acc5sma cpa strategic management accounting
CPA STRATEGIC MANAGEMENT ACCOUNTING
ACC5SMA
2018
Credit points: 15
Subject outline
This subject examines the management accountant's role in dynamic organisations operating in the global business environment. The aims of this subject are to: a) develop the skills of the professional accountant in creating, managing and enhancing sustainable value to the organisation through the use of various strategic management accounting tools and techniques; and b) examine techniques for developing, implementing, measuring and monitoring the performance of an organisation to provide feedback for improving strategies.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorAxel Schulz
Available to Study Abroad StudentsYes
Subject year levelYear Level 5 - Masters
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites All students require the approval of the Program Director (Accounting) and must be enrolled in LMCPA, LZCFA or LMFAN.
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditions All students enrolling in the CPA Professional subjects will be required to enrol concurrently with CPA in order to sit the CPA final exams, at their cost. The final exam for the CPA professional subjects is the official CPA professional accreditation exam set and graded by CPA Australia. Students failing to pass this exam on the first attempt will be offered a second attempt (at their cost) in lieu of a supplementary exam. Students need a WAM of 60% in 8 of the 9 core MPA subjects. Students enrolled in the course who fail to achieve the 60% WAM for 8 of the 10 core MPA subjects, will be able to transfer into the generic MPA degree. Students failing to satisfactorily complete all six CPA subjects will be able to transfer to complete the generic MPA, where completed CPA subjects will count towards the elective subjects of that degree.
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Discipline Specific | Study Guide | Prescribed | CPA Australia | CPA Australia |
| Readings | Blended material | Recommended | La Trobe University | La Trobe University |
Graduate capabilities & intended learning outcomes
01. Critique the role of strategic management accounting in supporting strategy development and day-to-day operations of an organisation.
- Activities:
- Lectures, workshops, case studies and relevant online material
- 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)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
02. Discriminate and apply key strategic management processes including organisational and industry value analysis to develop understanding of value drivers, cost drivers and the reconfiguring of value chains
- Activities:
- Lectures, workshops, case studies and relevant online material
- 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)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
03. Examine the role of performance measurement and control systems in value creation, strategy
- Activities:
- Lectures, workshops, case studies and relevant online materials
- 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(Autonomy and independence,Ethical behaviour)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
04. Apply strategic management accounting tools and techniques to improve the effectiveness and long term sustainability of value creating activities
- Activities:
- Lectures, workshops, case studies and relevant online materials
- 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)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
05. Recognise the role of product development/ selection, planning, monitoring and completion in strategy formulation and implementation
- Activities:
- Lectures, workshops, case studies and relevant online materials
- 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)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Personal and Professional Skills(Autonomy and independence,Ethical behaviour)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
Subject options
Select to view your study options…
Melbourne, 2018, Week 29-43, Day
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorAxel Schulz
Class requirements
Lecture/WorkshopWeek: 29 - 41
One 3.0 hours lecture/workshop per week on weekdays at night from week 29 to week 41 and delivered via face-to-face.
"One 3-hour face-to-face lecture/workshop per week for 12 weeks plus online material from CPA Australia. Classes at 5pm (Monday-Thursday only)."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| CPA Final Exam (3 hours 15 minutes) | Conducted by CPA In W42-W44. CPA Program Exams are three hours and 15 minutes duration. CPA Program Exams are open book. As this exam forms part of a professional qualification, the required level of performance is high. Candidates are required to achieve a passing scale score of 540 in all CPA Programs exams. Further information about scaled scores and exam results is available at cpaaustralia.com.au/cpapr | 50 | 01, 02, 03, 04, 05 |
| Individual Case study Assignment (one, 1000- words) | Students will conduct in-depth analysis of case studies and prepare a report which is to be submitted via LMS. This will assist students to prepare for the CPA Final Exam where case study analysis is an important element of the subject. | 20 | 01, 02, 03, 04, 05 |
| Online-quizzes (Best 10 of 12, each quiz consists of 10 questions) | Online quizzes will consist of MCQs to assist students to prepare for the CPA final exam. | 30 | 01, 02, 03, 04, 05 |
Melbourne, 2018, Week 08-23, Day
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorAxel Schulz
Class requirements
Lecture/WorkshopWeek: 08 - 20
One 3.0 hours lecture/workshop per week on weekdays at night from week 08 to week 20 and delivered via face-to-face.
"One 3-hour face-to-face lecture/workshop per week for 12 weeks plus online material from CPA Australia. Classes at 5pm (Monday-Thursday only)."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| CPA Final Exam (3 hours 15 minutes) | Conducted by CPA In W42-W44. CPA Program Exams are three hours and 15 minutes duration. CPA Program Exams are open book. As this exam forms part of a professional qualification, the required level of performance is high. Candidates are required to achieve a passing scale score of 540 in all CPA Programs exams. Further information about scaled scores and exam results is available at cpaaustralia.com.au/cpapr | 50 | 01, 02, 03, 04, 05 |
| Individual Case study Assignment (one, 1000- words) | Students will conduct in-depth analysis of case studies and prepare a report which is to be submitted via LMS. This will assist students to prepare for the CPA Final Exam where case study analysis is an important element of the subject. | 20 | 01, 02, 03, 04, 05 |
| Online-quizzes (Best 10 of 12, each quiz consists of 10 questions) | Online quizzes will consist of MCQs to assist students to prepare for the CPA final exam. | 30 | 01, 02, 03, 04, 05 |