Offered

Clayton First semester 2008 (Day)
Clayton Second semester 2008 (Day)

Synopsis

The unit aims to provide an in-depth understanding of how performance management systems can be designed to support the strategy of an organisation. It also covers the provision and use of management accounting information for strategy implementation, management planning, and control in organisations. Issues related to the design, implementation and use of contemporary performance management systems and techniques are covered, as are behavioural aspects of management accounting systems.

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.

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Prerequisites

AFC2131

Prohibitions

AFC2130, AFF3431, AFW3021