Abstract

This subject focuses on management accounting for cost and control purposes in an organisational context. The subject builds on the introductory topics in ACG511 and assumes knowledge of the management tools for data analysis in ACG512. Emphasis is placed on the use of quantitative techniques and computer software including spreadsheets. … For more content click the Read More button below.

Syllabus

Product costingJob & Process costing Advanced budgeting including variance analysisActivity based costingPerformance evaluation (financial and non financial measures)Relevant costs & decision making

Learning outcomes

Upon successful completion of this subject, students should:
1.
be able to discuss and critique the historical and ethical development of management accounting;
2.
be able to apply cognitive skills in the design and operation of costing systems;
3.
be able to critically evaluate the design and operation of performance management systems;
4.
be able to explain the role of management accounting in organisational contexts and the implications for management accounting of different paradigms;
5.
be able to apply analytical and synthesis skills in report preparation in order to communicate clearly and concisely in a range of formal and informal situations and settings that engage, persuade, motivate and inform stakeholders using a range of technologies and presentation strategies;
6.
be able to use quantitative techniques and computer software including using the Internet as a professional source;
7.
be able to use information and communication technology advances that support data analysis and decision making to create and implement computerised decision models; and
8.
be able to critique how managers make decisions.

Assumed knowledge

Postgraduate students only.