Management Accounting - ATAX0059

Faculty: Australian School of Business

School: Australian School of Taxation and Business Law

Course Outline: ATAX0059 Course Outline

Campus: ATAX Campus

Career: Undergraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 0

Enrolment Requirements:

Prerequisite: ATAX0010

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

Description

Management accounting systems are designed to provide managers in all types of organisations with information to assist them in decision making, planning and control. This course addresses how management accounting provides information to meet the organisation's and manager's compliance, control and competitive support needs. The goals of this course are to acquaint students with the fundamentals of management accounting, and to permit students to analyse the impact of choices that are made in the design, implementation and operation of management accounting systems.


Recommended Prior Knowledge


ATAX0010 Accounting 2 is a prerequisite for this course.

Course Objectives


Having completed this course, students will:
  • Understand the fundamentals of management accounting
  • Have a working knowledge of a variety of management accounting technologies available to address organisational issues
  • Appreciate the differences and linkages between management and financial accounting
  • Be competent in a variety of product costing systems and appreciate their uses and limitations
  • Understand the role of budgets in organisational functioning and be able to prepare a set of operating budgets and a master budget
  • Prepare segment performance reports and evaluate segment performance and related issues
  • Analyse interdependencies using your understanding of cost allocation and transfer pricing techniques
  • Prepare budget reports for assessing cost performance
  • Analyse the behavioural effects of budgetary processes, including both functional and dysfunctional effects flowing from the use of accounting controls.

Main Topics


  • An overview of management accounting
  • Cost concepts, behaviour and analysis
  • Product costing systems
  • Accounting information and decision making
  • The master budget
  • Performance management

Course Texts


Textbook lists for ATAX courses will be available from the UNSW Bookshop from 1 February for Semester 1 courses and from 1 July for Semester 2 courses.