ACCT3203 Contemporary Managerial Accounting

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Details for undergraduate courses
  • Level 3 option in the Accounting major sequence
  • Category B broadening unit for students
  • Level 3 elective
Content
This unit focuses on the strategic aspects of management planning and control for profit seeking firms and examines the contribution management accounting makes in setting and maintaining organisational direction. Topics include the development of performance measurement and evaluation systems within decentralised firms; the use of financial and non-financial performance measures for evaluating business unit performance; pricing intra-organisational exchanges; the cost allocation problem; and contemporary topics such as strategic cost management, customer profitability analysis and investment in new technology.
Outcomes
Students are able to (1) appreciate how management accounting information assists managers to make effective planning and controlling decisions through in-depth knowledge of management accounting concepts and techniques; (2) undertake problem identification, analysis and problem solving of routine accounting problems and familiarity with the preparation of a spreadsheet software program (e.g. Microsoft Excel) through a collaborative learning project; (3) communicate clearly, concisely and logically in English, both in oral and written forms; (4) demonstrate the ability to effectively work independently and in team-based situations; and (5) think and reason logically and creatively.
Assessment
Typically this unit is assessed in the following ways: (1) tutorial attendance and participation; (2) group assignment; and (3) examinations. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit rules
Prerequisites:
ACCT1112 Management Accounting;
or
ACCT2112 Management Accounting
Incompatibility:
ACCT2203 Contemporary Managerial Accounting
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
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  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.