Availabilities:
| Location | Domestic | International |
|---|
| Coffs Harbour | | |
| Gold Coast | | |
| Lismore | | |
| Melbourne | N/A | |
| Online | | |
| Papua New Guinea - IBSU Port Moresby | N/A | |
| Perth | N/A | |
| Sydney | N/A | |
Unit description
Provides an introduction to management accounting, teaching students about costing and budgeting to assist with business decision-making.
Unit content
Topic 1: Introduction to Management Accounting & decision-making issues
Topic 2: Cost Behaviour & Estimates
Topic 3: Cost Allocation
Topic 4: Cost-volume-profit analysis
Topic 5: Budgeting, Planning & Behavioural considerations
Topic 6: Master Budgets
Topic 7: Flexible Budgets
Topic 8: Variance Analysis
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.
GA1: Intellectual rigour,
GA2: Creativity,
GA3: Ethical practice,
GA4: Knowledge of a discipline,
GA5: Lifelong learning,
GA6: Communication and social skills,
GA7: Cultural competence| 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 | | | Ethical practice | | | Communication and social skills | |
| 2 | Evaluate and apply different costing concepts and techniques used to drive and support financial and operational goals | | | | Knowledge of a discipline | | | |
| 3 | Explain the role of budgets, prepare a master budget, flexible budget and conduct direct and overhead variance analysis | | | | Knowledge of a discipline | | Communication and social skills | |
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:
Ethical practice
- GA6:
Communication and social skills
- Evaluate and apply different costing concepts and techniques used to drive and support financial and operational goals
- GA4:
Knowledge of a discipline
- Explain the role of budgets, prepare a master budget, flexible budget and conduct direct and overhead variance analysis
- GA4:
Knowledge of a discipline
- GA6:
Communication and social skills
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.
Prescribed texts may change in future study periods.