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AFW2020Accounting for management information (6 points)(BUS) Leader: Berwick: Mr Martin Samy; Gippsland: To be advised; Peninsula: Dr Erwin Waldmann (Chief examiner); Malaysia: Ms Aniza Zainol; South Africa: Mr Steven Firer
Offered: 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. Joint and by-product spoilage and waste. Apportioning joint costs for multiple products. Activity-based costing. Materials and inventory management using traditional and JIT methods. Quality costing and quality issues as organisational strategies. Assessment: Assignment: 30% + Examination: 70% Contact Hours: 2-hour lecture and 1-hour tutorial |
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