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The University of Southampton

MANG6270 Fundamentals of Management Accounting

Module Overview

to provide you with the theoretical background and practical knowledge to enable you to apply selected management accounting techniques at a competent level.

Aims and Objectives

Learning Outcomes

Knowledge and Understanding

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

  • the fundamentals of, and assumptions underlying management accounting practice;
  • discussing the relevance of management accounting approaches and techniques in different contextual and organisational settings;
  • applying selected management accounting techniques and analyse the implications of the techniques with regards to cost-volume profit analysis, budgeting, standard costing and variance analysis.
Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

  • evaluate the role of management accounting as a facet of organisational control;
  • select, from the range of data available, those costs that are relevant to the present decision;
  • discuss the implications that management accounting is a developing discipline, and understand the significance of relevant developments;
  • discuss the links between management accounting and the strategic decision-making approaches by which organisations seek to ensure their effectiveness.
Transferable and Generic Skills

Having successfully completed this module you will be able to:

  • perform analysis, problem solving and team work.


Topics covered will include (although not necessarily be restricted to): • Introduction to management accounting • Accounting for decisions • Accounting for marketing decisions • Accounting for operating decisions • Accounting for Planning and Control - Budgeting

Learning and Teaching

Teaching and learning methods

Lectures and Workshops. The module begins with a workshop covering background knowledge, which is followed by five four-hour sessions and it ends with a workshop reviewing the material delivered during the course.

Independent Study118
Total study time150

Resources & Reading list

Colin Drury (2015). Management and Cost Accounting. 



Mock Examination


MethodPercentage contribution
Examination  (2 hours) 70%
Examination  (1 hours) 30%


MethodPercentage contribution
Examination  (2 hours) 100%


MethodPercentage contribution
Examination  (2 hours) 100%

Repeat Information

Repeat type: Internal & External


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

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