Special Consideration
ACC203 Management Accounting
Unit Description
This unit provides basic management accounting processes, a range of tools and techniques to accumulate and track costs of their products or services for effective use of organisational resources to create value for customers and the organisation.The use of data to develop both long-term and short-term plans and strategies which help firms achieve and maintain their competitive advantage will be considered. Knowledge and application skills will be developed using costing techniques used by firms, understand cost terminology and cost allocation methods, and to provide management with relevant information to inform their decision making.
This unit provides solid foundations in core management accounting topics in the areas of costing, budgeting and performance management.
Expected Student Workload
Number of timetabled hours per week: 4 hours (2 hours in lecture and 2 hours in tutorial)
No. personal study hours per week: 6 hours
Total workload hours per week: 10 hours
Prerequisites
ACC101 Principles of Accounting
Unit Weighting
Unit credit points: 10
Total course credit points: 240
Delivery Mode
Face to face on VSC campus
Unit Learning Outcomes (ULO)
ULO1: Discuss current management accounting knowledge and related technology skills.
ULO2: Apply appropriate key calculations in preparing reports using different costing and budgeting methods in different management accounting contexts.
ULO3: Demonstrate critical thinking and judgement in the application of ethical perspectives for decision making and planning across a range of management accounting contexts.
ULO4: Communicate management accounting information, advice and recommendations in a professional manner.