Introduction to Management Accounting and Control ACCFIN1006

  • Academic Session: 2023-24
  • School: Adam Smith Business School
  • Credits: 20
  • Level: Level 1 (SCQF level 7)
  • Typically Offered: Semester 1
  • Available to Visiting Students: Yes

Short Description

This course provides students with an introduction to management accounting and control so as to help them understand the role of management accounting and control systems within organisations and improve their knowledge of the use of accounting information in decision making.


Lectures: 10 x 2 hours of lectures

Tutorials: 4 x 1 hour tutorial

Tutorial slots can be selected on MyCampus.

Requirements of Entry


Excluded Courses

Management Accounting 1

Management Accounting & Finance 1


Introduction to Management Accounting and Control (IMAC)

Main Assessment In: December

Course Aims

The aim of this course is to encourage the acquisition of knowledge relating to the application of management accounting concepts and techniques for decision-making and control.

Intended Learning Outcomes of Course

By the end of this course students should be able to:

1. Describe and explain the nature, source, and major purposes of management accounting and control.

2. Explain and apply cost accounting terminologies and methods for identifying, distinguishing, and classifying costs.

3. Identify and use information in costing, pricing, and working capital calculations to solve a range of business problems and provide management with decision-relevant information.

4. Illustrate the nature and purposes of budgeting and the calculation of variances and underlying reasons.

Minimum Requirement for Award of Credits

The minimum requirement for the award of credits is the submission of at least 75% by weight of the course's summative assessment.