You are viewing this page as a domestic student.
Change to International

You are a domestic student if you are an Australian citizen, a New Zealand citizen or the holder of an Australian permanent visa.

You are an international student whether you are within or outside Australia and you do not meet the domestic student criteria.

COVID-19 (coronavirus): Latest advice for the Bond community.

ACCT71-102: Management Accounting

Description

This subject is designed to develop advanced management accounting skills to address the contemporary business environment imperatives of customer value, technology driven solutions and knowledge-based organisations. The first part of this subject provides students with a framework for analysing a business’s unique cost and revenue structures, to facilitate managerial planning and control decisions. The second part of this subject focuses on the achievement of business objectives in today’s dynamic and complex business environments. Focus is on the strategic implications of managerial accounting information and the essentials of integrating external and internal factors into managerial decision making. 

Subject details

TypePostgraduate
CodeACCT71-102
EFTSL0.125
FacultyBond Business School
Semesters offered
  • May 2022 [Standard Offering]
  • September 2022 [Standard Offering]
  • May 2023 [Standard Offering]
  • September 2023 [Standard Offering]
Credit10
Study areas
  • Business and Commerce
Subject fees
  • Commencing in 2022: $5,170

Learning outcomes

1. Explain the purpose of management accounting, the role of business strategy, and the different types of business structures and their implications for delegation of authority and control in complex business contexts. 2. Critically apply traditional and advanced costing systems, pricing strategies, accounting methods, and quantitative techniques to support management decision making in a range of complex business situations. 3. Prepare budgets and forecasts for management purposes and explain the role of budgets in managerial planning and control. 4. Critically apply advanced theoretical and technical accounting knowledge and skills to formulate solutions to complex organisational strategy, planning, control, and performance evaluation problems, supported by analytical and quantitative techniques using spreadsheets and relevant business databases. 5. Critically apply the principles and procedures involved in analysing and managing an organisation’s cash flow and working capital requirements in complex business situations. 6. Resolve ethical conflicts by applying the standards, ethics, and professional values of the accounting profession to complex business issues. 7. Demonstrate the ability to initiate, plan and execute a comprehensive group project in collaboration with others.

Enrolment requirements

Requisites: ?

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Assumed Prior Learning (or equivalent):

  • ACCT71-606 Management Accounting and Strategy
  • ACCT71-100 Accounting Principles
  • ACCT11-102 Management Accounting OR ACCT71-606 Management Accounting and Strategy
  • ACCT71-100 Accounting Principles
  • ACCT11-102 Management Accounting OR ACCT71-606 Management Accounting and Strategy
  • ACCT71-100 Accounting Principles
  • ACCT11-102 Management Accounting

Basic spreadsheet skills are required for learning activities

Restrictions: ?

Anti-requisites: ?

  • ACCT71-606 Management Accounting and Strategy
  • ACCT71-100 Accounting Principles
  • ACCT11-102 Management Accounting OR ACCT71-606 Management Accounting and Strategy
  • ACCT71-100 Accounting Principles
  • ACCT11-102 Management Accounting OR ACCT71-606 Management Accounting and Strategy
  • ACCT71-100 Accounting Principles
  • ACCT11-102 Management Accounting

Subject dates

Future offerings not yet planned.