Overview

This unit aims to equip you with enhanced knowledge of management accounting processes and techniques, including digital technologies, to improve the effective and efficient use of organisational resources. You will learn technical and analytical skills required to analyse relevant information that supports managerial decisions in enhancing both customer and shareholder values.

Requisites

Prerequisites
ACC10007 Financial Information for Decision Making

and

50 credit points

Antirequisites
ACC20014 Management Decision Making
Teaching periods
Location
Start and end dates
Last self-enrolment date
Census date
Last withdraw without fail date
Results released date
Semester 2
Location
Hawthorn
Start and end dates
03-August-2026
01-November-2026
Last self-enrolment date
16-August-2026
Census date
01-September-2026
Last withdraw without fail date
22-September-2026
Results released date
08-December-2026
Teaching Period 3
Location
Online
Start and end dates
02-November-2026
07-February-2027
Last self-enrolment date
15-November-2026
Census date
01-December-2026
Last withdraw without fail date
22-December-2026
Results released date
02-March-2027
Semester 1
Location
Hawthorn
Start and end dates
01-March-2027
30-May-2027
Last self-enrolment date
14-March-2027
Census date
30-March-2027
Last withdraw without fail date
20-April-2027
Results released date
06-July-2027
Semester 2
Location
Hawthorn
Start and end dates
02-August-2027
31-October-2027
Last self-enrolment date
15-August-2027
Census date
31-August-2027
Last withdraw without fail date
21-September-2027
Results released date
07-December-2027

Unit learning outcomes

Students who successfully complete this unit will be able to:
 

  1. Apply management accounting processes, tools and techniques to solve business problems.
  2. Analyse cost–volume–profit relationships, organisational performance, and risk to support managerial decision-making.
  3. Develop and evaluate costing systems including job and process costing, and apply cost allocation methods such as Activity Based Costing (ABC).
  4. Prepare budgets, analyse variances between budgeted and actual figures, and use management accounting information to support tactical decision-making.
  5. Apply business intelligence, digital tools, and technologies to analyse data and support data-driven decision-making.

Teaching methods

Hawthorn

Type Hours per week Number of weeks Total (number of hours)

On Campus Class 1

 2:00 12 weeks 24
Online Lecture (asynchronous) 1:00 12 weeks 12
Unspecified Activities Independent Learning 9.5 12 weeks 114
Total     150

Assessment

Type Task Weighting ULOs
Assignment 1 Individual 30-40 % 1,5
Assignment 2 Individual 30-50 % 3,4,5
Test Individual 20-30 % 1,2,3

Content

  • Management accounting concepts and techniques
  • Business and corporate strategies
  • Cost behaviour, drivers and estimation
  • Product and service costing
  • Overhead costs and activity based costing
  • Tactical decision making
  • Job and process costing
  • Cost volume profit analysis
  • Budgeting and variance analysis
  • Information systems, business intelligence and analytics
  • Organisational performance & risk management

Study resources

Reading materials

A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.