Management Accounting

    Unit code: BAO2204 | Study level: Undergraduate
    Credit points
    12
    (Generally, 1 credit = 10 hours of classes and independent study.)
    Location
    City Campus
    Footscray Park
    VU Sydney
    Prerequisites
    BAO1000 - Financial Literacy and Decision Making
    (Or equivalent to be determined by unit coordinator)
    Overview
    Enquire

    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 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:

    1. Compose management reports demonstrating theoretical and technical knowledge that assists senior management to control routine and non-routine business performance;
    2. Appraise information contained in management reports and present and defend recommendations about possible corrective action;
    3. Adapt a range of principles and complex techniques to critique management reports; and,
    4. 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

    For students studying at Henan University, Liaoning University
    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

    Management accounting: Information for managing and creating value
    Langfield-Smith, K., Thorne, H., & Hilton, W.R. (2018).| McGraw Hill

    As part of a course

    This unit is studied as part of the following course(s):

    Bachelor of Accounting
    BBAQ | Bachelor degree | Duration: 3 years

    Refer to the course page for information on how to apply for the course. VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.

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