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Module Information Booklet
Module Information Booklet
Undergraduate Business
Programme
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CONTENTS
Introduction
Overview of Module
Resources
Assessments
Re-sit Assessments
Assessment Offences
Extenuating Circumstances
Assignment Case Study and Guidelines
Module Calendar
Assignment Cover
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INTRODUCTION
Welcome to the Advanced Management Accounting (AMA) module.
Compared to a decade ago, the operating environment of most firms is dynamic and hyper-
competitive. In such an environment, it seems that the only constant is change itself!
In this complex and dynamic business environment, a firm would need carefully thought-out
strategies that take into consideration the important dimensions of the firm’s internal and external
operating environment. Managers have a growing need for strategic information, which is served by
the strategic management accounting function.
The strategic management accounting function provides the required information and analysis for
strategic thinking and strategy formation. It communicates strategy throughout the firm by way of
designing appropriate Performance Measures, and monitors the validity of the firm’s strategy.
Management accountants are no longer only scorekeepers of past performance. They are value-
adding members of the management teams, creating information vital for operational excellence,
and formulating and implementing new strategies. This module provides more in-depth coverage of
contemporary management accounting practices and related theories.
This module assumed that students have the prior knowledge of Management Accounting for
Decision Making (MADM) module. You should not take this module unless you have completed and
passed the MADM module.
CONTACT DETAILS
Lecturer/ Tutor
Nadiah Soo Wai Mun
Room No. 3, Level 9, Wing A, Block E
Taylor’s University Lakeside Campus
Tel: 03-56295670
E-mail: waimun.soo @taylors.edu.my
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MODULE OVERVIEW
This module focuses on the use of management accounting information to manage a firm’s
resources and creates value for the firm’s stakeholders. This involves the managing of not only
costs, but also suppliers, customers and total quality.
The prerequisite for this module is ACC60504 Management Accounting for Decision Making.
MODULE OBJECTIVES
2. To develop students’ ability for the application of management accounting techniques for
strategic and operational planning, as well as control and performance measurement within an
organisation.
LEARNING OUTCOMES
1. Analyse and discuss responsibility accounting and control through variance analysis.
2. Compare and contrast inventory management systems.
3. Apply linear programming techniques for decisions making.
4. Apply strategic management accounting techniques to decision making.
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Taylor’s Graduate Capabilities (“TGC”)
Upon successful completion of this module, a student should be equipped with the following Taylor’s
graduate capabilities:
Cognitive Capabilities
2.0 TGC: Lifelong learning
2.1 Learn independently
2.2 Locate, extract, synthesise and utilise information effectively.
2.3 Be intellectually engaged
Soft Skills
4.0 TGC: Communication Skills
4.1 Communicate appropriately in various settings and modes.
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On completion of this module, students should be able to:
Taylor’s Graduate Capabilities being
Module Learning Outcomes
developed through the module
TGC1 TGC2 TGC3 TGC4 TGC5 TGC6 TGC7 TGC8
1. Mid-Semester Test X X
2. Group Assignment X X X X X
3. Final Examination X X
4 credit hours
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LEARNING RESOURCES
TEXT
Drury, C. (2018). Management and Cost Accounting (10th ed.), Cengage Learning EMEA,
U.K. ISBN9781473748873.
Datar, S. M. and Rajan M.V. (2018), Hongren’s Cost Accounting A Managerial Emphasis,
(Global Edition 16th Ed.) Edinburgh Gate, Harlow, Essex, England, Pearson Education
Limited.
Braun, K., Tietz, W., and Harrison, W. (2010), Managerial Accounting (4th edition), Upper
Saddle River, New Jersey, Prentice-Hall International.
Kaplan, Robert S., and Anthony A. Atkinson. (2015). Advanced Management Accounting.
Pearson.
Garrison, R., Noreen, E., & Brewer, P. (2015) Managerial Accounting, 15th Edition, McGraw-
Hill.
