Management accounting
Mr Nihal Mudalige
6 points * 3 hours per week * First, second semester * Caulfield, Peninsula * Prerequisite: ACC2391
Objectives On completion of this subject a student should be able to: understand the decision making requirements and the information needs of management; supply management accounting principles and techniques to a wide range of situations in both service and manufacturing industries; demonstrate competence in business communications through oral and written presentations; appreciate recent developments in the theory and practice of management accounting.
Synopsis Introduction to management accounting; budgets and budgetary control; costing for decision making; cost-volume-profit analysis; standard costing and variance analysis; income effects of alternative costing methods; decentralisation, performance evaluation and transfer pricing; activity based costing.
Assessment Assignments: 20% * Final examination: 70%
Prescribed texts
Barfield J T and others Cost accounting: Traditions and innovations 2nd edn,West, 1993