Accounting information can be an invaluable tool for supporting the planning and control functions of management. This introductory subject explores a range of management accounting techniques, including costing systems, pricing systems, activity-based costing, budgeting, variance analysis and contemporary approaches to measuring performance. Students learn to incorporate behavioural responses to accounting information and the need to consider financial and non-financial information (including ethical considerations) in planning and control decisions.
|Bond Business School|
- January 2021 [Standard Offering]
- May 2021 [Standard Offering]
- September 2021 [Standard Offering]
- January 2022 [Standard Offering]
- May 2022 [Standard Offering]
- September 2022 [Standard Offering]
- January 2023 [Standard Offering]
- Commencing in 2020: $4,340
- Commencing in 2021: $3,890
1. Apply traditional and contemporary costing, pricing and accounting methods to a variety of management decision-making scenarios, including the determination of costs of products or services using activity-based costing, and non-routine operating decisions.
2. Formulate solutions, supported by appropriate analytical and quantitative techniques, to simple accounting problems.
3. Prepare a master budget and supporting schedules and explain behavioural issues of the budgeting process.
4. Apply standard cost concepts to prepare flexible budgets and calculate and interpret variances.
5. Demonstrate the ability to resolve a scenario of ethical conflict by applying the standards, ethics, and professional values of the accounting profession.
6. Work cooperatively and contribute as a productive team member to the creation of a master budget and business report.
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