MANAGEMENT ACCOUNTING AND CONTROL

ACC3MAC

2016

Credit points: 15

Subject outline

The aim of this subject is to further develop students' understanding of basic cost accounting skills to include knowledge of more advanced management accounting processes and techniques such as sustainability and environmental management accounting, strategic planning and budgeting, standard costing, capital investment decision tools, managing and reporting performance, managing suppliers and customers, managing cost and quality, and performance measurement and incentive systems. Created in a Blended Learning model the subject uses the classroom (workshop) time for activities that benefit the most from direct interaction and videotaped lectures ahead of time so the student can watch on their own time, place, path or pace. The workshop facilitator places an emphasis on empowering students with the skills and knowledge required to make the most of the online material and independent study time, guiding students toward the most meaningful experience possible.

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

Prerequisites ACC2CAD Cost Accounting and Decision Making

Co-requisitesN/A

Incompatible subjects ACC2IMB, ACC2MAC

Equivalent subjectsN/A

Special conditionsN/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsManagement Accounting: Information for creating and managing valuePrescribedLangfield-Smith, K., Throne, H., Smith, D., and Hilton, R. W. - 7th edition 2015McGraw-Hill

Graduate capabilities & intended learning outcomes

01. Identify relevant social and environmental issues and explain their potential impacts on the design and use of management accounting tools.

Activities:
Face-to-face workshops, online resources, and self-assessment activities
Related graduate capabilities and elements:
Literacies and Communication Skills (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)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)

02. Prepare budgets for various organisations and then calculate standard cost variances and explain in writing the causes of variances.

Activities:
Face-to-face workshops; online resources, and self-assessment activities
Related graduate capabilities and elements:
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,Autonomy and independence,Ethical behaviour,Study and Learning Skills)

03. Apply capital budgeting techniques to purchasing/upgrading asset decisions and critically evaluate these decisions in terms of financial as well as social and environmental criteria.

Activities:
Face-to-face workshops; online resources, and self-assessment activities
Related graduate capabilities and elements:
Literacies and Communication Skills (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)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)

04. Describe, analyse and evaluate various financial and nonfinancial performance measurement techniques and transfer pricing tools as they relate to decentralised business units and their managers.

Activities:
Face-to-face workshops, online resources, and self-assessment activities
Related graduate capabilities and elements:
Literacies and Communication Skills (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)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)

05. Describe, analyse and evaluate various costs of quality as they apply to various organisational settings.

Activities:
Face-to-face workshops, online resources, and self-assessment activities
Related graduate capabilities and elements:
Literacies and Communication Skills (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)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

06. Calculate and analyse supplier and customer costs and their performance in order to manage and improve supplier and customer relations.

Activities:
Face-to-face workshops, online resources, and self-assessment activities
Related graduate capabilities and elements:
Literacies and Communication Skills (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)

07. Understand various cost and management accounting tools for public sector organisations.

Activities:
Face-to-face workshops, online resources, and self-assessment activities
Related graduate capabilities and elements:
Literacies and Communication Skills (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)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

Albury-Wodonga, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on weekdays at night from week 10 to week 22 and delivered via face-to-face.
"One 2-hour face-to-face problem-based workshop per week to review online work and work through and review of a series of applied problems sets."

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Bendigo, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hour face-to-face problem-based workshop per week to review online work and work through and review of a series of applied problems sets"

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Dandenong, 2016, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"One 2-hours weekly face-to-face workshop supported by online lectures and other learning tools under the blended delivery mode."

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Dandenong, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hours weekly face-to-face workshop supported by online lecture and other learning tools under the blended delivery mode"

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Melbourne, 2016, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"One 2-hour face-to-face workshop/class per week to review online work and work through and review of a series of applied problems sets."

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Melbourne, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hour face-to-face problem-based workshop per week to review online work and work through and review of a series of applied problems sets."

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Mildura, 2016, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

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

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Shepparton, 2016, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 31 - 43
One 2.0 hours workshop per week on weekdays at night from week 31 to week 43 and delivered via face-to-face.
"One 2-hour face-to-face workshop/class per week to review online work and work through and review of a series of applied problems sets."

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Sydney, 2016, Study Period 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"2 hour weekly face-to-face workshop supported by online lectures and other learning tools under the blended delivery mode"

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Sydney, 2016, Study Period 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop Week: 31 - 42
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
"2 hour weekly face-to-face workshop supported by online lectures and other learning tools under the blended delivery mode"

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07

Sydney, 2016, Study Period 3, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

WorkShop
One 2.0 hours workshop per week on weekdays during the day and delivered via face-to-face.
"2 hour weekly face-to-face workshop supported by online lectures and other learning tools under the blended delivery mode"

Assessments

Assessment elementComments% ILO*
One 15-minute Group Oral PresentationOral presentations are to be made by each group of 4 students in the workshop. Students will choose their own topic from material covered in the preceding weeks. Students are required to submit a one-page summary written report on their presentation topic for their group.10 01, 02, 03, 04, 05, 06, 07
One 1000-1500 words Group Case Study AssignmentGroup case study assignment to be submitted via Turn-It-In on LMS in a group of 4 students.10 01, 02, 03, 04, 05, 06, 07
4 Online QuizzesSix online quizzes will be carried out. The best 4 results in 6 will be considered in the final grade. The solutions of the quiz will be discussed in the workshop.20 01, 02, 03, 04, 05, 06, 07
One 3- hour Final ExaminationStudents must achieve at least 40% on the final examination.55 01, 02, 03, 04, 05, 06, 07
One Workshop (In-class) Quiz4 In-class tests will be conducted any week without notice during week 4 - week 10. 5% of the total marks for this subject will be considered in the final grade . Total marks awarded will be divided by 4 to re-express the marks out of 5%.5 01, 02, 03, 04, 05, 06, 07