Unit Content
Outcomes
- Explain the role and purpose of management accounting, including budgeting, product and service costing, control and performance evaluation, and strategic management accounting;
- Demonstrate an understanding of the budgeting process and its role in the management of organisations;
- Evaluate the performance of an organisation through the application of appropriate costing systems and management control systems;
- Use costing information for business planning and control;
- Identify and discuss contemporary developments in management accounting;
- Apply the principles and procedures involved in managing working capital;
- Prepare and analyse budgets and forecasts for management purposes, including appropriate variance analysis.
Subject Content
- Management Accounting and Product Costing
- Cost Behaviour
- Job Costing systems
- Process Costing systems
- Service Costing
- Accounting for Overhead costs
- Activity-Based Costing
- Cost-Volume-Profit analysis
- Extended C-V-P analysis
- Fixed and Rolling Budgets
- Flexible Budgets
- Performance Management Systems.
This course may be offered in the following formats
- Face-to-Face
- Distance / Global Online
Please consult your course prospectus or enquire about how and when this course will be offered next at Alphacrucis University College.
Assessment Methods
- Three Online Quizzes (15%)
- Group Assignment (15%)
- Written Report (20%)
- Final Exam (50%)
Prescribed Text
Sivabalan, P., Sawyers, R., Jackson, S. & Jenkins, G. (2019). ACCT3 Management (3rd ed.). Cengage Learning Australia.
Check with the instructor each semester before purchasing any textbooks