Examines the way in which accountants provide financial and other information for managers to use within organisations. Focuses on the design and operation of product costing systems, on the design and operation of accounting control systems, and on contemporary management interventions to achieve world-class performance. Topics include computer financial modelling, job costing, process costing, Activity Based Costing (ABC), JIT cost allocation issues, joint costing, budgeting, variance analysis, responsibility accounting, performance measurement, theory of constraints, kaizen, business process re-engineering, economic value, balanced scorecard and international dimensions of management accounting.
No offerings have been identified for this subject in 2021.
School of Accounting and Finance
Bachelor of Business Studies students only. Not available to students who have completed ACC210.
ACC210 This subject is identical to ACC210, except for mode of delivery and method of assessment
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 costs. Alternative costing systems: variable costing, JIT costing, ABC, throughput 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, ROI, RI and EVA performance measures. Multiple performance measures: characteristics of performance measures, use of accounting controls in performance evaluation, contemporary management practices, business process reengineering, total quality management, continuous improvement, benchmarking, costs of quality, time, productivity, flexibility, innovation, the balanced scorecard, application of management accounting tools in international setting.
The information contained in the CSU Handbook was accurate at the date of publication: May 2021. The University reserves the right to vary the information at any time without notice.