Courses & Units

Strategic Management Accounting BFA743



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
Unit code BFA743
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting and Corporate Governance
Level Postgraduate
Available as student elective? No
Breadth Unit? No


Location Study period Attendance options Available to
Launceston Semester 2 On-Campus International Domestic


International students
Domestic students

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Key Dates

Study Period Start date Census date WW date End date
Semester 2 13/7/2020 10/8/2020 31/8/2020 18/10/2020

* 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.

About Census Dates

Learning Outcomes

LO1highlight the role of strategic management accounting in supporting strategy development of an organisation
LO2explain the strategic management process and organisational and industry value analysis to understand value drivers, cost drivers and the reconfiguring of value chains
LO3explain the role of performance measurement and control systems in value creation, strategy implementation and monitoring performance to improve strategies
LO4apply strategic management accounting tools and techniques to improve the contribution and sustainability of value-creating activities
LO5discuss 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.





Teaching Pattern

1 x 2-hr lecture (wks 1-13), 1 x 1-hr tutorial (wks 1-12).


Online quizzes (30%), Presentation (20%), Examination (50%)

TimetableView the lecture timetable | View the full unit timetable


  • Module topic notes – to be available on MyLO
  • Horngren, C.T., Datar, S., Rajan, M., Maguire, W., and Tan, R. (2018). Cost Accounting: A Managerial Emphasis, 3rd Edition, Pearson: Frenchs Forest
Co-op Bookshop links

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.