Not available in 2013
Previously offered in 2008, 2007, 2006, 2005, 2004
This course provides an introduction to managerial accounting for non-accountants. It presents management accounting information as a important tool for managerial decision making and control in both manufacturing and service organisations. Throughout the course managerial accounting is viewed as a component of multi-disciplinary management with accountants working as part of a team to resolve questions of costing, pricing, planning, controlling and evaluating performance in organisations.
|Objectives||Successful completion of this course will enable students to develop their understanding of management accounting principles and methods, and to apply these principles and methods to make effective use of accounting and other data in making management decisions.
In addition, discussion and analysis of the problems and case studies in the course will help develop analytical, problem solving and communication skills.
|Content||The course will examine traditional and contemporary management accounting principles and methods for product costing and decision making, as well as for planning, controlling, measuring and evaluating performance in organisations.
Topics will include: The nature of managerial accounting; the behaviours of costs; full costs and their uses; additional aspects of product costing systems; standard costs, variable costing systems; the management control environment; the management control process; strategic planning and budgeting; reporting and evaluation; short-run alternative choice decisions; managerial accounting system design.
|Replacing Course(s)||Advanced Accounting and Financial Management|
|Assumed Knowledge||GSBS6200 Accounting and Financial Management|
|Modes of Delivery||External Mode
|Teaching Methods||Case Study
|Contact Hours||Lecture: for 3 hour(s) per Week for Full Term|