2013 Unit of Study
The session(s) below are for 2013. For Summer School 2013 unit of study availability please visit the Summer School website (main Summer session January/February 2013).
The University of Sydney session calendar shows exact dates for sessions.
| Managerial Accounting & Decision Making | |
|---|---|
| UoS Code | ACCT5002 |
| Credit points | 6 |
| Offered | Semester 1 and Semester 2 |
| Prerequisites | ACCT5001 |
| Corequisites | |
| Prohibitions | |
| Assumed Knowledge | |
| Additional Information | |
| Lectures | 1 x 3hr class per week |
| Assessment | Weekly in-class feedback of progressive performance in the development of concept and technique knowledge and its application and business practicals (50%); Final Examination (50%) |
| Description | The unit introduces students to the context and processes of management accounting by taking a resource-based view in creating stakeholder value using financial and non-financial information. Critical business career skills of collaboration, problem solving, persuasive communication and ethical behaviour in difficult situations are fostered across the areas of cost accounting, business performance, and strategic value creation in management accounting. Students will get real-world like experience using a range of traditional and contemporary managerial accounting tools and techniques. By the application of management accounting techniques to organisational resourcing issues in their competitive and ethical context it becomes possible to show students the important role that management accountants have in leading the organisation into better awareness of, leveraging and combining organisational resources to portfolios, projects, and programmes. Students will become familiar with the many kinds of managerial accounting decisions that shape an organisation over time. To consolidate learning, a capstone case study allows students to use the knowledge learned in understanding the operational and strategic issues facing an organisation following the global financial crisis. |