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

Study level:
Credit points:
Unit code:


BAO1101 - Accounting for Decision Making

Learning Outcomes

On successful completion of this unit, students will be able to:
  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.  


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?

As part of a course

You can choose to study this unit as part of the following courses. Refer to the course page for information on how to structure your course to include this unit.

Study a single unit

This unit can be studied on its own, without enrolling in a full degree. Learn more about single units of study at VU.

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