STRATEGIC MANAGEMENT ACCOUNTING

ACC3SMA

Not currently offered

Credit points: 15

Subject outline

The aim of this subject is to enhance your understanding of basic cost and management accounting knowledge. It focuses on acquiring knowledge of more strategy-oriented management accounting and control systems such as customer accounting, competitor accounting, value chain analysis, target costing, life cycle costing, just-in-time 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 of contemporary organisations strategic management accounting and control practices. You will also learn to create value through problem solving, 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

PrerequisitesN/A

Co-requisites ACC3MAC

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

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, competitor analysis, sustainable performance management (balanced scorecard), target cost management, just-in-time, total quality management and value chain analysis as they apply to a range of organisational contexts.

Activities:
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:
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)

03. Describe and explain the types of innovation and their implications for sustainable business performance.

Activities:
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)

04. Learn to create strategic management accounting value through problem solving, 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)

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