AFF3431 - Performance measurement and control

Offered

Caulfield First semester 2009 (Day)
Caulfield Second semester 2009 (Day)
Caulfield Second semester 2009 (Evening)

Synopsis

This unit focuses on the provision and use of management accounting information for management planning and control in organisations. Topics include budgeting, standard costing and variance analysis and contemporary approaches to managing costs, time, quality, suppliers, customers, and value.

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