Handbook

This course explores the link between management accounting information and strategic issues. Specifically, it focuses on how management accounting information facilitates: (1) the formulation and implementation of organisational strategy and (2) the evaluation of organisational strategy by focusing on four perspectives of strategic performance (i.e. shareholder perspective, customer perspective, internal process perspective and, learning and growth perspective).

In this course, strategy is defined as a process of converting tangible and intangible resources to actions that will enable the organisation to compete in its chosen product markets. This is achieved by creating unique value propositions for its customers and simultaneously balancing the needs of various stakeholders (i.e. shareholders, suppliers, community and environment, and employees).