Management Accounting

• • Overview of management accounting
  • Job-order costing
  • Process costing
  • Activity based management/costing
  • Master Budgeting
  • Standard costing, flexible budgeting, and variance analysis
  • Cost-volume-profit analysis
  • Short and Long run Decisions
  • Resource Management
  • Environmental and social management accounting

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-BFA103-Accountability and Accounting

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

Management accounting is an essential subject for students studying the Accounting major in the Bachelor of Business.

Students will apply techniques to support management decision-making in respect of product costing, variance analysis, inventory management, budgeting and forecasting. The subject emphasises the application of quantitative and qualitative techniques to analyse cost behaviour. Students will evaluate the performance of products and business segments by applying the processes and techniques of management accounting that focus on the effective and efficient use of organisational resources. Students will also be introduced to theories of human behaviour and the impact on the design of performance measurement systems.

• Online Test Via Respondus (20%)
• Case Study (35%)
• Online Test via Respondus (45%)

Current study term: 11 Sep 22 to 09 Dec 22