Management Accounting
Credit points
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
VU Sydney
Prerequisites
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
Gain specialist knowledge in managerial accounting and develop relevant technical skills to aid in the understanding of a business.
Working with financial and non-financial data to draw insight that can be communicated effectively to a business.
In this unit, you will gain expertise in:
- strategic and operational planning and control
- various managerial techniques
- evaluation of product/service costing methodologies
- sustainable business performance.
You will engage in a range of learning activities involving readings, problem-solving exercises, guided discussions, and industry analysis.
By the end of the unit, you will understand how to meet the needs of managers making business decisions based on financial performance metrics.
Learning Outcomes
On successful completion of this unit, students will be able to:
- Compose management reports demonstrating theoretical and technical knowledge that assists senior management to control routine and non-routine business performance;
- Appraise information contained in management reports and present and defend recommendations about possible corrective action;
- Adapt a range of principles and complex techniques to critique management reports; and,
- Critically evaluate and present company sustainability reports.
Assessment
For Melbourne campuses
Assessment type: Test | Grade: 10%
Multiple choice and short answer
Assessment type: Project | Grade: 20%
Theoretical analysis and scenario based problem solving using excel
Assessment type: Presentation | Grade: 20%
Case study presentation
Assessment type: Examination | Grade: 50%
Practical and short theory questions
Other locations
Assessment type: Test | Grade: 10%
Multiple choice and short answer
Assessment type: Project | Grade: 20%
Theoretical analysis and scenario based problem solving using excel
Assessment type: Presentation | Grade: 20%
Case study presentation
Assessment type: Examination | Grade: 50%
Final exam: practical and short theory questions
Required reading
Students will have access to required readings via VU Collaborate and are not required to purchase the listed textbook.
Management accounting: Information for managing and creating value
Langfield-Smith, K., Thorne, H., & Hilton, W.R. (2021). | McGraw Hill
As part of a course
This unit is studied as part of the following course(s):