Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should have an appreciation of strategic management and understand how management accounting assists in strategic management; understand the meaning of activity-based management and how activity-based costing relates to activity-based management; have an awareness of contemporary performance evaluation and have developed an understanding of optimisation models for planning and control; understand and apply the principles of cost estimation and learning curves to management accounting.
Synopsis The provision and use of management accounting information for management planning and control within organisations. An important aspect is relating management accounting to the strategic issues faced by contemporary organisations. Both quantitative and behavioural aspects of management accounting are considered. Emphasis is given to cost control through learning curves, mathematical modelling and decision models.
Assessment Written (computer assignment): 10% + Group presentation: 10% + Tutorial participation: 10% + Examination (3 hours): 70%