Postgraduate - UnitACF5080 - Business accounting: strategic issues

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.

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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.

Level	Postgraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Accounting
Offered	Caulfield Second semester 2015 (Day)

Synopsis

A study of current and emerging issues in management accounting, focusing on the relationship between Management Control Systems and strategy and the increasingly important role of the management accountant in the formulation and implementation of corporate strategy. Topics include how management accounting supports decision making, the role of Management Control Systems in managing innovation and strategic change, the impact of environmental and sustainability issues, and the increasing importance of strategic data analysis. Customer, competitor, process, organisational and behavioural perspectives are examined.

Outcomes

The learning goals associated with this unit are to:

identify and discuss contemporary issues in management accounting
demonstrate an understanding of fundamental issues in business strategy and an appreciation of the importance of effective strategy development, implementation and management to long term value creation and sustainable business success
discuss the challenges and opportunities faced by management accountants in today's global business environment and the need to make management accounting more strategically relevant to various elements of overall business activity
identify and discuss how current and emerging management accounting techniques contribute to the design and implementation of strategic, marketing, production, quality and other management models in contemporary organisational settings.

Assessment

Within semester assessment: 35%
Examination: 65%

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.

Chief examiner(s)

Associate Professor Ralph Kober

Prohibitions

AFF5080, ACC4014, ACF5080, AFF4014