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Postgraduate TAS-BFA738-2022

CPA Strategic Management Accounting

Enrolments for this year have closed. Keep exploring subjects.

Duration

14 weeks

Study method

100% Online

Available loans

  • HECS-HELP
  • FEE-HELP

Assessments

Subjects may require attendance

Prior study

Required

University of Tasmania logo
Australia’s fourth oldest university, the University of Tasmania, is highly regarded internationally for teaching and academic excellence. The university offers more than 100 undergraduate degrees and more than 50 postgraduate programs across a range of disciplines. The university offers students a diverse range of opportunities, the chance to learn from leading experts, and excellent preparation for their future careers.

QS RANKING 2022

18

Times Higher Education Ranking 2022

23

  • 2022

Subject details

What you'll learn

Upon successful completion of this subject, the students should be able to:

  1. Apply the strategic management process and organisational and industry value analysis to understand value drivers, cost drivers and the reconfiguring of value chains
  2. Explain the role of the management accountant as a trusted adviser and a business partner in supporting strategy development and the day-to-day operations of an organisation
  3. Design an effective budgeting system that incorporates uncertainty to assist in strategy implementation
  4. Explain the role of performance measurement and control systems in value creation, strategy implementation and monitoring performance to improve strategies
  5. Apply strategic management accounting tools and techniques to improve the contribution and sustainability of value-creating activities
Topics covered
    • Schedule
    • 1. Week 1
    • 1.1) Introduction to strategic management accounting
    • 2. Week 2
    • 2.1) Information for decision-making
    • 3. Week 3
    • 3.1) Planning, budgeting and forecasting
    • 4. Week 4
    • 4.1) Project management
    • 5. Week 5
    • 5.1) Project management
    • 6. Week 6
    • 6.1) Performance management
    • 7. Week 7
    • 7.1) Performance management
    • 8. Week 8
    • 8.1) Mid-semester break
    • 9. Week 9
    • 9.1) Tools for creating and managing value
    • 10. Week 10
    • 10.1) Revision and strategic management accounting case study
    • 11. Week 11
    • 11.1) n/a
    • 12. Week 12
    • 12.1) n/a
    • 13. Week 13
    • 13.1) n/a
Entry requirements

You must either have successfully completed the following subject(s) before starting this subject, or currently be enrolled in the following subject(s) in a prior study period; or enrol in the following subject(s) to study prior to this subject:

  • TAS-BFA503-Principles of Financial Management
and
  • TAS-BFA507-The Accounting Framework
and
  • TAS-BFA601-Business and Corporate Law
and
  • TAS-BFA605-Financial and Corporate Accounting
and
  • TAS-BFA715-Accounting Perspectives and Research
and
  • TAS-BFA612-Management Decision Making and Strategy
and
  • TAS-BEA603-Economics and Statistical Analysis
and
  • TAS-BFA714-Australian Tax Law

Please note that your enrolment in this subject is conditional on successful completion of these prerequisite subject(s). If you study the prerequisite subject(s) in the study period immediately prior to studying this subject, your result for the prerequisite subject(s) will not be finalised prior to the close of enrolment. In this situation, should you not complete your prerequisite subject(s) successfully you should not continue with your enrolment in this subject. If you are currently enrolled in the prerequisite subject(s) and believe you may not complete these all successfully, it is your responsibility to reschedule your study of this subject to give you time to re-attempt the prerequisite subject(s)

Additional requirements

No additional requirements

Description

This subject examines the management accountant’s role in dynamic organisations operating in the global business environment with a focus on achieving strategic outcomes. You will learn the tools and techniques including value chain analysis and project management, to contribute to strategy development and implementation, with the aim of creating customer and shareholder value and a strong competitive position for the organisation. This subject provides tuition support for your enrolment in the core CPA Professional Level segment: Strategic Management Accounting.

Assessments

  • CPA Final Exam (100%)
Textbooks

Current study term: 10 Jul 22 to 16 Oct 22

Check the learning management system (LMS) of your university for textbook details.

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