Friday 26 December 2014

ACFI 2003 Management Accounting

ACFI 2003 Management Accounting


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COURSE CODE ACFI2003

UNITS10

LEVEL2000

DESCRIPTION
Reliability and consistency guided by relevant shape costing methodologies that inform management decision-making. Management accounting equips students with the principles, methods, processes and systems in management accounting to inform decision makers in an organisation through the examination of the theory and practice of the main accounting models used in cost determination. The range of cost determination models are explored in terms of their consistency with governing accounting principles and the usefulness of the cost measures for management's decision-making needs. Engaging in problem based oriented learning you develop complex problem solving skills designing solutions supported by theory, research and assessment of current practice.

It will important to read out following chapters


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AVAILABILITY

Callaghan Campus
§  Semester 1 - 2015
Ourimbah
§  Semester 1 - 2015
UoN Singapore
§  Trimester 2 - 2015 (Singapore)

LEARNING OUTCOMES
1. Discuss the use of management accounting information in an organisation
2. Explain cost concepts used in costing methods
3. Apply key costing methods to generate information for decision making
4. Critically analyse costing information ethically taking into account the needs of management
5. Solve management accounting problems ethically using cost concepts and methods

CONTENT
Lectures will include, but are not be restricted to, the following topics:
1.      Cost Concepts and Classification Paradigms; Cost estimation
2.      Product Costing: Job Costing Model
3.      Product Costing: Process Costing Models
4.      Cost Allocations: General Principles & Service Centre Costs
5.      Product Costing: Joint Products Model
6.      Management of Indirect Costs: Activity-Based Costing
7.      Strategic Considerations: Costing Models
8.      Managing Costs: Standard costing framework
9.      Managing: Standard costing analysis

ASSUMED KNOWLEDGE
ACFI1002

ASSESSMENT ITEMS
Written Assignment: Written Tutorial Assessments
Written Assignment: Written assignment
Formal Examination: Final exam

CONTACT HOURS

LECTURE
Face to Face On Campus 2 hour(s) per Week for Full Term

TUTORIAL
Face to Face On Campus 2 hour(s) per Week for 12 Weeks

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