Management accounting and international finance
The module aims to introduce you to core management accounting and international financial concepts within organisations for decision-making purposes. It will enable you to understand management accounting, providing managers with essential information for effective planning, evaluation, and control. The second part will enhance your skills in financial management for a highly integrated business world.
What you will study
Building upon some of the concepts highlighted in the OU level 1 and 2 accounting modules, this module uses different perspectives to engage you in learning about management accounting and international finance. You'll gain a varied and interesting tool kit of theories and techniques to apply in organisations.
The first part of the module covers management accounting which is concerned with providing information and analysis to managers to help them plan, evaluate and control activities in order to achieve an organisation’s objectives.
The international perspective of the second part of the module will help you gain a deeper understanding and skills in the field of financial management, reflecting closely on a highly globalised and integrated real-world business environment.
No prerequisite study is required, although we recommend studying Financial accounting in context (B293) and Financial analysis and decision making (B294).
If you have any doubt about the suitability of the module, please speak to an adviser.
You’ll have access to a module website, which includes:
- a week-by-week study planner
- course-specific module materials
- audio and video content
- assignment details and submission section
- online tutorial access.
You’ll need broadband internet access and a desktop or laptop computer with an up-to-date version of Windows (10 or 11) or macOS (11 'Big Sur' or higher).
Any additional software will be provided or is generally freely available.
To join in spoken conversations in tutorials, we recommend a wired headset (headphones/earphones with a built-in microphone).
Our module websites comply with web standards, and any modern browser is suitable for most activities.
Our OU Study mobile app will operate on all current, supported versions of Android and iOS. It’s not available on Kindle.
It’s also possible to access some module materials on a mobile phone, tablet device or Chromebook. However, as you may be asked to install additional software or use certain applications, you’ll also require a desktop or laptop, as described above.