The focus of this subject is on managing issues that are associated with strategy implementation and the effective use of management accounting information for planning and control decisions in business. Students will learn how different corporate and business strategies affect the choice and design of ongoing formal systems used to plan and control the firm's performance, and hence, affects the design of management accounting control systems. The approach adopted blends theory with practice to facilitate insight into the complex issues impacting the use and application of accounting information. Its goal is for students to develop skills in analysing planning control issues and problem-solving by the application of theory to different business situations. The subject links the more quantitative aspects of cost management and responsibility accounting with the more qualitative aspects of behaviour to highlight systems design and information use issues.
|Bond Business School|
- January 2018 [Standard Offering]
- May 2018 [Standard Offering]
|Available to Study Abroad students|
- Commencing in 2017: $4,205
- Commencing in 2018: $4,247
1. Critically analyse management control systems, identify issues that affect the implementation of an organisation's strategy, and, if required, make recommendations for improvements to the system. (Graduate attribute 1)
2. Demonstrate knowledge of management accounting theories and technical management accounting skills, and integrate both in preparing appropriate management accounting and cost-related reports and calculations. (Graduate attribute 1)
3. Demonstrate the ability to evaluate and integrate financial and non-financial measures, performance, systems and controls as components of strategic implementation mechanisms. (Graduate attribute 1)
4. Evaluate the performance of an organisation in relation to its strategic objectives. (Graduate attribute 1)
5. Work cooperatively and contribute to action learning opportunities. (Graduate attribute 2)
6. Explain, discuss and elaborate on issues, and are able to justify and communicate advice and ideas to fellow students and instructor/s through oral and written communication. (Graduate attribute 3)
7. Demonstrate a knowledge of the standards, ethics, and values underlying responsible business practices at a personal and organisational level in both the local and global context. (Graduate attribute 4)
Student must have successfully completed ACCT12-200 Cost Management Systems prior to undertaking ACCT13-304.