units

ACF3431

Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting
OfferedCaulfield First semester 2015 (Day)
Caulfield Second semester 2015 (Day)

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.

Outcomes

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 ACF3431.

Assessment

Within semester assessment: 40%
Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Prerequisites

AFF2391 or ACF2391

Prohibitions

ACB3021, AFC3131, ACC3131, AFG3021, ACG3021, AFW3021, ACW3021, AFF3431, AFX2431