Introduction
Management accounting is an essential unit for students studying the Accounting major in the Bachelor of Business. Students will apply techniques to support management decision-making in respect of product costing, variance analysis, inventory management, budgeting and forecasting. The unit emphasises the application of quantitative and qualitative techniques to analyse cost behaviour. Students will evaluate the performance of products and business segments by applying the processes and techniques of management accounting that focus on the effective and efficient use of organisational resources. In addition, students will also be introduced to environmental management accounting, exploring environmental costs and their impact on decision-making and resource allocation, as well as its influence on the design of performance measurement systems, with an emphasis on sustainability in management practices.
Summary
| Unit name | Management Accountability and Accounting |
| Unit code | BFA312 |
| Credit points | 12.5 |
| College/School | Tasmanian School of Business and Economics |
| Discipline | Accounting |
| Coordinator | Doctor Alia Alshamari |
| Available as an elective? | Yes |
| Delivered By | University of Tasmania |
| Level | Advanced |
Availability
Specific information on 2027 unit availability will be available in August
Learning Outcomes
- Explain and apply management accounting techniques for business planning and control.
- Identify and analyse behavioural accounting, ethics, social responsibility, and sustainability issues applicable to management accounting and decision making.
- Use professional written communication to report decisions and recommendations from management accounting information.
Fee Information
2027 fee information will be available in August.
Teaching
| Teaching Pattern | Introductory 1 hour workshop x 1; 2 hour workshop x 6; plus online content. Please refer to the timetable for dates, time and venue. |
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| Assessment | Case Study (30%)|Environmental, Social and Economic Evaluation (30%)|Exam (40%) |
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Mowen, M.M., Hansen, D.R., Heitger, D.L., Sands, J.S., Winata, L., and Su, S. (2019). Managerial Accounting, Asia-Pacific Edition, 2nd edition, Cengage Learning Australia Pty Limited, South Melbourne, VIC. Horngren, C. T., Datar, S. M., and Rajan, M., Maguire, W., Tan, R. (2017). Horngren’s Cost Accounting: A Managerial Emphasis, 3rd Australian Edn, Pearson Australia, Melbourne, VIC. |
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| Recommended | Mowen et al provides all the information you need; If you are having difficulty with Mowen et al, please consult your lecturer. If you wish to study beyond the confines of the text, refer to the references at the end of each chapter. |
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.