units

ACF5955

Faculty of Business and Economics

18 September 2017 25 April 2024
Monash University

Postgraduate - 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.

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

Synopsis

This unit aims to develop students' understanding of the concepts and techniques of management accounting, and skills in the use of management accounting techniques to communicate decision-useful information to management. The unit content includes costing terminology, cost accumulation and recording systems, costing methods for both manufacturing and service-based organisations, how management accounting information informs key product decisions such as pricing and product mix, and the design of budget systems.

Outcomes

The learning goals associated with this unit are to:

  1. apply management accounting principles and techniques to service and manufacturing industry cases
  2. compare, contrast and demonstrate various costing models
  3. design budgets and explain the behavioural aspects of different budgeting styles
  4. examine cost-volume-profit analyses, divisional performance evaluation measures
  5. develop capabilities to work effectively in a group; and/or demonstrate effective individual research skills to solve management accounting problems and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACF5955.

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)

Ms Anna Stamatelatos

Prerequisites

AFX9500 or ACX5950

Prohibitions

AFF9611, AFG9072, ACG5972, AFX5611, AFX9550