ACCT 408 - Advanced Management Accounting

Note: revised points system being introduced in 2007.

(full year) 0.25 EFTS 36 points

Set in a planning environment, this paper essentially is forward and outward-looking. It draws upon a broad content of knowledge and is designed to be integrative. The nature of today’s dynamic and unstable environment requires modern management accountants to evaluate alternative courses of action for the purpose of promoting more adaptive organisational processes and structures. Furthermore, students are able to be aware of professional ethics, especially situations where possible personal conflicts can arise. The course is designed to broaden students’ appreciation of the role of management accounting techniques and applications in organisations.

Prerequisite: HOD approval

Class Contact
Lecture: One 2-hour lecture per week

Objectives
This course will provide students with an understanding of:
• Strategic management: an overview
• Strategic management: some simple models
• The environment
• Managing activities and accounting
• Managing resources and accounting
• Quality
• Competencies and competitive advantage
• Managing strategic change
• Managing strategic technology
• Products and customers
• Performance measurement systems
• Strategic control and performance management
• Multinational
• Executive compensation and incentive schemes

Assessment
Topic summaries (10 x 1%) 10%
Group presentation (verbal 3%; written 7%) 10%
Individual essay 10%
Case study (verbal 5%, written 10%) 15%
Terms test 20%
Final exam 35%

Readings
TBA

Course Outline ACCT408 Course Outline FY 2008