ONLINE SUPPORT
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ASSESSMENTS
Assessment Summary
Assessment Details
The continuous assessment component for this module shall comprise of:
Mid-semester test
Individual assignment
The mid-semester test will consist of short questions. The aims of the mid-semester test are to:
Test your understanding of the concepts covered in the first 5 weeks of tutorial classes;
Provide you with feedback on the effectiveness of your approach in studying for this module; and
Assist you in identifying topics that you are weak in.
The test is a closed-book exam. Only non-programmable calculators and “hard copy” dictionaries are
permitted for use in the test. The dictionary must not be enhanced or tampered with in any way. Electronic
dictionaries and mobile phones are not permitted.
The test will be held in Week 6. It will be held on the day and time when you normally have the Management
Accounting lecture session. The duration of the test is 90 minutes. As the schedule of the test is available at
the beginning of the study period it is expected that students will make the necessary arrangements to attend
these tests. Students who do not attend the test, without prior approval, will receive a mark of “ZERO” for the
test. You will be advised of the exact location of the test by your lecturer at a later date.
Requests by students for consideration of extenuating circumstances must normally be submitted prior to the
assessment for which the request is being applied. Should your requests for extenuating circumstances be
approved, you may be allowed to sit for a supplementary test. Should your requests for extenuating
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circumstances be rejected you will be awarded “ZERO” mark for the test. Please see section on Extenuating
Circumstances in this booklet for more details.
The test is not redeemable. However, your tutor will discuss the answers to the test in your tutorial class.
After graduation you will be required to apply the knowledge you gained at university and keep up-
to date with developments in your field of expertise. These assignments have been set to develop
your ability to do this. These assignments would require you to apply various aspects of
management accounting, give you the experience of working independently and develop your
analytical and communication skills.
The assignments are due on Monday, 28 May 2018 at 2.00pm. The case study for the
assignments and the assignments’ guidelines are available in the section on Assignment Case
Study and Guidelines in this booklet. Please ENSURE that you read the assignments’ guidelines
which outline all the relevant information in relation to submission such as the format, naming
protocols for the assignment, due date, penalty for late submission and other specific requirements
carefully before working on the case study.
The aim of the final exam is to test a student’s understanding of and ability to apply various
management accounting concepts under examination conditions. The final exam is a closed-book
exam. Only non-programmable calculators and “hard copy” dictionaries are permitted for use in the
exam. The dictionary must not be enhanced or tampered with in any way. Electronic dictionaries
and mobile phones are not permitted. The exam shall comprise of calculations, application and
structured questions. A practice-set for the exam can be obtained from the module website.
All students are granted only four attempts at a module. However, if you do not attend the final
examination, it will be deemed that you have forfeited your right to a second attempt (resit). In
which case, you will be required to repeat the module and undertake all assessments again (as the
third attempt (repeat)). If you do not pass the module in the fourth attempt, you will be excluded
from the Dual Award programme.
Please refer to the section on Extenuating Circumstances, should you like to request for
consideration on the grounds of extenuating circumstances.
Attendance will be marked both during lectures and tutorials for this module.
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Students who do not meet a minimum attendance 80% of the scheduled classes (i.e. BOTH
lectures and tutorials) will not be permitted to sit for final examination. However, they will be
deemed to have exhausted both their first and second attempts for the exam.
If a student’s attendance falls below 50% without a valid reason, his/her name will be deregistered
from the module and all fees paid will be forfeited. If a student is continuously absent for one month,
his/her name will be deregistered from the module and all fees paid will be forfeited.
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RESIT ASSESSMENTS
it would mean you have not passed module. In which case, you could be offered a resit attempt for
one of the component or for both components, depending on your final results.
However, note that your right to resit could be forfeited if you have committed any assessment
offences, did not submit a piece of assessed work on time or failed to attend an assessment.
The resit assessment for the continuous assessment component shall be in the form of an
assignment, with a weighting of 50% of the overall module resit assessments.
The case study for the resit assignment and the assignment guidelines shall be made available on
the module webpage in TIMeS after the release of the final results.
