Availabilities:

2021 unit offering information will be available in November 2020

Unit description

Introduces the role of the management accountant, emphasising how management accountants support executive decision making in a global business context. By engaging in teacher directed activities, students will build analytical and problem solving skills to provide advice on issues associated with strategy and control, budgeting, costing techniques and organisational performance.

Unit content

Topic 1: Management accounting information, management decision making & ethics

Topic 2: Cost Allocation 

Topic 3: Cost-volume-profit (CVP) analysis

Topic 4: Budgeting - Operational Budgets & developing a master budget

Topic 5: Variance analysis - Revenue & Cost

Topic 6: Job Costing

Topic 7: Process Costing   

Topic 8: Activity-based Costing (ABC) 

Topic 9: Strategy, control & the Balanced Scorecard

Topic 10: Managing Corporate Sustainability & Life cycle Analysis

Topic 11: Management of multinational organisations and transfer pricing

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:GA1GA2GA3GA4GA5GA6GA7
1Discuss the accountant's role in the organisational decision making process including the techniques for improving the contribution of the value-creating activities within the organisation.Ethical practiceCommunication and social skills
2Critically analyse management accounting concepts and techniques to support strategic business decisions.Ethical practiceKnowledge of a discipline
3Evaluate and apply different costing concepts and techniques to support the financial goals and day-to-day operations of the organisation.Knowledge of a discipline
4Explain the role of budgets, the concept of standard costing and prepare a master budget and calculate detailed variances.Knowledge of a disciplineCommunication and social skills

On completion of this unit, students should be able to:

  1. Discuss the accountant's role in the organisational decision making process including the techniques for improving the contribution of the value-creating activities within the organisation.
    • GA3: Ethical practice
    • GA6: Communication and social skills
  2. Critically analyse management accounting concepts and techniques to support strategic business decisions.
    • GA3: Ethical practice
    • GA4: Knowledge of a discipline
  3. Evaluate and apply different costing concepts and techniques to support the financial goals and day-to-day operations of the organisation.
    • GA4: Knowledge of a discipline
  4. Explain the role of budgets, the concept of standard costing and prepare a master budget and calculate detailed variances.
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills

Teaching and assessment

Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2021 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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