ACC2001 Management Accounting
SUBJECT INFORMATION |
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SUBJECT CODE ACC2001 |
SUBJECT CREDITS 5 |
SUBJECT OWNER AIHE Business School |
SUBJECT LEVEL Undergraduate |
TOTAL COURSE CREDIT POINTS 120 |
OFFERED EXTERNALLY Yes |
ELECTIVE SUBJECT Yes
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EFTSL* 0.125 * Equivalent Full time Study Load
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NOTE This offering may not be scheduled in every study period. Please refer to the time table for further details.
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Subject Description
This subject is designed to provide students with the knowledge and skills to use management accounting information to inform business decisions. The emphasis is on understanding and interpreting management accounting information but to do this, students are required to generate the information as well. Students will gain an appreciation for how costing information is generated, the underlying assumption behind and limitations of such information and how to interrogate and interpret the information. In addition to the traditional costing functions of management accounting, the forward planning and control aspects of management accounting information are also explored. Students are required to apply numerical and analytical skills to budgeting, planning and control.Textbook(s)
Eldenburg, L.G., Brooks, A., Oliver, J., Vesty, G., & Wolcott, S. (2017) Management Accounting, 3nd Edition, John Wiley and Sons Australia Ltd, Australia.Teaching Method
Semester Study Period: 3 hour Face-to-face sessions x 12 weeks + 2 hours self study/ assessment x 2 weeks plus personal study hours Winter or Summer School: 7 hours Face-to-face sessions x 5 weeks plus personal study hoursPrerequisite(s)
- ACC1001 Accounting for Managers
- ECO1001 Business Economics and
- BUS1003 Business Mathematics and Statistics.
Assessment
Task |
Length |
Duration |
Weighting |
Costing Exercises (Individual assessment) |
20% (10% Each) |
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Test |
25% |
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Excel based budgeting assignment (Individual assessment). |
25% |
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End of semester test |
2 hours plus 10 minutes reading time |
30% |