ACC587 Strategic Management Accounting CPA (8)
CSU Discipline Area: Accounting (ACCOU)
Duration: One session
Abstract:
This subject explores the application of management accounting principles and techniques in business environments in the pursuit of strategic outcomes. The design of management control systems to achieve market strategy is analysed. Ethical behaviour, cultural sensitivity, sustainable economic development and social responsibility are viewed as drivers of management accounting practice.
+ Subject Availability Modes and Locations
| Session 2 | |
|---|---|
| Distance | Wagga Wagga |
Continuing students should consult the SAL for current offering details: ACC587
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Enrolment restrictions:
Available only to students enrolled in the Master of Professional Accounting (CPA) or the Master of Accounting Practice. Enrolment in this subject is further restricted to those students concurrently enrolled in the CPA Program professional level segment Strategic Management Accounting.
Objectives:
Upon successful completion of this subject, students should:
- Be able to critically evaluate the role of the management accountant as leader and driver of strategic outcomes within economically dynamic, socially responsible and sustainable business entities.
- Be able to explain and apply the concepts of value creation, competitive position, value chain analysis and management to the design of accounting and control systems.
- Be able to design, implement and manage performance measurement systems and explain the implications of behavioural responses and cultural sensitivities.
- Be able to apply value enhancing principles in planning, selecting, implementing, managing and measuring projects designed to achieve strategic outcomes.
- Be able to identify and critique the wider global issues affecting management accountants, including social, ethical and environmental issues.
Syllabus:
The subject will cover the following topics:
- Management accounting and value creation
- Creating organisational value through strategic decisions
- Management strategy and market position
- Strategic management accounting
- Strategic decisions for performance improvement
- Performance measurement, management and control systems
- Value chain analysis and management
- Project planning, selection and control
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.