Managerial Accounting
Duration
One Semester or equivalent
Contact hours
- 36
On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.
2021 teaching periods
Hawthorn
Higher Ed. Semester 1 | Higher Ed. Semester 2 | |
---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Corequisites
Concurrent Pre-requisites :
A unit can be either completed prior to commencing study or taken at the same time.
and
or
Aims and objectives
This unit aims to equip students with enhanced knowledge and in-depth understanding of management accounting concepts and technique application in the context of contemporary operational environment. It is designed to provide students with the skills and expertise to contribute to the strategic decision-making and management of organisations through exposure to apply management accounting analysis to practical accounting problems and case studies
Students who successfully complete this unit will be able to:
2. Critically evaluate and apply appropriate cost allocation methods and cost management analysis
3. Critically analyse management accounting information to plan and control efficient use of company resources
4. Apply appropriate management accounting techniques to solve cases on a range of complex business situations, as an effective team member
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Face to Face Mode:
Scheduled hours: Class (12 x 3 hours)
Engaging with online content and discussions
This includes all:
• Scheduled teaching and learning events and activities (contact hours timetabled in a face-to-face teaching space) and scheduled online learning events (contact hours scheduled in an online teaching space), and
• Non-scheduled learning events and activities (including directed online learning activities, assessments, independent study, student group meetings, and research)
• Read all prescribed materials and/or view videos in preparation for each class
• Attend and engage in all scheduled classes (face to face or online)
• Start assessment tasks well ahead of the due date, and submit assessments promptly
• Read / listen to all feedback carefully, and consider it for future assessment
• Engage with fellow students and teaching staff (don’t hesitate to ask questions)
Assessment
1. Tests (Individual) 15-25%
2. Case Analysis (Group) 10-20%
3. Assignment (Individual) 15-25%
4. Examination (Individual) 40-60%
2. Case Analysis (Group) 10-20%
3. Assignment (Individual) 15-25%
4. Examination (Individual) 40-60%
General skills outcomes
During this unit students will receive feedback on the following key generic skills:
- Teamwork skills
- Analytical and problem solving skills
- Communications skills
- Ability to tackle unfamiliar problems, and
- Ability to work independently
Content
• Cost Volume Profit Analysis
• Overhead Cost Allocation and Activity Based Costing
• Performance Measurement and Balanced Scorecard
• Relevant Costing & Tactical Decision Analysis
• Budgeting
• Flexible Budgets, Standard Costing & Variance analysis
• Contemporary Issues
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.