Advanced Management Accounting

Course code ACFI2004
Available in 2016
2016 Course Timetables


The management accounting function has both an informational and motivational role in organisational decision making. Analysis of information is considered within the context of activity-focused-costing systems and the assessment of non-financial performance measures. The motivational effects of budgets, control processes and performance measures are considered. Issues in human information processing are introduced. Students engage in problem based learning applying strategies to conceptualise problems and formulate optimal solutions.



  • Semester 2 - 2016


  • Semester 2 - 2016

Learning Outcomes

1. Demonstrate an integrative understanding of the theoretical concepts supporting the accounting processes covered.

2. Display the ability to soundly apply these accounting processes.

3. Demonstrate current knowledge of developments in management accounting.

4. Identify and comprehend the issues arising as a result of these current developments.

5. Work independently and collaboratively in accounting environments to critically analyse problem scenarios and employ conceptual accounting models to formulate solutions.

6. Identify, analyse, evaluate and communicate information reflective of management accounting approaches and contexts.


Lectures will include, but are not restricted to, the following topics:

  1. Introduction to management accounting and revision of cost concepts.
  2. Activity Based Costing and Activity Based Management
  3. Absorption and variable costing.
  4. Short term decision making: relevant cost analysis.
  5. Control: performance evaluation.
  6. Strategic considerations.
  7. Strategic decision making: balanced score card.
  8. Planning: budgeting.
  9. Sustainability - measurements and critique.

Assumed Knowledge


Assessment Items

Tutorial / Laboratory Exercises: Tutorial Exercises

Written Assignment: Written Assignment Analyses of case studies

Formal Examination: Final examination

Contact Hours

Callaghan and Ourimbah


Face to Face On Campus 2 hour(s) per Week for Full Term


Face to Face On Campus 2 hour(s) per Week for 12 Weeks