• TFAC2003
  • Mgmt Acct-Cost & Decis Making

  • Credits (ECTS): 5
  • Hospitality Mgmt. and Tourism

Modules are delivered
as part of a programme.
To apply for the
programme,
see the DIT website

Overview

Module Description

This module introduces students to the management accounting information systems that are used within the hospitality, tourism and leisure sectors. It focuses on the main accounting models, tools and techniques used by management in their planning and decision making responsibilities.

Module Aims

To develop an awareness of the importance of accurate and timely accounting information as an aid to efficient management within the hospitality, tourism and leisure sectors and to develop an understanding of management accounting principles, concepts, models and techniques used to inform management decision making.

Indicative Syllabus

Introduction to Management Accounting, the role of accountancy and the information needs of managers. Cost analysis and classification systems Accounting for overhead costs CVP analysis - marginal costs and revenues Relevant costs for decision making The pricing decision and customer profitability analysis - the factors that influence the pricing decision and cost plus pricing, break-even pricing and profit oriented pricing

Total Contact Teaching Hours:36

Please note that the catalogue is provided as a guide to modules in DIT. Not all modules listed will necessarily be offered every year and new modules may also be added. Information subject to change. For detail on specific programmes/modules please contact the relevant School directly.