Advanced Management Accounting
|Course code ACFI2004||Units 10||Level 2000||Faculty of Business and LawNewcastle Business School|
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.
Available in 2014
|Objectives||Upon successful completion of the course you should be able to: |
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.
|Content||Lectures will include, but are not restricted to, the following topics:|
1. Management accounting including ABM and Information that Adds Value.
2. Budgets and the Budgetary Process
3. Cost-Volume-Profit Modelling
4. Tactical decision-making including resource utilisation; pricing issues
5. Environmental cost management
6. Measuring and managing performance framework including the balanced Scorecard
7. Measurement Models
8. Measuring performance (Trans/pricing; segmental reporting; variable/absorption)
9. Reward-incentive schemes
|Replacing Course(s)||This course replaces ACFI2040.|
|Transition||This course is not available to students who have successfully completed ACFI2040.|
|Modes of Delivery||Internal Mode|
|Contact Hours||Workshop: for 2 hour(s) per Week for 12 weeks|
Lecture: for 2 hour(s) per Week for Full Term
|Timetables||2014 Course Timetables for ACFI2004|