ACC210 Management Accounting (8)
CSU Discipline Area: Accounting (ACCOU)
Duration: One session
Abstract:
This subject examines the way in which accountants provide financial and other information for managers to use within organisations. It focuses on the design and operation of product costing systems, on the design and operation of accounting control systems, and on contemporary international accounting and management interventions to drive organisational value and to achieve world-class performance. Areas and issues covered include understanding various types of costs, overhead cost allocation issues and methodologies, computer financial modelling, job costing, process costing, Activity Based Costing (ABC), Just-in-Time (JIT) cost allocation issues, absorption, variable, joint and operation costing, various budgeting methodologies, standard costing, variance analysis, responsibility accounting, the international dimensions of management accounting and a range of quantitative and qualitative performance measurement methodologies.
+ Subject Availability Modes and Locations
| Session 1 | |
|---|---|
| Internal | Albury-Wodonga |
| Internal | Bathurst |
| Internal | CSU Study Centre Melbourne |
| Internal | CSU Study Centre Sydney |
| Internal | Dubbo |
| Internal | Wagga Wagga |
| Distance | Albury-Wodonga | Session 2 |
| Internal | CSU Study Centre Sydney |
| Distance | Albury-Wodonga |
Continuing students should consult the SAL for current offering details: ACC210
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Prerequisite(s):
Enrolment restrictions:
Not available to students who have completed ACC281 or RMBU2640. Note that completion of RMBU1645 satisfies the prerequisite for this subject.
Objectives:
Upon successful completion of this subject, students should:
- be able to demonstrate technical, computational, and analytical skills associated with the design and operation of product costing and accounting control systems;
- be able to discuss issues associated with contemporary performance measurement;
- be able to use computer spreadsheets as an aid to product costing, budgeting and performance evaluation;
- be able to communicate effectively in designing reports for management;
- be able to discuss cultural and international dimensions of management accounting.
Syllabus:
The subject will cover the following topics:
- Management accounting functions, terms and cost flows;
- Accounting for and control of materials, labour and overhead costs;
- Activity based costing for more accurate tracing of overhead costs;
- Traditional costing systems: job costing, process costing, operation costing, joint costs, and standard costing systems;
- Alternative costing systems: variable costing, absorption costing, and Just-in-Time (JIT) costing;
- Feedforward control: comprehensive budgeting;
- Feedback control: theories of motivation, budgetary participation, flexible budgets, and standard cost variances;
- Responsibility accounting and accounting controls: organisation structure, responsibility accounting, decentralised organisations, various alternative quantitative and qualitative performance measures; and
- Application of management accounting tools in an international setting.
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.