Strategic management accounting
Professor John Miller AO
6 points * One 2-hour lecture and one 1-hour tutorial * Caulfield, Peninsula * Prerequisite: to be studied in the final semester of a student's course
Objectives On completion of this subject students should be able to explain the concepts of strategic corporate planning; demonstrate awareness of strategic business planning principles and best management accounting practices by evaluating and/or developing a corporate strategic plan through field study; appreciate the importance of the major business functions to strategic business decisions; demonstrate knowledge of management accounting information systems in the globalised business environment, and the role of management in `adding value'; visualise the management accounting information system as a corporate control system providing information for strategic decisions.
Synopsis Concepts and techniques of business strategy formulation. Corporate strategic planning, marketing; strategic management accounting; activity based costing; strategies in human resource management; manufacturing strategies; financing issues; strategic management and business planning.
Assessment Examination (3 hours): 50% * Field study assignment (1200 words): 50% * A pass is required in each segment
Prescribed texts
Ratnatunga and others (eds) Issues in strategic management accounting Harcourt Brace Jovanovich, 1993
Recommended texts
Argenti J Practical corporate planning Allen and Unwin, 1980