AFW3021 - Performance measurement and control

Leader: Dr Ruvendra Nandan

Offered

Berwick Second semester 2007 (Day)
Gippsland First semester 2007 (Off-campus)
Gippsland Second semester 2007 (Day)
Gippsland Second semester 2007 (Off-campus)
Hong Kong Second semester 2007 (Off-campus)
Malaysia First semester 2007 (Day)
Malaysia Second semester 2007 (Day)
Peninsula Second semester 2007 (Day)
Singapore Second semester 2007 (Off-campus)

Synopsis

Topics include the budget planning process including master budget preparation, budgeting standard costs and variance analysis, responsibility accounting, management by objectives and non-financial performance measurement, divisional performance, transfer pricing issues, program budgeting and other approaches, capital budgeting, strategic planning and control.

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 and projects: 30%
Examination: 70%

Contact hours

3 class hours per week

Prerequisites

AFW2020 or equivalent