Strategic Management Accounting (CISC8804)

Level: 
8
Credits: 
15 (0.125 EFTS)
Compulsory: 
No
Aim: 
To critically evaluate the role of both management accounting and the management accountant in supporting the strategic direction of an organisation.
Pre-requisites / Co-requisites: 
Students must be admitted to the Master of Applied Practice programme to enrol in this course.
Topics include: 

1. The role of the management accountant and the changing focus
2. Management accounting principles and concepts of unit costs, cost volume profit analysis, relevant costs, absorption costing and variable costing
3. Standard costing and variance analysis
4. Costing systems such as Activity Based Costing (ABC), Activity Based Management (ABM) and Customer Profitability Analysis (CPA)
5. Performance measurement and management accounting systems
6. Budgets and organisational objectives
7. Balanced scorecards, key performance indicators and benchmarking
8. Behavioural effects on organisational goal achievement
9. Strategy formulation and maintenance
10. Strategic management accounting techniques and maintenance of competitive advantages

1. The role of the management accountant and the changing focus
2. Management accounting principles and concepts of unit costs, cost volume profit analysis, relevant costs, absorption costing and variable costing
3. Standard costing and variance analysis
4. Costing systems such as Activity Based Costing (ABC), Activity Based Management (ABM) and Customer Profitability Analysis (CPA)
5. Performance measurement and management accounting systems
6. Budgets and organisational objectives
7. Balanced scorecards, key performance indicators and benchmarking
8. Behavioural effects on organisational goal achievement
9. Strategy formulation and maintenance
10. Strategic management accounting techniques and maintenance of competitive advantages
.
Learning and Teaching
Students will engage in a range of activities that will include small group discussions, examination of case studies, and on-line and mobile technology based activities.
They will examine organisational case studies that highlight the importance of strategic management accounting techniques in maintaining competitive advantage for organisations.
Students will research, analyse, discuss and present their findings and formulate recommendations on each case study.
Group presentations will require the students to communicate complex ideas to a range of stakeholder audiences utilising a variety of presentation media.
Formative assessments will require students to identify and familiarise with current job roles of management accounting from the various employment sites on the internet.
Ethical challenges that a management accountant can be exposed to are introduced through a team computer/ on-line game establishing the importance of ethical awareness for the management accountant.
The ethics theme is expanded upon by students considering how performance measurements can impact on human behaviour.
Timetable: 
Choose your class for this course from the option(s) below. You will need to attend all the sessions in that class to complete the course. Where more than one class number is shown, choose one of them and attend all sessions within that class number. (Note: If a class is held in different locations at the same time, you only need to attend all the sessions in one of the locations.)
There are no classes on public holidays.

Class: 1292

You need to attend all sessions of this class as listed below.

From – ToSessionDayTimeCampus (Room)
26 Feb 18 - 9 Apr 18 LectureMonday13:00 - 17:00 Mt Albert (114-4005)
30 Apr 18 - 25 Jun 18 LectureMonday13:00 - 17:00 Mt Albert (114-4005)

Class: 5046

You need to attend all sessions of this class as listed below.

From – ToSessionDayTimeCampus (Room)
20 Aug 18 - 12 Nov 18 LectureMonday13:00 - 17:00 Mt Albert (115-3016)
Note: This course is offered as part of Master of Applied Practice, Master of Applied Practice (Professional Accounting).

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