| Subject Code | FIN200 |
|---|---|
| Subject Name | Management Accounting |
| Level | 200 |
| Credit Points | 3.00 |
| Type | Core |
| Pre/Co-requisite | FIN100 Fundamentals of Financial Literacy (Pre-requisite) |
Successfully completing this subject will require you to commit to a balance of class time, pre and post work and online activities as outlined below.
Total workload
| Total No. timetabled hours: | Total No. personal study hours: | Total workload hours: |
|---|---|---|
| 33 | 77 | 110 |
Weekly study workload
| Timetabled: | Personal study: | Total: |
|---|---|---|
| 3 hours per week | 7 hours per week | 10 hours per week |
Description and rationale
This subject builds on the financial literacy and aims to focus on the use of management accounting information to assist in key areas such as planning and decision-making. The subject introduces students to management accounting concepts and functions such as analysing financial statements, investment decisions, costing and opportunity costing analysis and managing working capital.
Topics to be covered
Topics are often refined and subject to change. Please refer to the topics and subtopics listed in the LMS menu for this module.
Description
| Learning Outcome Description | Assessment tasks in which this learning outcome is assessed | |
|---|---|---|
| a | Explain and evaluate the role and importance of financial information in business decision making. | 1 & 3 |
| b | Apply relevant management accounting concepts to various complex business scenarios. | 1, 2 & 3 |
| c | Demonstrate the use of a range of measurements tools for performance evaluation and business control. | 1 & 2 |
| d | Apply capital budgeting techniques to capital investment scenarios. | 3 |
| e | Evaluate overall financial position and performance of a business for decision making. | 2 & 3 |
Assessment tasks
| Assessment Task | Weighting | Assessment Due | Subject Learning Outcomes to be assessed | |
|---|---|---|---|---|
| 1 | Online Quiz (Individual) | 30% | Week 2 to 7 | a, b & c |
| 2 | Case Study (Individual) | 30% | Week 9 | b, c & e |
| 3 | Report (Individual) | 40% | Week 12 | a, b, d & e |
Submitting your assessment tasks
Most assessment tasks are submitted using the Learning Management System. For more instructions on submitting the assessment tasks and specific information of the subject assessment submission requirements, please refer to the instructions in the Learning Management System.
Late submission and extension
There are penalties for late submission of assessment tasks. Please refer to the assessment section in the Learning Management System for more information on late submission penalties.
If you would like to request an extension for a submission deadline of your assessment, you need to meet the eligibility requirements.
Please refer to the assessment section in the Learning Management System for more information on late submission penalties, and requests for extensions.
Recommended learning and reading list
Textbooks
Atrill, P., & McLaney, E. (2018). Management accounting for decision makers (9th ed.). London: Pearson.
Miller-Nobles, T., Mattison, B., & Matsumura, E. (2018). Horngren's financial & managerial accounting: The managerial chapters (6th ed.). London: Elsevier.
Birt, J., Brooks, A., Chalmers, K., Maloney, S., Oliver, J. (2017). Accounting: business reporting for decision making (6th ed.). Milton, Qld: John Wiley & Sons.
Ross, S., Westerfield, R., & Jordan, B. (2015). Essentials of Corporate Finance (9th ed.). New York, NY: McGraw-Hill
Brealey, R. A., Myers, S. C., & Allen, F. (2014). Principles of corporate finance (11th ed.). New York, NY: McGraw-Hill.
Journals
Australian Accountant (Journal of ASCPA) Accounting Today
Behavioural Research in Accounting Foundations and Trends in Accounting Foundations and Trends in Finance Harvard Business Review
Journal of Accounting & Marketing Journal of Hotel & Business Management
Journal of International Accounting Research
Journal of Management Accounting Research Management Accounting Quarterly
Accounting, Organizations and Society
Advances in Accounting
Critical Perspectives on Accounting
Journal of Accounting Education
Journal of Accounting Literature
Management Accounting Research
Shleifer, A. and Vishny, R.W. (1997). A Survey of Corporate Governance. Journal of Finance, 52 (2), 737‐783.
Epstein, M., & Lee, J.Y. (2012). Advances in Management Accounting, Volume 21: Advances in Management Accounting.
Websites
Confederation of Asian and Pacific Accountants
Institute of Chartered Accountants in Australia
Additional facilities, equipment, software and other resources (if applicable):
Software
A computer with basic programs like MS Word, Excel and PowerPoint and Xero (accounting software) is required.
Equipment or hardware
No additional equipment or hardware
