Courses Catalogue

Management Accounting

COURSE CODE: AF 3102
COURSE CREDIT UNIT: 0
ACADEMIC PROGRAMME: Supplies and Procurement Management, B.Sc
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

PURPOSE OF COURSE

Curriculum and course review is a common activity in accounting departments.  Faculty members are aware of the expansion of knowledge, the rapid upgrading of technological capabilities, and the extension of the range of understanding, students must have as they enter the workforce.  All these factors influence the nature and extent of review of contemporary academic offerings. However, there is another dimension to the learning, students should experience while in Universities that is far too often given minimal, if any, attention.  This dimension is the study of issues facing and emerging in, the accounting profession.

While those who choose to major in accounting, as University students enter the workforce in a variety of positions, the mission of many University programs is to prepare students for the accounting profession, which is not easily identified with a particular position.  Instead, it is a composite, including public accounting, private accounting, and internal auditing.  Each of these areas of specialization provides a certification program that highlights the extent and nature of the professional knowledge and behavior expected of practitioners.

EXPECTED LEARNING OUTCOMES

By the end of the lesson, students should be able to:

  • Explain the use of the upcoming issues in accounting and to equip them with knowledge and skills on how to handle them.
  • Encounter the reality of the changing nature of accounting
  • Discus the  theory and application of how accounting technical literature is used by practitioners to find acceptable solutions for current issues in accounting and to provide an understanding of the most recent changes in accounting
  • Critically evaluate and understand the importance of new management accounting concepts and tools for decision making in business environments
  • discuss the importance of accounting for achieving corporate strategy and raising the management awareness of their social responsibilities
  • Develop awareness of recent developments in the areas of management and financial accounting.