Skip to main navigationSkip to main content
The University of Southampton

MANG2005 Management Accounting 2

Module Overview

This module builds upon the foundations laid in the first year studies, principally from MANG1002 Management Accounting 1. Some of the topics covered in Management Accounting 1 will be revisited, but a significant amount of new learning material will be introduced. The module will also aim to provide a link to the higher-level topics covered in MANG3006 - Management Accounting 3, which some students will study in their final year. The intention is to demonstrate the progression of the management accounting discipline from simple ideas to more elaborate aspects, and along the way to demonstrate both the applicability and usefulness of particular practices and concepts in management accounting.

Aims and Objectives

Learning Outcomes

Knowledge and Understanding

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

  • specific aspects of management accounting, and the ancillary skills to support those features within organisations.
Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

  • analyse and conduct a detailed examination of specific aspects of management accounting;
  • critically evaluate the usefulness of specific management accounting techniques in organisations;
  • critically discuss the significance of non-financial management accounting information;
  • critically discuss some technological developments that have impacted management accounting.
Transferable and Generic Skills

Having successfully completed this module you will be able to:

  • apply management accounting techniques in decision making;
  • analyse and synthesise short case studies in management accounting.


• Traditional overhead allocation • Activity-based costing • Process costing (including estimation of costs of partially completed products/units) • Cost-Volume-Profit analysis (including multi-product situations and sensitivity analysis) • Relevant costs and revenues for decision making (combined scenarios and the implications of constraints, including the use of linear programming) • Standard costing, variance analysis (including mix and yield variances) • Budgeting (including master budget, flexible budgeting and behavioural aspects in budgeting) • Further aspects of investment appraisal (effects of unequal project lives, inflation and tax incentives).

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 covered in the lectures.

Wider reading or practice30
Follow-up work22
Preparation for scheduled sessions22
Completion of assessment task26
Total study time150

Resources & Reading list

W. Seal, R. Garrison and E. Noreen (2012). Management Accounting. 

Merchant K. A. and Van der Stede W. A. (2012). Management Control System – Performance Measurement, Evaluation and Incentives. 

Colin Drury (2012). Management and Cost Accounting. 

A. Bhimani, Horngren C.T, S. Datar and G. Foster (2011). Management and Cost Accounting. 



In-class activities


MethodPercentage contribution
Multiple choice Test  (50 minutes) 30%
Written assessment 70%


MethodPercentage contribution
Written assessment 100%


MethodPercentage contribution
Written assessment 100%

Repeat Information

Repeat type: Internal & External

Linked modules

Pre-requisite MANG1002


Costs associated with this module

Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.

In addition to this, students registered for this module typically also have to pay for:


Recommended texts for this module may be available in limited supply in the University Library and students may wish to purchase the mandatory/additional reading text as appropriate.

Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at

Share this module Share this on Facebook Share this on Twitter Share this on Weibo
Privacy Settings