Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should be able to understand the decision-making requirements and the information needs of management; apply management accounting principles and techniques to a wide range of situations in both service and manufacturing industries; demonstrate competence in business communications through oral and written presentations; appreciate recent developments in the theory and practice of management accounting; appreciate the developments in information technology in relation to the provision of management accounting information.
Synopsis Seminars to guide participants toward proficiency in management and cost accounting principles and techniques; topics include cost classification and recording systems; job costing and process costing; flexible budgets, standard costing and variance analysis; product costing for decision making; cost-volume-profit analysis; relevant costing and pricing; divisional performance evaluation and transfer pricing; activity based costing.
Assessment Assignment written (1000-1500 words): 20% + Examination (3 hours): 80%