University of Information Technology

Accounting for Managers

Course Description

This course deals with management accounting for creating value in a dynamic business environment by aligning strategic management. This course involves cost classification and activity-based cost management, responsibility accounting and IT funding and budgeting. This course aims to teach cost management to support management activities such as decision making, control and planning and so on.

The aims of this course are:

  • To describe the objectives of managerial accounting activity.
  • To gain the ability of using accounting information as a tool in applying solutions for managerial problems.
  • To explain the purposes of budgeting.
  • To understand cost, its measurement, analysis, relationship to profits.
  • To recognize its use in budgeting and performance evaluation by managers.

Intended Learning Outcomes

Upon the successful completion of this course, students should be able to:

  • to understand the ethical responsibilities and ethical standards that apply to managerial accounting.
  • to distinguish the basic cost Management Concepts and Activity-based Costing and Management.
  • to analyze cost behavior and link cost behavior to key business activities and business profitability.
  • to explain responsibility accounting and IT funding and budgeting.
  • to discuss the role of assumptions and predictions in budgeting.
  • to use accounting information for managerial decisions and performance evaluation.

Text and References Books


  1. Managerial Accounting, 9th edition, Ronald W. Hilton,2011.


  1. Managerial-accounting-for-managers, Noreen, Brewer and Garrison, 2nd edition, 2011.
  2. Managerial Accounting, Ronald W Hilton and David E Platt, 10th edition, 2014.

Assessment system

Evaluation Marks Percentage
Attendance 10 Marks 10%
Tutorial 10 Marks 10%
Presentation/Class Participation 10 Marks 10%
Assignment/ Discussion 10 Marks 10%
Final Examination 60 Marks 60%