ACC512 Management Accounting for Costs & Control (8)

This subject focuses on management accounting for cost and control purposes in an organisational context. It emphasises the use of quantitative techniques and computer software including spreadsheets. The subject includes an overview of management accounting perspectives with an emphasis on systems design and provides a framework for problem solving and analysis of conventional and modern cost accounting paradigms including job and process costing, standard costing and variance analysis, relevant costs for decisions, activity-based costing, kaizen costing, just-in-time, target costing, control systems, benchmarking, performance evaluation and balanced scorecard.

Subject Outlines
Current CSU students can view Subject Outlines for recent sessions. Please note that Subject Outlines and assessment tasks are updated each session.


Session 1 (30)
On Campus
CSU Study Centre Brisbane
CSU Study Centre Melbourne
CSU Study Centre Sydney
Session 2 (60)
On Campus
CSU Study Centre Brisbane
CSU Study Centre Melbourne
CSU Study Centre Sydney
Port Macquarie Campus
Wagga Wagga Campus
Session 3 (90)
Wagga Wagga Campus

Continuing students should consult the SAL for current offering details: ACC512. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System



One session


School of Accounting and Finance

Enrolment Restrictions

Postgraduate students only.

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to discuss and critique the historical and ethical development of management accounting;
  • be able to apply cognitive skills in the design and operation of costing systems;
  • be able to critically evaluate the design and operation of performance management systems;
  • be able to explain the role of management accounting in organisational contexts and the implications for management accounting of different paradigms;
  • be able to apply analytical and synthetical skills in report writing, and use quantitative techniques and computer software including using the Internet as a professional source;
  • be able to create and implement computerised decision models; and
  • be able to critique how managers make decisions.


This subject will cover the following topics:
  • purposes of management accounting, ethics and management accounting, elements of management control, the Internet as a professional resource, spreadsheeting; cost benefit, responsibilities of the management accountant;
  • history of management accounting, cost concepts, cost allocation, product costing, job costing, manufacturing overhead, lean accounting, TQM, Six Sigma;
  • system design, overhead application methods, process costing, weighted average, standard costs, just-in-time variable and absorption costing;
  • budgeting, variance analysis and control, kaizen budgeting systems, human aspects of budgeting, motivation;
  • service department cost allocation, joint products and by-products;
  • the design of cost accounting and control systems; activity based costing, quality management, target costing, theory of constraints, benchmarking;
  • preparation of reports for management decision making, responsibility accounting, decentralised organisations, performance measurement (including ROI, RI, EVA and balanced scorecard);
  • relevant costs and management decision making, special orders, make or buy decisions, outsourcing and further processing decisions;
  • strategic decisions, critical thinking and business reports, Panopticism and control systems.


Current Students

For any enquiries about subject selection or course structure please contact Student Central or or phone on 1800 275 278.

Prospective Students

For further information about Charles Sturt University, or this course offering, please contact info.csu on 1800 275 278 (free call within Australia) or enquire online.

The information contained in the 2018 CSU Handbook was accurate at the date of publication: August 2018. The University reserves the right to vary the information at any time without notice.