2025/2026
Strategic Managerial Accounting
Type:
Mago-Lego
Delivered by:
Master's Programmes Curriculum Support
Where:
Faculty of Economic Sciences
When:
3 module
Online hours:
20
Open to:
students of one campus
Language:
English
ECTS credits:
3
Contact hours:
10
Course Syllabus
Abstract
The main objective of the course is to provide students with an opportunity to develop a solid technical and critical understanding of different tools and approaches of management accounting in dealing with total quality management, continuous improvement, social and environmental issues, investment decision-making and the risks associated with such decisions. The course aims to develop the competencies necessary planning, controlling, and adopting strategic thinking for achieving organizational goals, outcomes, and competitive advantages. Although the course pays considerable attention to numerical aspects, including different examples of reports companies might use in practice, the key emphasis is on considering non-financial information and qualitative factors in different managerial decisions. Taking strategic management accounting beyond numbers, this course provides an opportunity to apply skills and knowledge in a final project that will enable students to develop their ability to critically evaluate, interpret and discuss strategic management accounting issues. This course reinforces the importance of an ethical and professional approach to environmental and digital sustainability, which is useful from an employability perspective.
Learning Objectives
- Introduction to the role of strategic managerial accounting in planning and control within an organization.
- Understanding cost management, total quality, and value added concepts in short-term and long-term decisions.
- Developing a strategic awareness about environmental management and social accounting issues, considering common approaches to environmental and digital sustainability.
Expected Learning Outcomes
- Evaluates frameworks and strategic thinking when analyzing case studies, real-life examples of sustainable development, social and environmental management strategies and reporting in organization.
- Applies management accounting techniques that may be used in analyzing, planning, and managing costs in the organization or improving organizational profitability and sustainability.
- Examines how strategic management accounting can be used in supporting a firm’s strategy and investment appraisal decision-making, considering financial and non-financial factors and the impact of risk and uncertainty in a variety of decision scenarios.
- Uses relevant information from multiple data sources to recommend appropriate strategies for profitability and continuous improvement, considering internal and external business environment.
Course Contents
- The role of Strategic Management Accounting in Business Analytics
- Cost Management Concepts and overview of costing techniques
- Short-term decisions for maximizing profits
- Activity Based Management
- Environmental Management and Social Accounting Part #1
- Environmental Management and Social Accounting Part #2
- Total Quality Management and Continuous improvement
- Investment Appraisals: Beyond Numbers
Assessment Elements
- Final test 1multiple-choice questions
- Final test 2multiple-choice questions
- Final test 3multiple-choice questions
- Final group projectAll team members are given the same score. Evaluation components include presentation skills, content, report, and answers to questions.
Interim Assessment
- 2025/2026 3rd module0.6 * Final group project + 0.1 * Final test 1 + 0.15 * Final test 2 + 0.15 * Final test 3
