Not currently offered
Course code

ACFI2004

Units

10 units

Level

2000 level

Course handbook

Description

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.


Availability

Not currently offered.

This Course was last offered in Trimester 1 - 2021 (Singapore).


Learning outcomes

On successful completion of the course students will 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. 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, relevant costs and benefit analysis, analysis of special decisions, special decisions and manufacturing firms.
  5. Control: performance evaluation.
  6. Strategic considerations.
  7. Strategic decision making: balanced score card.
  8. Planning: budgeting.
  9. Transfer pricing
  10. Sustainability - measurements and critique.

Requisite

Students must have successfully completed ACFI2003 to enrol in this course.


Assessment items

Quiz: Multiple Choice Tests - Online

Written Assignment: Written assignment

Formal Examination: Final examination

Course outline

Course outline not yet available.