CPA STRATEGIC MANAGEMENT ACCOUNTING

ACC5SMA

2020

Credit points: 15

Subject outline

In this subject you will examine the management accountant's role in dynamic organisations operating in the global business environment. You will: 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.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Esin Ozdil

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 5 - Masters

Exchange Students: No

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: Must have completed 180 credit points of subjects as per the course structure in either LMCPA or LMFAN and seek subject co-ordinator's approval

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: All students enrolling in the CPA Professional subjects must first enrol with CPA Australia and provide evidence of associate membership with CPA Australia. 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 in lieu of a supplementary exam. All CPA Australia exams are at the student's own cost, exam payments must be made directly to CPA Australia.

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Learning resources

Study Guide

Resource Type: Other resource

Resource Requirement: Prescribed

Author: CPA Australia

Year: N/A

Edition/Volume: N/A

Publisher: CPA Australia

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

DISCIPLINE KNOWLEDGE AND SKILLS

INQUIRY AND ANALYSIS - Creativity and Innovation

INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving

INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

PERSONAL AND PROFESSIONAL - Adaptability and Self-Management

PERSONAL AND PROFESSIONAL - Ethical and Social Responsibility

Intended Learning Outcomes

01. Critique the role of strategic management accounting in supporting strategy development and day-to-day operations of an organisation.

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

03. Examine the role of performance measurement and control systems in value creation, strategy

04. Apply strategic management accounting tools and techniques to improve the effectiveness and long term sustainability of value creating activities

05. Recognise the role of product development/ selection, planning, monitoring and completion in strategy formulation and implementation

Melbourne (Bundoora), 2020, Week 06-24, Day

Overview

Online enrolment: No

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Esin Ozdil

Class requirements

Lecture/WorkshopWeek: 6 - 18
One 3.00 hours lecture/workshop per week on weekdays during the day from week 6 to week 18 and delivered via face-to-face.
Taught as seven 3-hour face-to-face seminars, plus online material from CPA Australia. Seminar timing will be aligned to match CPA Australia exam dates.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
CPA Final Exam (3 hours 15 minutes) (3500 word equivalence). Hurdle requirement: Students must pass the matching CPA Program Exam to be eligible to pass this subject. The CPA Program Exams are of 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.	N/A	Central exam	Individual	Yes	70	SILO1, SILO2, SILO3, SILO4, SILO5
Individual Assignment (1000- words). Students will prepare an individual case study analysis. This will assist students to prepare for the CPA Exam where case study analysis is an important element.	N/A	Assignment	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5
Group assignment (500 words) per student. Students will work in groups to prepare an in-depth case study analysis. This will assist students to prepare for the CPA Exam where case study analysis is an important element.	N/A	Assignment	Group	No	20	SILO1, SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2020, Week 29-43, Day