Details for ACC210 Management Accounting

Proficiency in management accounting is essential for informed organisational decision-making. Learn budgeting, costing, and performance evaluation techniques. Explore contemporary developments and gain skills in budget preparation and variance analysis. Master the tools for strategic financial planning and control, essential for navigating dynamic business environments.

Quick Stats

  • Currently offered by Alphacrucis: Yes
  • Course code: ACC210
  • Credit points: 10

Subject Coordinator

Prerequisite

Unit Content

Outcomes

  1. Explain the role and purpose of management accounting, including budgeting, product and service costing, control and performance evaluation, and strategic management accounting;
  2. Demonstrate an understanding of the budgeting process and its role in the management of organisations;
  3. Evaluate the performance of an organisation through the application of appropriate costing systems and management control systems;
  4. Use costing information for business planning and control;
  5. Identify and discuss contemporary developments in management accounting;
  6. Apply the principles and procedures involved in managing working capital;
  7. Prepare and analyse budgets and forecasts for management purposes, including appropriate variance analysis.

Subject Content

  1. Management Accounting and Product Costing
  2. Cost Behaviour
  3. Job Costing systems
  4. Process Costing systems
  5. Service Costing
  6. Accounting for Overhead costs
  7. Activity-Based Costing
  8. Cost-Volume-Profit analysis
  9. Extended C-V-P analysis
  10. Fixed and Rolling Budgets
  11. Flexible Budgets
  12. 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., Wakefield, J.,Sawyers, R., Jackson, S. & Jenkins, G. (2022). ACCT4 Management: Forth Asia-Pacific Edition (4th ed.). South Melbourne: Cengage Learning Australia.  ISBN 9780170451888.

Check with the instructor each semester before purchasing any textbooks