Financial Decision Making - Main Topics of Study
This is not available as a Single Subject. This is a Post Graduate Diploma in Management subject.
Finance based concepts and theories related to short-term decision making, to include relevant cost evaluation, opportunity costing and pricing
Finance based concepts and theories supporting the selection of long-term strategies to fulfil corporate objectives. Examples would be the Balanced Scorecard, Strategic Management Accounting, Capital Investment Appraisal and Overhead Recovery (Activity Based Costing versus traditional).
Evaluation of the theory and practices relating to the role and effectiveness of budgetary control systems.
Indicative Reading for this Unit:
JR Dyson, (2010), Accounting for Non-Accounting Students, FT Prentice Hall
Financial Decision Making Course Reader, 2006: Pearson Publishers.
Drury, C., (2004). Management and Cost Accounting, 6th edition, Thomson Learning.
Horngren, C.T., et. al., (2005), Management and Cost Accounting, 3rd edition, Pearson Education Ltd.
Weetman, P., (2003), Financial & Management Accounting, 3rd edition, Pearson Education Ltd
Journals to Include
- Accountancy Age
- Harvard Business Review
- Journal of Accountancy
- Journal of Contemporary Accounting Research