MANAGEMENT ACCOUNTING

ACC5MCR

2018

Credit points: 15

Subject outline

The subject introduces current thinking about management accounting practices in organisations with the aim to provide both quantitative and qualitative information for managing and creating value. The subject has the following aims: 1. It seeks to develop within students an ability to apply a range of technical conventional and contemporary cost accounting techniques. 2. To highlight the role of such techniques in supporting effective use of organisational resources and management decision making to create value. 3. To develop awareness that costing systems vary from one organisation to the next and that they evolve over time in relation to changes in the business environment. 4. To raise concerns on how business decisions impact the society. Furthermore, the course draws upon research and the professional literature to explore the issues that are raised in relation to cost and management reporting.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorGordon Boyce

Available to Study Abroad StudentsNo

Subject year levelYear Level 5 - Masters

Exchange StudentsNo

Subject particulars

Subject rules

Prerequisites ACC5AFM

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions Core subject in Courses: LMAFM; LMPACBA; LMPACPA; LMPACIS; LZFAPA; LMPAC; LMPASY

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsManagement accounting: information for managing and creating value.PrescribedLangfield-Smith, K., Thorne, H., Hilton, R.W.6TH. EDN. MCGRAW-HILL.

Graduate capabilities & intended learning outcomes

01. Conceptualize the relationship between various cost concepts and methodologies to build a coherent link in the fundamental building blocks of business decision making process.

Activities:
Weekly lectures to explain the concepts and methodologies, supported by in lecture examples and weekly tutorials to work through specified questions
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

02. Critically review different strategies/approaches available within the organization and recommend the most suitable strategy/approach in business decision making.

Activities:
Appropriate strategies will be discussed during seminars and tutorial activities
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)

03. Select and analyse useful information that is relevant to improve current business outcomes.

Activities:
Completing specified Tutorial questions and engaging in constructively Tutorial discussions. The final exam will contain a mini case study questions.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

04. Demonstrate critical awareness of how business decisions impact on ethical, societal and economic issues.

Activities:
Completing specified Tutorial questions and engaging in constructively Tutorial discussions.. Completing all Parts of the final examination
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

05. Deliver presentations effectively in a clear, succinct and persuasive manner, engaging the audience while solving a business case study.

Activities:
Group Presentation, plus written summary and reflective note, based on case studies drawn from the text book and/or other relevant material.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
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 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGordon Boyce

Class requirements

Lecture Week: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Tutorial Week: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Six, 20 minute in-lecture MCQ tests. Best 4 to be assessed.This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving.20 01, 02, 03
Written case study and oral presentationThis assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour.20 01, 02, 03, 04, 05
One 3-hour final examinationHurdle Requirement: Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the unit. This assessment will report on the graduate capabilities of Writing, Inquiry/Research and Critical thinking.60 01, 02, 03, 04

Melbourne, 2018, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGordon Boyce

Class requirements

Lecture Week: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Six, 20 minute in-lecture MCQ tests. Best 4 to be assessed.This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving.20 01, 02, 03
Written case study and oral presentationThis assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour.20 01, 02, 03, 04, 05
One 3-hour final examinationHurdle Requirement: Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the unit. This assessment will report on the graduate capabilities of Writing, Inquiry/Research and Critical thinking.60 01, 02, 03, 04

Sydney, 2018, Study Period 3, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGordon Boyce

Class requirements

Lecture
One 2.0 hours lecture per week on weekdays during the day and delivered via face-to-face.

Tutorial
One 1.0 hours tutorial per week on weekdays during the day and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Six, 20 minute in-lecture MCQ tests. Best 4 to be assessed.This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving.20 01, 02, 03
Written case study and oral presentationThis assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour.20 01, 02, 03, 04, 05
One 3-hour final examinationHurdle Requirement: Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the unit. This assessment will report on the graduate capabilities of Writing, Inquiry/Research and Critical thinking.60 01, 02, 03, 04

Sydney, 2018, Study Period 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGordon Boyce

Class requirements

Lecture Week: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Tutorial Week: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Six, 20 minute in-lecture MCQ tests. Best 4 to be assessed.This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving.20 01, 02, 03
Written case study and oral presentationThis assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour.20 01, 02, 03, 04, 05
One 3-hour final examinationHurdle Requirement: Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the unit. This assessment will report on the graduate capabilities of Writing, Inquiry/Research and Critical thinking.60 01, 02, 03, 04

Sydney, 2018, Study Period 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGordon Boyce

Class requirements

Lecture Week: 31 - 42
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

Tutorial Week: 31 - 42
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Six, 20 minute in-lecture MCQ tests. Best 4 to be assessed.This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving.20 01, 02, 03
Written case study and oral presentationThis assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour.20 01, 02, 03, 04, 05
One 3-hour final examinationHurdle Requirement: Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the unit. This assessment will report on the graduate capabilities of Writing, Inquiry/Research and Critical thinking.60 01, 02, 03, 04