Management Accounting 5 Strategic Management

This module will evaluate and apply the principles of short term decision-making and transfer pricing, including risk and uncertainty. The module will also evaluate principles of management accounting in the modern environment.

1. Apply and critically evaluate techniques used in short decision making.

2. Undertake sensitivity analysis and assess the impact of risk in decision models using probability analysis, expected value tables and decision trees.

3. Evaluate and apply different methods of establishing transfer prices and discuss the related behavioural issues.

4. Apply and evaluate advanced variance analysis techniques and evaluate standard costing in modern environment.

5. Apply, evaluate and compare the methods of assessing divisional performance.

6. Evaluate Strategic Management Accounting in the modern environment.