AFX3511

Strategic management accounting

Ms Annette Baines

6 points
* One 2-hour lecture and one 1-hour tutorial
* Caulfield, Peninsula
* Prerequisite: To be studied in the final semester of a student's course

Objectives On completion of this subject students should be able to explain the concepts of strategic corporate planning; demonstrate awareness of strategic business planning principles and best management accounting practices by evaluating and/or developing a corporate strategic plan through field study; appreciate the importance of the major business functions to strategic business decisions; demonstrate knowledge of management accounting information systems in the globalised business environment, and the role of management in `adding value'; visualise the management accounting information system as a corporate control system providing information for strategic decisions.

Synopsis Concepts and techniques of business strategy formulation. Corporate strategic planning; marketing; strategic management accounting; activity based costing; manufacturing strategies; financial issues; strategic management and business planning.

Assessment Group field study assignment (2500 words each student): 50%
* Examination (3 hours): 50%
* A pass is required in each segment.

Prescribed texts

Ratnatunga and others (eds) Issues in strategic management accounting Harcourt Brace Jovanovich, 1993