Accounting & Statistics BSc

Strategic Management Accounting ACCFIN4051

  • Academic Session: 2023-24
  • School: Adam Smith Business School
  • Credits: 20
  • Level: Level 4 (SCQF level 10)
  • Typically Offered: Semester 2
  • Available to Visiting Students: Yes

Short Description

This course explores the problems of the conventional wisdom of management accounting and examines the recent strategic solutions advanced in the areas of cost management, decision-making and performance management. 


10 x 3 hours of seminar based lectures

Excluded Courses






Main Assessment In: April/May

Are reassessment opportunities available for all summative assessments? Not applicable

Reassessments are normally available for all courses, except those which contribute to the Honours classification. For non-Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below. 

Course Aims

The aims of this course are:

■ To offer an opportunity to explore how management accounting is implicated in strategy execution processes in organisations; and

■ To make the students familiar with how real-world practices in cost management, decision-making and performance management are implicated in strategising efforts in different types of organisations.

Intended Learning Outcomes of Course

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


1. Discuss the problems of conventional management accounting and appreciate the importance of strategic management accounting in contemporary organisations;

2. Evaluate the milestones of conceptual/theoretical developments in strategic management accounting and related fields (e.g., industrial economics, organisational theory; marketing; operational management);

3. Identify key strategic management accounting models and techniques and discuss their implications on management accounting change;

4. Deploy these key techniques and models in relevant strategy scenarios;

5. Evaluate the impact of recent techno-managerial innovations and political-economic transformations on the emergence and popularisation of strategic management accounting;

6.Discuss the key issues in strategic management accounting theories, concepts, and practice.

Minimum Requirement for Award of Credits