STRATEGIC MANAGEMENT ACCOUNTING

ACC3SMA

2018

Credit points: 15

Subject outline

The aim of this subject is to further develop your understanding of basic cost and management accounting knowledge. It focuses on acquiring knowledge of more strategy-oriented management accounting and control systems such as customer accounting, competitors' accounting, value chain analysis, target costing, life cycle costing, JIT systems, strategy map and the balanced scorecard, total quality management, and benchmarking analysis as they apply to a range of organisational strategy implementation or execution related decision-making both in the private and public sectors. Through evidence-based case studies, journal articles, and group case study projects, you will develop an understanding that management accounting and control practices need to be tailored specifically to the strategies and environment of the business. You will also learn to create value through solving problems, critical thinking and working effectively as a team.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorZahirul Hoque

Available to Study Abroad StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisites ACC3MAC

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions Students with special needs whose participation in this subject might be limited by any study requirements are encourgaed to consult the Equality and Diversity Centre (EDC). Further information and contact details for the EDC are available at http:\\www.latrobe.edu.au/equality. Elective subject.

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsStrategic Management AccountingPrescribedHOQUE, Zahirul (Custom Edition, 2016); ISBN: 978 1 4886 1337 1PEARSON EDUCATION AUSTRALIA
Discipline SpecificManagement Accounting Research (Journal)RecommendedWim van der Stede (Editor-in-Chief)Elsevier

Graduate capabilities & intended learning outcomes

01. Analyse and interpret strategy-informed management accounting tools such as customer accounting, competitors' analysis, sustainable performance management (balanced scorecard), target cost management, total quality management and value chain analysis as they apply to a range of organisational contexts.

Activities:
Lecture and workshops; class activities through case studies and group assignment
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

02. Describe and analyse various strategy typologies and assess how they relate to management control systems in a range of organisational settings.

Activities:
Lecture and workshops; class activities through case studies and group assignment
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

03. Describe and explain the types of innovation and their implications for sustainable business performance.

Activities:
Lecture and workshops; class activities through case studies and group assignment
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

04. Learn to create value through solving problems, critical thinking, and communicating effectively.

Activities:
Workshop activities, reading journal articles, self-assessment tests and group case study assignment
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

05. Identify and describe elements of effective teamwork and apply them to the process of collaborative learning to turn a study group into a team, focused on enhancing the individual learning of each member of the team.

Activities:
Workshop activities and group assignment
Related graduate capabilities and elements:
Personal and Professional Skills (Teamwork including leadership and working in groups)

06. Develop the ability to deal with the complexities of performance management and employee motivation in the global context.

Activities:
Lecture, workshop activities, self-assessment test, reading journal articles
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2018, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

Lecture Week: 31 - 43
One 1.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Face-to-face lectures One hour per week"

WorkShop Week: 32 - 43
One 2.0 hours workshop per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.
"Students must attend 2 hours face-to-face interactive/blended workshop every week"

Assessments

Assessment elementComments% ILO*
Final examination (closed book - 2 hours)The final examination paper is made up of short essay type questions and mini case studies. Topics include materials covered in lectures and workshops. The total duration: writing 2 hours with reading time 15 minutes. To be eligible to receive a passing grade, a student must achieve 45% or more in the final examination for the subject, which equates to final examination marks of 22.50 out of 50. A student w50 01, 02, 03, 04, 05, 06
One group assignment (Total 1,500 words, 3 students per group)This turn-it-in group research project promotes the students' ability to integrate the subject content and to complete it collaboratively working as a group with 3 per group. Equivalent to 500 words per student. Groups consist of 3 students and are to self-select via LMS. Each student to contribute 500 words to the group assignment which will be based on practical cases.15 04, 05
Three On-line quizzes (Total 750 words equivalent) (progressive, each 5%)Five online quizzes will be conducted throughout the duration of the subject via LMS. Best Three of Five will be counted toward the final grade. Equivalent to 500 words per student.15 01, 02, 03, 04, 05, 06
Four in-class assessments (Total 1,000 words equivalent) (progressive, each 5%)Four in-class assessments will be conducted in workshops. Each assessment consists of 2 to 4 short-conceptual/numerical questions based on a pre-reading business case. Broadly equivalent to 250 words per test.20 01, 02, 03, 04, 05, 06