2014 Unit of Study

The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).

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
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 (40%), and final examination (60%)
Description The unit introduces students to the context and processes of management accounting, using financial and non-financial information to inform a resource-based view of the creation of stakeholder value. 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 get real-world based experience through the application of management accounting techniques to organisational resourcing issues in their competitive and ethical context. The unit emphasises that management accountants have a leadership role in engendering organisational awareness of the value of organisational resources. Students become familiar with the many kinds of managerial accounting decisions concerning the recognition, augmentation, allocation, deployment, leveraging, development, performance and value of organisation resources that shape an organisation over time. The unit is completed with a capstone case study which consolidates learning and allows students to use their new knowledge and skills gained in identifying and addressing operational and strategic issues facing organisations following the global financial crisis.