Advanced Management Accounting

Course code ACFI2004Units 10Level 2000Faculty 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

Callaghan CampusSemester 2
OurimbahSemester 2
UoN SingaporeTrimester 3
Previously offered in 2013, 2012, 2011, 2010, 2009, 2008
ObjectivesUpon 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.
ContentLectures 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.
TransitionThis course is not available to students who have successfully completed ACFI2040.
Industrial Experience0
Assumed KnowledgeACFI2003
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Assessment Items
Essays / Written Assignments
Examination: FormalEnd of semester examination
Group/tutorial participation and contribution
Contact HoursWorkshop: for 2 hour(s) per Week for 12 weeks
Lecture: for 2 hour(s) per Week for Full Term
Timetables2014 Course Timetables for ACFI2004