RESIT EXAMINATION
The resit exam is a closed-book exam. Only non-programmable calculators and “hard copy”
dictionaries are permitted for use in the exam. The dictionary must not be enhanced or tampered
with in any way. Electronic dictionaries and mobile phones are not permitted. The resit examination
shall comprise of calculations, application and structured questions. The resit examination shall
form 50% of the overall module resit assessments.
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ASSESSMENT OFFENCES
You are to use the Harvard referencing styles consistently for all written assessments. Taylor’s
University treats any acts of dishonesty relating to assessment of University modules very
seriously. It is vital that students acquaint themselves with the University’s policy on assessment
offences. Assessment Offences is defined here as passing off the work of others as one’s own
including copying (reproducing or imitating), cheating, collusion (agreement to deceive, using words
or ideas of colleagues or other students and passing them off as your own), plagiarism and other
breaches of assessment or other examination regulations. Cheating, collusion and plagiarism are
the use of unfair means of presenting work for assessment; aiding another student in the use of
unfair means of presenting work for assessment; or preventing or attempting to prevent another
student from being able to be assessed properly.
The University is to check any work submitted by students using text comparison software, for
instance Turnitin. The similarity index produced by the software is an important tool to assess a
student’s performance. However, the index is not the only tool to conclusively determine the
existence of breach of academic integrity. It is important to note that although the rate of similarity
may be significantly high or otherwise, the lecturer/tutor/instructor is responsible to exercise his or
her independent professional judgement to determine the actual existence of a breach of academic
integrity.
Allegations of and investigations into assessment offences will be dealt with in accordance with the
regulations and procedures in force at Taylors University for the module. Where a student is found
to have committed an assessment offence a decision must be taken either to take no further action
or to impose an appropriate penalty which may include failing the student and determining whether
or not the student will be permitted another assessment attempt.
Where it is decided that penalty is to be imposed, the penalty could include one of the followings:
Please refer to Taylor’s Dual Award Programme Guide for details on Assessment Offences.
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EXTENUATING CIRCUMSTANCES
Circumstances that are unlikely to be accepted as extenuating circumstances include the following:
personal illness or disability for which special arrangements are already in place.
colds or know conditions such as hay fever.
normal examination stress or anxiety experienced during revision or the assessment period
(unless corroborated by medical evidence as a chronic condition and undergoing treatment).
non serious domestic or personal disruptions (e.g. moving house, change of job, holidays,
weddings, normal job pressure, failed travel arrangements, financial difficulties, oversleeping).
study related circumstances (equipment failure including computing/printer difficulties (unless
they occur in the examination itself), failure to have taken back up copies for work stolen or
corrupted, bunching of deadlines/examinations, missing books, poor time management,
misreading the examination timetable, taking the wrong examination).
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ASSIGNMENT CASE
This assignment must be submitted by a group of minimum three and maximum four
students.
You and your team members have joined a company with manufacturing operations as interns
under the company’s internship programme. Your company supervisor has been invited to address
a group of management accounting postgraduate students at one of the local university.
He has chosen to speak on the subject of quality management. You heard him telling the event
coordinator over the telephone, “In today’s business, continuous improvement, the basic tenet of
total quality management, is a way of life. Everyone in the company is improving quality and
eliminating waste. The accountants are part of the quality improvement teams studying the
products, production processes, administrative processes… and continuously eliminating waste
and improving quality. Accountants help creates improvements and moves companies forward...”.
He has asked your group to help him do some research on the subject.
He would like to use real-life examples from the company as illustration, hence you are to
download a copy of the latest (Year 2016 or 2017) sustainability report (or its equivalent) of the
company. Take note that you need to use the sustainability report of a real-life public listed
company in Malaysia that is available on-line. This assignment will be coordinated in a way where
each group will be using a different company.
Pursuant to a discussion with your company supervisor, you are now aware that you need to
prepare a report for him that include the below information:
Required:
1) The concept of quality management has continuously evolved overtime. The development of
the view on quality has resulted in four major paradigm shifts.
