| Type: | Postgraduate Subject |
|---|---|
| Code: | ACCT71-102 |
| EFTSL: | 0.125 |
| Faculty: | Bond Business School |
| Semesters offered: |
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| Credit: | 10 |
| Study areas: |
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| Subject fees: |
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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
Learning outcomes
- 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.
- 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.
- Prepare budgets and forecasts for management purposes and explain the role of budgets in managerial planning and control.
- 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.
- Critically apply the principles and procedures involved in analysing and managing an organisation’s cash flow and working capital requirements in complex business situations.
- Resolve ethical conflicts by applying the standards, ethics, and professional values of the accounting profession to complex business issues.
- 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):Basic spreadsheet skills are required for learning activities |
| Restrictions: |
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Subject dates
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May 2024
Standard Offering Enrolment opens: 17/03/2024 Semester start: 13/05/2024 Subject start: 13/05/2024 Cancellation 1: 27/05/2024 Cancellation 2: 03/06/2024 Last enrolment: 26/05/2024 Withdraw - Financial: 08/06/2024 Withdraw - Academic: 29/06/2024 Teaching census: 07/06/2024 -
September 2024
Standard Offering Enrolment opens: 14/07/2024 Semester start: 09/09/2024 Subject start: 09/09/2024 Cancellation 1: 23/09/2024 Cancellation 2: 30/09/2024 Last enrolment: 22/09/2024 Withdraw - Financial: 05/10/2024 Withdraw - Academic: 26/10/2024 Teaching census: 04/10/2024
| Standard Offering | |
|---|---|
| Enrolment opens: | 17/03/2024 |
| Semester start: | 13/05/2024 |
| Subject start: | 13/05/2024 |
| Cancellation 1: | 27/05/2024 |
| Cancellation 2: | 03/06/2024 |
| Last enrolment: | 26/05/2024 |
| Withdraw - Financial: | 08/06/2024 |
| Withdraw - Academic: | 29/06/2024 |
| Teaching census: | 07/06/2024 |
| Standard Offering | |
|---|---|
| Enrolment opens: | 14/07/2024 |
| Semester start: | 09/09/2024 |
| Subject start: | 09/09/2024 |
| Cancellation 1: | 23/09/2024 |
| Cancellation 2: | 30/09/2024 |
| Last enrolment: | 22/09/2024 |
| Withdraw - Financial: | 05/10/2024 |
| Withdraw - Academic: | 26/10/2024 |
| Teaching census: | 04/10/2024 |