| Unit name | Management Accounting |
|---|---|
| Unit code | ACCG20011 |
| Credit points | 20 |
| Level of study | I/5 |
| Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
| Unit director | Mrs. Suzy Matthews |
| Open unit status | Not open |
| Pre-requisites |
EFIM10002 Financial Accounting 1 and EFIM10004 Managerial Finance; or ACCG10052 Introduction to Accounting |
| Co-requisites |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
The unit covers a number of accounting control and decision-making techniques relevant to managing an enterprise efficiently and effectively. These include budgeting and standard costing to control operations; divisional performance measures and transfer pricing to control divisions and techniques for pricing and resource allocation. The unit also includes the techniques of absorption costing, marginal costing and process costing and ledger entries associated with these. In general the emphasis is on concepts that underpin techniques, use of the information generated and the implications of using the techniques.
To develop a coherent understanding of the management accounting techniques which are used within organisations to evaluate and develop strategy. In particular students will be encouraged to critically evaluate the appropriateness of different techniques in a changing commercial environment and their benefit in both short and long term decision making.
Students will develop an understanding of the following:
Students will be actively encouraged to discuss management accounting techniques in practical business situations.
Jan in-class test 10%; June exam 90%
Drury (2008) Management and Cost Accounting (7th Edition) Thomson Learning