Track the history of quality management, critically compare and analyse the following different
paradigms of quality management and the market circumstances that supported the paradigm
shifts:
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2) Critically evaluate and discuss how the critical success factors (CSFs) of TQM in your company
support any six principles of TQM.
(24 marks)
3) Discuss the benefits of applying the three (3) of the TQM principles identified in Question (2)
above for the company and the implications of each benefit to the company. The implications
could relate to steps currently taken by the company or your proposal of steps to be taken in
order to reap the benefits.
(15 marks)
4) Discuss three (3) possible challenges that could be faced by your company relating to pursuit of
quality management and how these could be overcome.
(15 marks)
5) With globalization and the resulting complex cross-linked supply chains, there are new
requirements on quality management, demanding not only a technical oriented quality, but also
consideration of social responsibility and sustainability.
Discuss the concept of sustainable manufacturing practices (SMP). Identify four (4) key aspects
of SMP in the company. Critically evaluate and discuss how activities or processes undertaken
by the company contribute to the sustainability of the company in each of the aspect.
(20 marks)
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ASSIGNMENT GUIDELINES
Objectives
The aim of assignment is to reinforce concepts learnt in the module, develop your critical thinking
and analytical skills, and provide you with the experience of working collaboratively with your peers.
Expectations
In order for you to provide a discussion of an acceptable quality, you would need to read sufficient
literature from at least five (5) related research journal articles on the relevant subject before
starting the assignment. Take note that you should only use the sustainability report of your chosen
company, publication or press release relating to your chosen company, text-books, research
journal articles, quality newspapers (such as The Edge, Financial Times etc.) and publications from
professional accounting bodies as references for this assignment.
Presentation of Assignment
You are to present your assignment in a formal business report format. Design the layout of your
report carefully in a way that helps the reader understand the discussion in the report. Use
headings and subheadings to help signal to the reader what part of the discussion they are dealing
with. Your report should include the following:
Your assignment must be prepared in at least 1½ line spacing on single sided pages with 1 inch left
and right margins, and 1 inch top and bottom margins. The font size for the characters must be at
least 11 Arial.
The report should be limited to a maximum of 2,500 words. Where explanations are necessary, just
answer the question as you think is appropriate – do not pad answers, just provide a reasonable
response to the question.
You should include calculations in an appendix to the report, but you may show summaries and/or
use the results of the calculations, where appropriate, in the body of the report. The assignment
cover sheet, report cover, table of content, and reference list is not to be included the computation
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of word count for this assignment. The word count must be printed at the end of your discussion.
Markers cannot be expected to look for the word count elsewhere. Marks will be deducted if the
word count is not stated at the end of your discussion. Marks will be deducted if the assignment
exceed the word count at a rate of 10% for every 100 words or part of.
You need to ensure that you comply with Harvard referencing conventions in preparing this
assignment and that plagiarism is not an issue. You are expected to adhere to high standards of
academic integrity and all assignments submitted in this course may be checked for plagiarism,
using text comparison software and other means.
Take note of the brief points below to assist in clarification of the meaning of plagiarism:
Do not copy from texts, articles or any other source without citing the source.
Quotations should be kept to a minimum and when used must be cited (i.e. you need to
provide a reference to the source of the information).
If information contained in the assignment is not your own words or ideas, you must
acknowledge the source within the text of the paper, as well as in the reference list.
Acknowledge the source when you use another person’s words (i.e. quote them). You must
indicate that this is a direct quote, usually by quotation marks, and reference the source
(including the page number) within the text of the paper, as well as providing full source
information in the reference list. Including the source in the reference list at the end of the
paper alone is not sufficient.
Changing, deleting, adding only a few words, or rearranging the sentence/paragraph does not
negate the fact that you are quoting.
If paraphrasing you still need to include an in-text reference (which includes the page
number). Take care that the paraphrasing is not ‘too close’ to the original and that it is in fact a
quote.
