Quality Management System

Title Course Outline

Doc ID F 8.3 C Date of Issue 23-01-2018 Revision No. 0

A. Standard Course Description

Title of Course Advanced Performance Management
Course Code Credit Hours 3
School MS Program A&F
Prerequisites

B. Semester Description
Semester Year W 18
Course Schedule Time
Faculty Email
Counselling Hours Place
Admin Officer Qasim Email qasim.riaz@lbs.uol.edu.pk

C. Course Synopsis

This is the second management accounting paper that comprises part of the Master of
Professional Accounting degree. The primary objective of the paper is to provide students with
an understanding of the management accounting function, including the tools, techniques, and
systems management accountants use to inform senior manager decision making. The paper
examines advanced issues of CVP analysis, standard costing system, allocation of joint and
byproducts costs, allocation of support department and common costs, process costing, and
issues relating to management control, performance measurement and behaviour in
organizations which will further advance their understanding and knowledge of management
accounting concepts.

D. Course Objectives
Upon successful completion of this paper, you should be able to:

1. Carry out costing and quantitative techniques at an advanced level; 2. Apply and defend the
appropriateness of techniques to the production and presentation of information for
management decision making by the use of case studies; 3. Understand and integrate theories
of Organisational Behaviour, Strategic Management, and Organizational Theory to
Management Accounting.

E. Recommended Text and Other Readings

The set textbook for the course is:

Page 1 of 3
 Quality Management System
Title Course Outline
Doc ID F 8.3 C Date of Issue 23-01-2018 Revision No. 0
Horngren, C.T., Datar, C.M., and Rajan, M.V. (2015). Cost Accounting: A
Managerial Emphasis (14th Edition), Pearson Education Limited.

F. Student Evaluation Methods

S. No Evaluation Method Weight
1 Assignments 10
2 Quizzes 10
3 Class Participation 05
4 Project 05
5 Presentations 10
25
6 Mid Term Exam
35
7 Final Term Exam
Total 100

G. Schedule of Activities
Week Topic

1- Introduction to paper CVP analysis: advanced issues Cost Behaviour Analysis

2- . Standard Costing: Advanced issues

3- Cost Allocation: Joint products and By product

4- Allocation of support department cost, common cost and revenue

5- Inventory Management

6- Decision making under conditions of risk and uncertainty

7- Case Presentation

Page 2 of 3
 Quality Management System
Title Course Outline
Doc ID F 8.3 C Date of Issue 23-01-2018 Revision No. 0
8- MID Term Examination

9- Process Costing

10- Spoilage, Rework, and Scrap

11- Management Control systems

12 Contemporary approaches to measuring and managing performance

13 Behavior in organisations

14 Wealth management topics

Research Reports Due
15 Final Presentations on Projects/ Research reports
Final Examination

Page 3 of 3