Monash University Handbook 2010 Undergraduate - Unit

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 goals associated with this unit are to:

1. apply traditional and contemporary performance measurement and control techniques to enable managers to measure and enhance organisational performance
2. analyse and make recommendations regarding the design of performance measurement and control systems
3. explain how behavioural implications are crucial for the effective design of performance measurement and control systems
4. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with performance measurement and control and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFW3021.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Ruvendra Nandan

Contact hours

3 hours per week

Prerequisites

AFW2020

Prohibitions

AFC3131, AFF3431