Management Accounting for Planning and Control
24 hours face to face + blended
One Semester or equivalent
Hawthorn, Online
Available to incoming Study Abroad and Exchange students
Overview
This unit aims to equip you with enhanced knowledge of management accounting processes and techniques designed to enhance the effective and efficient use of organisational resources. You will learn technical and analytical skills required to analyse relevant information that supports managerial decisions in enhancing both customer and shareholder values.
Requisites
Teaching periods
Location
Start and end dates
Last self-enrolment date
Census date
Last withdraw without fail date
Results released date
Semester 2
Location
Hawthorn
Start and end dates
29-July-2024
27-October-2024
27-October-2024
Last self-enrolment date
11-August-2024
Census date
31-August-2024
Last withdraw without fail date
13-September-2024
Results released date
03-December-2024
Teaching Period 3
Location
Online
Start and end dates
04-November-2024
09-February-2025
09-February-2025
Last self-enrolment date
17-November-2024
Census date
29-November-2024
Last withdraw without fail date
27-December-2024
Results released date
04-March-2025
Teaching Period 2
Location
Online
Start and end dates
07-July-2025
05-October-2025
05-October-2025
Last self-enrolment date
20-July-2025
Census date
01-August-2025
Last withdraw without fail date
22-August-2025
Results released date
Learning outcomes
Students who successfully complete this unit will be able to:
- Analysing the relationship between cost, volume and profit, and its implications for managerial decision making
- Develop and evaluate costing systems including job and process costing, and apply cost allocation methods such as Activity Based Costing (ABC)
- Prepare budgets and analyse variances between planned and actuals.
- Apply management accounting techniques to solve a range of business problems
Teaching methods
Hawthorn
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| On-campus Class | 2.00 | 12 weeks | 24 |
| Online Lecture | 1.00 | 12 weeks | 12 |
| Unspecified Activities Independent Learning | 9.50 | 12 weeks | 114 |
| TOTAL | 150 |
Swinburne Online
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| Online Directed Online Learning and Independent Learning | 12.50 | 12 weeks | 150 |
| TOTAL | 150 |
Assessment
| Type | Task | Weighting | ULO's |
|---|---|---|---|
| Assignment | Individual | 30 - 40% | 1,2,3,4 |
| Examination | Individual | 40 - 60% | 1,2,3,4 |
| Tutorial Exercises | Individual | 10 - 20% | 1,2,3,4 |
Content
- Cost behaviour, drivers and estimation
- Introduction to product and service costing
- Overhead costs and Activity based costing
- Tactical decision making
- Job and process costing
- Cost volume profit analysis
- Budgeting
- Standard costing and flexible budgets
- Information systems and data analytics
- Dealing with risk and uncertainty in decision-making
- Advanced variance analysis - material mix and yield variances; sales mix and quantity variances; planning and operational variances
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.