The fact that the source of the material is from the course text book, an internet site, and/or the
specific author cannot be identified does not negate the need to acknowledge the source of the
ideas, or words, and to reference correctly.
Whilst we understand that pressures from fellow students are sometimes difficult to resist, and it is
acceptable to assist other students by discussing issues relating to the assignment, it is not
acceptable that you:
provide access of your own assignment (or part of your assignment) to other students.
submit another student’s work in whole or in part,
use another student’s work as the basis for submission of your own (or part of) assignment,
whether quoting, paraphrasing or simply using their ideas.
It is your responsibility, if unsure, to make sure you understand plagiarism, so that you do not
present any assessment containing plagiarism. Plagiarism is regarded as a serious issue within the
university system with severe consequences for students who have been found to have plagiarised.
Often the minimum penalty is a zero for the assignment, with exclusion from the university an
option in serious cases.
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Submission of Assignment
Students are expected to present a paper of professional quality. Prior to submission of the
assignment, check to ensure that at the very least all aspects of the requirements have been
addressed, and that there are no spelling and grammatical errors.
For the softcopy submission, you are to submit your assignment without the assignment cover
sheet, assignment marking rubric, table of content and reference list.
For the hardcopy submission, you are to submit the entire assignment with the assignment cover
sheet, assignment marking rubric and reference list. Please state your and team members’ names
(spelled correctly) and students’ identity number on the assignment cover sheets and the
assignment marking rubric.
Extensions
Assignments submitted within 24 hours after the published deadline will be penalized as below:
a. A mark of more than 50% for the assessed piece of work will be reduced to 50%.
b. A mark of 50% or less will stand.
Assignments will not be accepted after the 24 hour window and will be recorded as a non-
submission. A mark of ZERO will be awarded.
Marking Criteria
Marks
Analytical Discussion 90
Presentation and Language 10
Total 100
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MODULE CALENDAR MARCH SEMESTER 2018
Assessment /Key
Study Period Lecture topic Tutorial
dates
Week 1 26/3 – 30/3 Topic 1: Cost Estimation, Regression and No tutorial
Learning Effect (Part 1)
Tutorial 2 (Topic
Week 3 9/4 – 13/4 Topic 2: Inventory Management (Part 1) 1 (Part 2))
Tutorial 3 (Topic
Week 4 16/4 – 20/4 Topic 2: Inventory Management (Part 2) 2 (Part 1))
Tutorial 6 (Mid
Week 8 14/5-18/5 Topic 4: Linear Programming (Part 1) Semester Test
discussion)
Tutorial 7 (Topic
Week 9 21/5 – 25/5 Topic 4: Linear Programming (Part 2) 4 (Part 1)
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Assessment /Key
Study Period Lecture topic Tutorial
dates
Tutorial 11 (Topic
Week 14 25/6 – 29/6 Overview: Putting it All Together 5 (Part 3 )
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List of students (State full name & tutorial group in block
capital)
1. ………………………………………. …………………………..
2. ……………………………………………………………………
Dual Award Programme
3. ……………………………………………………………………
- Group Assignment Cover Sheet
4. ……………………………………………………………………
5. ……………………………………………………………………
Fold corner of EACH copy separately and seal to obscure your
6. ……………………………………………………………………
name
Please complete the form (in capital letters) and attach it securely to the front of your assignment before submitting your
assignment.
Student ID: ………………………………………………. Student ID: ……………………………………………….
Module code:
We have read and understood the TU Dual Award Regulations on cheating, plagiarism and collusion. We declare that this piece of work is our own
and does not contain any unacknowledged work from any other sources.
We authorise the University to test any work submitted by us, using text comparison software, for instances of plagiarism. We understand this will
involve the University or its contractor copying our work and storing it on a database to be used in future to test work submitted by others.
Note: The attachment of this statement on any electronically submitted assignments will be deemed to have the same authority as a signed
statement.
Signed: Signed:
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