Strategic management accounting is a key component of the overall skills base of today's professional accountant. This subject examines the management accountant’s role in dynamic organisations operating in the global business environment. In this role, the professional accountant engages with the organisation’s management team and contributes to strategy development and implementation, with the aim of creating customer and shareholder value and a strong competitive position for the organisation. The subject highlights the management accounting tools and techniques of value chain analysis and project management that have become increasingly important in contemporary operating environments. The subject includes discussions on the professional accountant’s responsibilities and judgment. Also discussed are investment evaluation and strategic business analysis in the context of assessing and responding to risk. Students are introduced to strategic management concepts.
|Unit name||Strategic Management Accounting|
|Faculty/School||College of Business & Economics
Tasmanian School of Business and Economics
|Discipline||Accounting and Corporate Governance|
|Available as student elective?||No|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
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|Study Period||Start date||Census date||WW date||End date|
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.
|LO1||highlight the role of strategic management accounting in supporting strategy development of an organisation|
|LO2||explain the strategic management process and organisational and industry value analysis to understand value drivers, cost drivers and the reconfiguring of value chains|
|LO3||explain the role of performance measurement and control systems in value creation, strategy implementation and monitoring performance to improve strategies|
|LO4||apply strategic management accounting tools and techniques to improve the contribution and sustainability of value-creating activities|
|LO5||discuss the role of project selection, planning, monitoring and completion in strategy implementation|
|Band||CSP Student Contribution||Full Fee Paying (domestic)||Field of Education|
|3||2020: $1,394.00||2020: $2,702.00||080101|
Fees for next year will be published in October. The fees above only apply for the year shown.
Please note: international students should refer to this page to get an indicative course cost.
BFA605 AND BFA612
1 x 2-hr lecture (wks 1-13), 1 x 1-hr tutorial (wks 1-12).
Online quizzes (30%), Presentation (20%), Examination (50%)
|Timetable||View the lecture timetable | View the full unit timetable|
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The University reserves the right to amend or remove courses and unit availabilities, as appropriate.