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Unit of Study

Management Accounting A
UoS Code ACCT2012
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites (ACCT1001 or ACCT1005 or BUSS1030) and (ACCT1002 or ACCT1006)
Prohibitions ACCT2002
Assumed Knowledge
Additional Information
Lectures 1 x 2hr lecture and 1x 1hr tutorial per week
Assessment in-class MCQ (10%), in-class presentation (5%), Excel assignment (10%), group SAP assignment (25%), final exam (50%)
Description This unit provides students with an introduction to the basics of management/cost accounting; it equips them with basic skills to use an industry - standard accounting system and management accounting information efficiently and effectively. Areas specifically covered include: cost terms and purposes, cost behaviour, cost - volume - profit analysis, cost estimation, basic and alternative product costing methods, detailed study of the mechanics of the budgeting process (master budgets, flexible budgets, standard costing and variance analysis, capital budgeting), sustainability and environmental management accounting, decision making using relevant costs/revenues and cost allocation.