AFF3431 - Performance measurement and control

Leader: Ms Nuzi Cader

Offered

Caulfield First semester 2007 (Day)
Caulfield Second semester 2007 (Day)
Caulfield Second semester 2007 (Evening)

Synopsis

Introduction to management accounting; budgets and budgetary control; costing for decision making; cost-volume-profit analysis; standard costing and variance analysis; income effects of alternative costing methods; cost management; decentralisation, performance evaluation and transfer pricing.

Objectives

The learning objectives of this unit are to:

• apply standard costing, budgeting and other selected management accounting techniques that enable managers to measure and control performance;
• analyse management accounting information in a wide range of decision contexts in both service and manufacturing industries;
• explain the behavioural implications of performance measurement systems;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with performance measurement and control issues.

Assessment

Assignments: 20%
Examination (3 hours): 80%

Contact hours

3 hours per week

Prerequisites

AFF2391