Engineering accounting A
B Clarke
4 points * 26 lecture hours, 26 tutorial/computing laboratory hours * Second semester * Caulfield
Basic financial accounting: concepts, techniques and conventions. Understanding corporate annual reports: basic financial statements; analysis of financial statements; principal inventory measurement methods. Introduction to costing systems: costing terminology; use of predetermined costs; actual, normal and standard costing; cost allocations; job, process and activity costing systems; life cycle costing. Costing in the new manufacturing environment. The importance of non-financial performance measures. Use of accounting computing packages.
Assessment
Examinations (3 hours): 60% * Assignments: 40%
Prescribed texts
Clarke B Cost accounting 2nd edn, Smart Centre, Monash U, 1994
Hilton R Managerial accounting 2nd edn, McGraw-Hill, 1994
Minch R The Anderton Instrument Company McGraw-Hill, 1991