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EXEC71-014: Managerial Accounting


The effective use of accounting information can benefit managers in a number of ways. Planning, decision-making, capital budgeting and other managerial functions all rely on this valuable resource. This subject examines the roles that different types of management accounting information play in designing appropriate management control systems and enables the development of management accounting fundamentals and techniques. The design of contemporary performance management systems that guide strategic and operational decision making and promote a firm’s long-term survival and growth is also introduced.

Subject details

Type: Postgraduate Subject
Code: EXEC71-014
EFTSL: 0.125
Faculty: Bond Business School
Credit: 10
Study areas:
  • Business, Commerce, and Entrepreneurship
Subject fees:
  • Commencing in 2021: $5,900.00
  • Commencing in 2021: $6,430.00

Learning objectives

1. Discuss stakeholders’ expectations for the ethical conduct of businesses. 2. Apply traditional and contemporary accounting methods to a variety of management decision-making scenarios. 3. Formulate solutions, supported by appropriate analytical and quantitative techniques, to simple accounting problems. 4. Apply knowledge of the theories and practices required to effectively manage resources for successful implementation of organisational strategies. 5. Critically evaluate contemporary costing systems in relation to their suitability for supporting long-term strategic decisions. 6. Devise a management control system that comprehensively optimises the planning and controlling of organisational resources for long-term business sustainability and the achievement of a firm’s strategic objectives. 7. Communicate professionally through written business reports.

Enrolment requirements



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):

Restrictions: This subject is not available to
  • Study Abroad Students

Must be admitted into an EMBA Program.

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.