AFC3141 - Strategic management accounting

Offered

Clayton Second semester 2008 (Day)

Synopsis

The provision and use of management accounting information for strategy implementation, management planning, and control in organisations. The unit aims to provide an in-depth understanding of how performance management systems can be designed to support the strategy of an organization. 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:

• explain how management accounting systems can be designed to support corporate, business and operational strategies;
• critically evaluate strategic management accounting concepts, techniques, assumptions, and arguments;
• apply management accounting techniques to strategic business decisions;
• describe the behavioural implications of performance measurement systems;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with strategic management accounting.

Assessment

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

Contact hours

2-hour lecture and 1-hour tutorial

Prerequisites

AFC2130 or AFC2131

Prohibitions

AFC3130, AFF3511