Management and Cost Accounting
PostgraduateTAS-BFA6122021
Course information for 2021 intake View information for 2025 course intake
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- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 13 weeks
- Loan available
- FEE-HELP available
Management and Cost Accounting
About this subject
On completion of this subject the student will be able to:
- critique, explain, apply and evaluate techniques, processes and systems
- research and apply theoretic technical management accounting knowledge and skills to business problems
- work in a diverse group context to analyse a case study using management accounting techniques and interpersonal skills to provide recommendations in a business report
- identify and critique social responsibility and sustainability issues and evaluate impact on specific situations
- Overview of subject and the context of management accounting
- Different purposes of costs and determining how costs behave
- Cost Volume profit analysis
- Estimating the costs of producing services, products and inventory
- Target costing, managing activities and managing capacity
- Activity based management and activity based costing
- Pricing, customer profitability and decision making
- Budgeting control, responsibility accounting and flexible budget
- Variances
- Strategy formation and the balanced scorecard
- Quality, time and the balanced scorecard
- Measuring and reporting sustainability
- Performance Measurement and Incentive Compensation
In this subject we explore the key functions fulfilled by managerial and cost accounting. The primary purpose of managerial and cost accounting is to provide relevant information to managers within an organisation. Managerial accounting can be thought of as the informal language used within the organisation to facilitate planning, control, coordination and performance assessment. Decision contexts can vary from the broad strategic planning and resource allocation decisions made at corporate or divisional level, to the more specific cost and performance information necessary to monitor individual products, customers or segments. The ultimate measure of success is whether or not internal decision making has been improved as a result of the relevance, quality and timeliness of information provided by the management accounting function.
- Workshop (5%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
To enrol in this subject, you must be admitted into a degree.
Others
Available as "Open Access" with the requirement of a Bachelors degree.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.