efficient costing & pricing strategies to the analysis of variances and managing organisational performance.

Module provider

Surrey Business School

Module Leader

VYSOTSKAYA Anna (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 6

Module cap (Maximum number of students): N/A

Module Availability

Semester 1

Prerequisites / Co-requisites

N/A

Module content

Indicative content includes:

• Traditional & Activity based costing
• Pricing decisions and profitability analysis
• CVP Analysis & Relevant Costing
• Limiting factor analysis, Throughput accounting & Linear Programming
• Risk and uncertainty
• Quantitative analysis in budgeting
• Standard costing and variance analysis
• Divisional performance and transfer pricing
• Performance analysis in private and public sectors
• Strategic cost management
• Developing digital literacy and awareness of artificial intelligence tools in management accounting

Assessment pattern

Alternative Assessment

Not applicable

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate the core skills that are acquired each week. Management accounting is a predominantly quantitative and skill based course and there is a need for understanding the key concepts, which can be achieved by practising problem based questions.  Knowledge and skills required of management accounting are therefore best assessed through authentic assessments that replicate a professional work setting, and the course uses two formats: a mid-term class test and a final exam. 

Class Test

 

The class test will consist of short-form questions which will contain a mix of computational and discursive parts.  Specimen tests and practice questions will be available for students in preparation for the test.

 

Examination 

 

The examination will make use of longer case style scenarios relating to a number of requirements, i.e., questions may contain several parts. Such questions will be discussed and worked through each week during the seminars. 

The examination questions will be both quantitative and qualitative in nature. Quantitative questions will be designed to assess knowledge, numerical and analytical skills. Qualitative questions will assess application of knowledge, synthesis, creative thinking, and problem-solving skills. All questions require the student to display depth of knowledge by critical writing as well as showing competence in computational skills. The assessment is 70% of the overall mark for the module. 

 

Thus, the summative assessment for this module consists of: 

• 
  

  A class test of 60 minutes (addresses learning outcomes 1 and 2) 

  
  


• 
  

  A formal examination of 2 hours (addresses all learning outcomes) 

  
  

 

The marks will be returned within the deadlines set by the University. 

 

Formative assessment and feedback 

 

Formative assessments, e.g., sample class tests and exam papers will be made available to support students prepare for their summative assessments and to provide ongoing feedback. Such feedback will help students identify their strengths, weaknesses, and areas where additional work and effort is required on their part. This will allow students to design their personalised revision plans so that they can be fully prepared for the summative assessments. Students are also expected to engage with other feedback provided to them via various other means, e.g., during the seminars and consultation hours throughout the semester.

 

Independent learning 

 

Students are expected to work independently for a considerable amount of the semester. There is weekly reading from the core text for the course and each week students are expected to do a broad selection of questions to test their learning and some longer questions to evaluate their understanding. 

Module aims

• Use data from management information systems for planning, decision-making, control and performance management.
• Select and apply suitable management accounting concepts and techniques for decision-making purposes.
• Evaluate organisational performance from both a financial and non-financial perspective.

Learning outcomes

Methods of Teaching / Learning

The learning and teaching strategy is designed to: 

• Provide students with the opportunity to acquire knowledge and to understand the relevant theory and business practices and problems which are pertinent to the topics of management accounting through several delivery modes.  
• Enhance students¿ practical and professional skills in developing effective solutions for decision making in a global context. 
• Develop students¿ cultural awareness, confidence and competence in working with others as well as improving their leadership skills, communication skills, employability, and professionalism within the accounting and finance sector. 

The learning and teaching methods include: 

• Elements of seminars, lectures, guided reading and captured content including illustrative practice exercises  
• Guided seminar and workshop activities introducing the responsible use of artificial intelligence tools and the publisher¿s AI¿enabled online platform for learning management accounting, in line with University academic integrity policies.

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: MAN3086

Other information

Employability: This module has a strong focus on student employability in the management accounting profession, offering a variety of tasks and authentic assessments that relate directly to professional practice. Students develop the ability to critically evaluate management accounting problems, communicate their analysis, and work collaboratively with peers, thereby enhancing their interpersonal and professional skills.

Global and Cultural Capabilities: The module is taught in an interactive and collaborative way within a cohort that typically includes a wide range of nationalities and backgrounds. Students are encouraged to engage with, and learn from, diverse perspectives when discussing management accounting issues, developing their ability to work effectively with others from different cultural backgrounds and to broaden their own world views.

Resourcefulness & Resilience (R&R): Students develop confidence, adaptability, and problem¿solving and decision¿making skills by investigating and resolving realistic business and management accounting problems with their peers. These attributes are embedded within the assessment design, encouraging students to respond constructively to challenge and feedback.

Digital Capabilities: The module makes extensive use of digital tools to support learning. In addition, students are supported to use the publisher¿s online platform and its AI¿enabled reader appropriately to engage with and simplify core management accounting content, while maintaining academic integrity. Through regular use of these technologies, students build strong digital capabilities that can be transferred to professional settings.

Programmes this module appears in

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2026/7 academic year.