Managerial accounting
Mr Erwin Waldmann
6 points (MPracAcc), 4 points (GradDipAcc) * 39 hours per semester * First, second, summer semester * Caulfield, in-house
Objectives On completion of this subject students should have knowledge of: the economic environment in which an organisation operates; the methods of accumulating and using financial data and reporting the results of activities and current financial management concepts.
Synopsis Lectures and seminars on: the principles of forms of business organisations and financial structures; the overview of the economy; managerial finance; and cost accounting systems.
Assessment Class tests: 30% * Final examination (2 hours): 70%
Prescribed texts
Horngren C T Cost accounting: A managerial emphasis 7th edn, Prentice-Hall, 1987
Kieso D E and Weygandt J J Intermediate accounting 6th edn, Wiley, 1989
McConnell C R Economics: Principles, problems and policies 10th edn, McGraw-Hill, 1987
Weston F J and Brigham E F Essentials of managerial finance 8th edn, Holt, Rinehart and Winston, 1987