ACG513 Contemporary Cost Accounting for Management Decision-making (8)

This subject focuses on management accounting for cost and control purposes in an organisational context. The subject builds on the introductory topics in ACG511 and assumes knowledge of the management tools for data analysis in ACG512. Emphasis is placed on 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.


Session 3 (90)
Bathurst Campus

Continuing students should consult the SAL for current offering details: ACG513. 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 and not available to students who have completed ACC512.
It is prefered that students complete ACG512 Data Analysis for Financial Decision-making prior to enrolling in this subject.



Subject Relationships

ACC512 Similar content

Incompatible Subjects


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 synthesis skills in report writing;
  • be able to 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:
  • Product costing
  • Job & Process costing
  • Advanced budgeting including variance analysis
  • Activity based costing
  • Performance evaluation (financial and non financial measures)
  • Relevant costs & decision making

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.