Lecture Notes On Management Accounting

3 1.0 INTRODUCTION ACC 313-Management Accounting is designed to give you self instruction to you as you study Bachelor of Science (B. Sc) in Accounting. It is adapted from the Institute of Chartered Accountants of Nigeria study materials to prepare you for your B. Sc Accounting examination of School of Management Sciences of the National Open University of Nigeria . 2.0 COURSE AIM The aim of this course is to introduce you to Management Accounting approaches and processes. 3.0 COURSE OBJECTIVES By the end of this course, you should be able to: (i) Provide relevant information to assist management of organization in various sectors; And at operational and strategic levels in planning, decision making and in controlling operations; (ii) Analyzing problem situations, purpose and/ or evaluate alternative courses of action ; (iii) Know relevant quantitative techniques in solving problems; (iv) Assist management in identifying and applying appropriate measurement techniques; (v) Use information and communication technology to solve problems and preparation of reports. COURSE CONTENT Nature and purpose, Decision making, Planning, Control, Divisional performance evaluation, application of quantitative methods, Contemporary issues in Management accounting 4.0 WORKING THROUGH THIS COURSE This course, ACC 313-Management accounting, expects you to do a lot of