Unit Content
Outcomes
- Identify and discuss how management accounting techniques can provide managers with the information to assist them in decision making and achieving the organisational goals and objectives;
- Demonstrate an understanding of strategic management decision making;
- Critically analyse current management accounting techniques and practices in their organisational context; and evaluate alternate management accounting systems and make recommendations for strategic improvements within operational constraints;
- Describe and discuss contemporary issues and developments in management accounting;
- Critically evaluate the use of financial verses non-financial performance measures;
- Identify and discuss role of management accounting in a dynamic environment (global, technical, business and social).
Subject Content
- Accounting for strategic management
- Management control systems
- Costing systems and total quality management
- Value-chain analysis
- Customer and competitor analysis
- Financial performance measure
- Measuring non-financial performance
- Balanced scorecard and benchmarking analysis
- Incentive and compensation systems
- Managing costs and quality
- Strategic decision making
- Managing strategic capital expenditure decisions
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%)
- Business Report (15%)
- Written Report (20%)
- Final Exam (50%)
Prescribed Text
Langfield-Smith, K., Thorne, H., Smith, D. & Hilton, R.W. (2015), Management Accounting: Information for Creating and Managing Value (7th ed.) McGraw-Hill Education Australia.
Please consult your instructor before purchasing textbooks
