Offered
Caulfield First semester 2008 (Day)
Caulfield Second semester 2008 (Day)
Caulfield Second semester 2008 (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 goals associated with 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 and, problem solving skills to individual and /or group activities dealing with performance measurement and control issues.
Assessment
Within semester assessment: 20%
Examination (3 hours): 80%
Contact hours
3 hours per week
Prerequisites
AFF2391
Prohibitions
AFC3131 and AFW3021
