STRATEGIC MANAGEMENT ACCOUNTING

ACC3SMA

2017

Credit points: 15

Subject outline

The aim of this subject is to further develop your understanding of basic cost and management accounting knowledge as a precursor to 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

Prerequisites ACC2CAD

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions This subject is delivered over a 2-weeks period in Summer 3 (10 days in February each year). So, a minimum of 30 hours of study per week is essential for the correct assimilation and comprehension of contents delivered in each lecture and workshop. 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.

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, quality cost management and value chain analysis as they apply to a range of organisational contexts.

Activities:
Face-to-face 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:
As above.
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:
As above
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, 2017, Summer 3, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorZahirul Hoque

Class requirements

Lecture Week: 06 - 07
Ten 1.0 hours lecture per study period on weekdays during the day from week 06 to week 07 and delivered via face-to-face.
"Lectures are scheduled 1 hour each day for 5 days Monday - Friday for 2 weeks (5 days x 1h x 2w) = 10 hours or 10 classes."

WorkShop Week: 06 - 07
Ten 2.0 hours workshop per study period on weekdays during the day from week 06 to week 07 and delivered via face-to-face.
"Special requirements: Students must attend 2 hours workshop every day (5 days a week for 2 weeks) = 20 hours. The workshops should be set as a sequence of activities, so that students enrolled into a particular sequence and stayed in the same groups right through."

Assessments

Assessment elementComments% ILO*
Final examination (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. A hurdle requirement of 45% is set for the Final Examination. The total duration: writing 2 hours with reading time 15 minutes.50 01, 02, 03, 04, 05, 06
One, 1,500-word group assignment (3 per groups; 500 words per student)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. 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
Best Three of Five, 10 questions, On-line quizzes (20 minutes each quiz) (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.15 01, 02, 03, 04, 05, 06
Four, 2 short-essay questions, in-class tests (10 minutes each) (progressive, each 5%)Four in-class tests will be conducted in workshops. Each test consists of 2 short-essay type questions based on a pre-reading business case. Each test will be completed within 10 minutes.20 01, 02, 03, 04, 05, 06