Accounting for management information
Ms Suzanne Harrold
6 points * One 1-hour lecture and one 2-hour tutorial * Distance approximately 12 hours per week * First, second semester * Prerequisite: GBU1001
Objectives Building on studies in first year accounting, students will develop understanding of issues and techniques relevant to determining the costs of products and services. Traditional cost accounting techniques will be explored, and students will be exposed to the techniques which have emerged through advances in information technology. Students will extend their skills in the use of spreadsheets and general ledger accounting software packages.
Synopsis Introduction to Management Accounting and Business Management. Basic terms and concepts. Classification and behaviour of costs. Recording product cost transactions for manufacturing firms using periodic and continuous systems. Provide an overview of the procedurs involved in cost accounting systems analysis and design. Joint and by product spoilage and waste. Apportioning joint costs for multiple products. Allocation of overhead cost using Activitiy Based Costing. Materials and inventory management looking traditional JIT methods. Quality costing and examining the quality issues as organisational strategies.
Assessment (on campus) One assignment: 18% * Two class tests: 8% * Interview: 4% * Examination: 70%
Prescribed texts
Horngren C T and others (eds) Cost accounting 8th edn, Prentice-Hall 1994
Horngren C T and others Cost accounting: Student solution manual 8th edn, Prentice-Hall, 1994