The University of Southampton

MANG3006 Management Accounting 3

Module Overview

This module introduces students to more contemporary and advanced developments in management accounting covering relevant practices and leading research in the field. The module builds on MANG1002 Management Accounting (1) and MANG2005 Management Accounting (2) to extend students’ understanding of the roles of management accounting information in organizational decision- making, planning and control. It will critically examine a range of contemporary issues in management accounting such as strategic cost management techniques, management control and strategic management, divisional performance measurements and transfer pricing, and the balanced scorecard. It will also examine the use of management accounting in different organisational contexts, including small businesses and public sectors. The relevance of organisational context will be explored and case studies will be used to highlight contextual issues.

Aims and Objectives

Module Aims

The module aims to introduce students to the latest development in management accounting practices and research. Throughout the module, students will be encouraged to take a critical approach to exploring and evaluating alternative management accounting techniques and theories in its broader social and organisational context.

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

  • contemporary developments in management accounting practice;
  • the emerging management accounting techniques, and how these are applied;
  • theoretical perspectives on various dimensions of the subject.
Transferable and Generic Skills

Having successfully completed this module you will be able to:

  • demonstrate analysis and syntheses of management accounting case studies and related material
  • demonstrate team skills;
  • work independently as well as in groups, including time management and developing effective and efficient study techniques, and the use of library resources.
Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

  • critically explain, apply and evaluate contemporary management accounting techniques in particular organizations;
  • evaluate alternative (e.g., economic, social, cultural and political) contexts within which management accounting operates;
  • critically discuss and evaluate the relevance of contingency-based research to the study and design of management accounting practices.


• The evolving nature, and roles of management accounting information and management accountants in its changing context; • Strategic cost management incorporating contemporary management accounting techniques, such as life-cycle costing and throughput costing; • Management control systems – overview; • Performance measurement and management in divisionalised organizations, including performance measures and transfer pricing; • Accounting for strategic management – the balanced scorecard; • The use of management accounting techniques in small businesses and public sectors; • The relevance of contingency-based management accounting research and other alternative aspects.

Learning and Teaching

Teaching and learning methods

• Traditional style lectures will be used to outline the key area of the syllabus • Classes will take place throughout the module to re-enforce the topics that have been covered in the lectures.

Wider reading or practice36
Completion of assessment task16
Preparation for scheduled sessions24
Follow-up work20
Total study time150

Resources & Reading list

Colin Drury (2015). Management and Cost Accounting. 





MethodPercentage contribution
Case study  (2500 words) 30%
Examination  (2 hours) 70%


MethodPercentage contribution
Examination  (2 hours) 70%
Individual Coursework  ( words) 30%


MethodPercentage contribution
Examination  (2 hours) 100%

Linked modules


To study this module, you will need to have studied the following module(s):

MANG2005Management Accounting 2
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