On completion of this subject, the students should be able to appreciate the role of computers in modelling and analysing the financial activities of a business and in decision support; appreciate the problems involved in the implementation of computerised financial models and spreadsheets; recognise the ways in which computer-based financial models may be used by management and evaluate commercially available financial modeling software.

On completion of this subject, the students should be able to understand the decision making requirements and the information needs of management; apply management accounting principles and techniques to a wide range of situations in both service and manufacturing industries; appreciate recent developments in the theory and practice of management accounting, control systems; and appreciate the developments information technology in relation to the provision of management accounting information.

Synopsis

• Select and utilise control systems which provide management control of the organisation.
• Provide management with appropriate information for control, assessing and reporting on performance, monitoring efficiency, effectiveness and value for money.