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Unit Summary
Pre-requisites
Unit aim
Provides an introduction to management accounting, teaching students about costing and budgeting to assist with business decision-making.
Unit content
Module 1: Management Accounting Introduction and Cost Allocation
Module 2: Cost Concepts and CVP Analysis
Module 3: Planning and The Master Budget
Module 4: Flexible Budgets and Variance Analysis
Module 5: Job and Process Costing
Module 6: Activity Analysis and Ethical Considerations
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: | |
|---|---|
| 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
- Evaluate and apply different costing concepts and techniques used to drive and support financial and operational goals
- Explain the role of budgets, prepare a master budget, flexible budget and conduct direct and overhead variance analysis
Prescribed texts
- An "e-text" version of this paperback book is also available: Eldenburg, LG, Brooks, A, Oliver, J, Vesty, G, Dormer, R & Murthy, V, 2020, Management Accounting, 4th edn, Wiley Australia, Australia. ISBN: 9780730369387.
- An "e-text" version of this paperback book is also available: Eldenburg, LG, Brooks, A, Oliver, J, Vesty, G, Dormer, R & Murthy, V, 2020, Management Accounting, 4th edn, Wiley Australia, Australia. ISBN: 9780730369387.
- An "e-text" version of this paperback book is also available: Eldenburg, LG, Brooks, A, Oliver, J, Vesty, G, Dormer, R & Murthy, V, 2020, Management Accounting, 4th edn, Wiley Australia, Australia. ISBN: 9780730369387.