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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:
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.
Critically analyse management accounting concepts and techniques to support strategic business decisions.
Evaluate and apply different costing concepts and techniques to support the financial goals and day-to-day operations of the organisation.
Explain the role of budgets, the concept of standard costing and prepare a master budget and calculate detailed variances.
Teaching and assessment
Prescribed learning resources
- e-text and print copies are available: Eldenburg, LG, Brooks, A, Oliver, J, Vesty, G, Dormer, R & Murthy, V, 2020, Management Accounting, 4th edn, Wiley Australia, Australia. ISBN: 9780730369387.
Access to a computer with a webcam and reliable internet connection. Students will be required to complete an onboarding process to verify their identity before attempting the online exam in this unit.
Prescribed Learning Resources may change in future Teaching Periods.
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.