22747 Accounting for Managerial Decisions

The subject aims to expose students to the nature and use of accounting information, and less to the processes of accounting. The aim is to have students understand accounting information and to appreciate its uses from various decision-making perspectives. This subject provides a sound grounding in the application of accounting concepts and techniques and considers ethical and corporate governance issues associated with the provision of accounting reports.

The topics chosen are a mix of financial and management accounting. The financial accounting topics concern the basic financial statements, their analysis and the concepts and procedures that underpin their preparation. Management accounting concerns 'cost', cost behaviour, product costing and information for planning and control.