This is the second specialist accounting unit in the Bachelor of Business (Accounting), and (Banking and Finance). The unit is concerned with the multi-faceted challenges facing the function of management accounting in contemporary organisations. The students will be equipped with the specialist knowledge and relevant technical skills to address these challenges. Topics include strategic planning and control, operational planning and control, cost system design, evaluation of product/service costing methodologies and sustainability. Students will engage in a range of learning activities involving readings, research, exercises, guided discussions, and case study analysis.
Unit details
Location:
Study level:
Undergraduate
Credit points:
12
Unit code:
BAO2204
Prerequisites
BAO1101 - Accounting for Decision Making
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Learning Outcomes
| 1. | Create management reports demonstrating understanding of specialised knowledge that assist senior management to control routine and non-routine business performance; | ||
| 2. | Appraise information contained in management reports and present and defend suggestions about possible corrective action; | ||
| 3. | Adapt a range of principles and complex techniques to critique management reports; and | ||
| 4. | Critically evaluate and present sustainability reports of companies and their capacity to address important, complex and unpredictable problems in management accounting. |
Assessment
Melbourne campuses
Students studying under the VU Block Model.
| Assessment type | Description | Grade |
|---|---|---|
| Test | Online In-Class Multiple Choice Test | 15% |
| Test | In-Class Short Theory and Practical Questions | 20% |
| Presentation | Case Study Presentation | 15% |
| Examination | Final Exam: Practical and short theory questions | 50% |
Other locations
| Assessment type | Description | Grade |
|---|---|---|
| Test | Multiple choice test, Short theory and practical questions | 30% |
| Examination | Final Exam: Practical and short theory questions | 70% |
Required reading
Management Accounting: Information for Managing and Creating Value 8th ed
Langfield-Smith, K., Thorne, H., and Hilton, W.R., 2018
McGraw Hill
Where to next?
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