Management Accounting for Planning and Control
Duration
- One Semester or equivalent
Contact hours
- 36 hours
On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.
2022 teaching periods
Hawthorn Higher Ed. Semester 2 |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Swinburne Online Teaching Period 3 |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Prerequisites
50 Credit Points from a Bachelor degree
AND
Anti-req (unit similar in contect)
ACC20014 - Management Decision Making
Aims and objectives
This unit aims to equip you with enhanced knowledge of management accounting processes and techniques designed to enhance 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.
Students who successfully complete this unit will be able to:
1 Analysing the relationship between cost, volume and profit, and its implications for managerial decision making
2 Develop and evaluate costing systems including job and process costing, and apply cost allocation methods such as Activity Based Costing (ABC)
3 Prepare budgets and analyse variances between planned and actuals.
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Hawthorn
Type | Hours per week | Number of Weeks | Total |
Face to Face Contact Class |
2 |
12 |
24 |
Online Contact Directed Online Learning and Independent Learning | 1 | 12 | 12 |
Unspecified Learning Activities Independent Learning | 9.5 | 12 | 114 |
TOTAL | 150 hours |
Swinburne Online
Type | Hours per week | Number of Weeks | Total |
Online Contact Directed Online Learning and Independent Learning | 12.5 | 12 | 150 |
TOTAL | 150 hours |
Assessment
1. Test (Individual) 30-40%
2. Tutorial Preparation (Individual) 10-20%
4. Final Examination (Individual) 40-60%
Content
- Cost behaviour, drivers and estimation
- Introduction to product and service costing
- Overhead costs and Activity based costing
- Tactical decision making
- Job and process costing
- Cost volume profit analysis
- Budgeting
- Standard costing and flexible budgets
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.