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Unit Summary
Unit type
UG Coursework Unit
Credit points
12
AQF level
Level of learning
Advanced
Former School/College
Pre-requisites
ACC00151 - Financial Accounting AND 36 credit points in any SCU units
Unit aim
Provides an introduction to management accounting with an emphasis on teaching costing concepts, systems and techniques through teacher directed activities that provide information to internal users and managers to assist in making sound business decisions.
Unit content
Topic 1: Introduction to Management Accounting & decision-making issues
Topic 2: Cost estimates & behaviour
Topic 3: Allocation of costs
Topic 4: Cost-volume-profit analysis
Topic 5: Master budgets 1
Topic 6: Master budgets 2
Topic 7: Variance analysis 1
Topic 8: Variance analysis 2
Topic 9: Product costing
Topic 10: Process costing
Topic 11: Activity-based costing
Learning outcomes
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
| On completion of this unit, students should be able to: | GA1 | GA2 | GA3 | GA4 | GA5 | GA6 | GA7 | |
|---|---|---|---|---|---|---|---|---|
| 1 | Discuss the accountant's role in the organisational decision-making process including professional ethics and management control systems | |||||||
| 2 | Evaluate and apply different costing concepts and techniques used to drive and support financial and operational goals | |||||||
| 3 | Explain the role of budgets, prepare a master budget, flexible budget and conduct direct and overhead variance analysis | |||||||
On completion of this unit, students should be able to:
-
Discuss the accountant's role in the organisational decision-making process including professional ethics and management control systems
- GA3:
- GA6:
-
Evaluate and apply different costing concepts and techniques used to drive and support financial and operational goals
- GA4:
-
Explain the role of budgets, prepare a master budget, flexible budget and conduct direct and overhead variance analysis
- GA4:
- GA6:
Prescribed texts
- No prescribed texts.
- No prescribed texts.