ACCT 222 - Cost And Management Accounting

Note: revised points system being introduced in 2007.

(second semester) 0.15 EFTS 18 points

This paper is designed to assist students in understanding cost and management accounting information. Emphasis is placed upon issues of planning and control of organisations, including budgeting and performance evaluation, relevant costs for decision making and pricing.
In addition, the course is designed to provide a first step in helping students begin to develop autonomous learning skills and attitudes. To that end, the course provides several opportunities for students to take responsibility for their own learning and it is expected that students will do this.

Prerequisite: One of ACCT 101 (ACCT112, ACCT113) or BSNS 101 & 72 further points from Commerce Schedule C.

Class Contact
Lecture: One 50-minute lecture per week
Seminar: Two 1 hour seminars per week

Objectives
• Critically evaluate a previously unseen organisational situation for its cost and management accounting issues.
• Formulate clear ideas about the problems and issues involved, and about any likely further information and knowledge that might be required to deal with the issues identified.
• Gather the necessary information and knowledge, and re-formulate an understanding of the issues.
• Apply any necessary analysis and understanding to formulate alternatives to resolve the identified issues. Be aware of the strengths and weaknesses of various alternative courses of action.
• Recommend a set of actions to resolve the issues.

Assessment
Refer to Course Outline

Readings
Horngren, C.T., Datar, S. and Foster, G. (2006). Cost Accounting: A Managerial Emphasis, 12th edition, Prentice Hall.

Shank, J.K. (2006). Cases in Cost Management: A Strategic Emphasis, 3rd edition, South-Western College Publishing.


Course Outline ACCT222 Course Outline Semester 2 2008