acc5mcr management and cost reporting
MANAGEMENT AND COST REPORTING
ACC5MCR
2017
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
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Management accounting: information for managing and creating value. | Prescribed | Langfield-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:
- 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)
- 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.. Completing Part C of final examination which comprises 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, succint 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…
Melbourne, 2017, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorZahirul Hoque
Class requirements
TutorialWeek: 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.
LectureWeek: 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.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Six x 20 minute in-lecture MCQ tests. Best four to be assessed. | This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving. | 20 | 01, 02, 03 |
| one 20-minute class presentation | This assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour. | 10 | 01, 02, 03, 04, 05 |
| one 3-hour final examination | Hurdle 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. | 70 | 01, 02, 03, 04 |
Melbourne, 2017, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorGordon Boyce
Class requirements
TutorialWeek: 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.
LectureWeek: 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.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Six x 20 minute in-lecture MCQ tests. Best four to be assessed. | This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving. | 20 | 01, 02, 03 |
| one 20-minute class presentation | This assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour. | 10 | 01, 02, 03, 04, 05 |
| one 3-hour final examination | Hurdle 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. | 70 | 01, 02, 03, 04 |
Sydney, 2017, 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 element | Comments | % | ILO* |
|---|---|---|---|
| Six x 20 minute in-lecture MCQ tests. Best four to be assessed. | This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving. | 20 | 01, 02, 03 |
| one 20-minute class presentation | This assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour. | 10 | 01, 02, 03, 04, 05 |
| one 3-hour final examination | Hurdle 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. | 70 | 01, 02, 03, 04 |
Sydney, 2017, Study Period 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorZahirul Hoque
Class requirements
LectureWeek: 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.
TutorialWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Six x 20 minute in-lecture MCQ tests. Best four to be assessed. | This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving. | 20 | 01, 02, 03 |
| one 20-minute class presentation | This assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour. | 10 | 01, 02, 03, 04, 05 |
| one 3-hour final examination | Hurdle 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. | 70 | 01, 02, 03, 04 |
Sydney, 2017, Study Period 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorGordon Boyce
Class requirements
LectureWeek: 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.
TutorialWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Six x 20 minute in-lecture MCQ tests. Best four to be assessed. | This assessment will report on the graduate capabilities of Quantitative/Digital literacy and Problem solving. | 20 | 01, 02, 03 |
| one 20-minute class presentation | This assessment will report on the graduate capabilities of Speaking, Teamwork and leadership, and Ethical behaviour. | 10 | 01, 02, 03, 04, 05 |
| one 3-hour final examination | Hurdle 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. | 70 | 01, 02, 03, 04 |