UWA Handbook 2017

Unit details

ACCT5633 Accounting for Planning and Control

Credit 6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Content This unit covers three principal areas. The first is cost accounting fundamentals which includes an introduction to cost terms and cost accumulation systems. The second section is tools for planning and control which includes master budget, flexible budgets, variances and management control, inventory costing and capacity analysis. The last section is cost information for decisions and advanced topics in management accounting. Topics in this section include cost-volume profit analysis, decision making and relevant information, strategic cost, time, quality and inventory management and strategic pricing.
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; (2) undertake problem identification, analysis and problem-solving of routine accounting problems, acquire desk-based research skill through appreciation of, and familiarity with the current management accounting literature (e.g. balanced scorecard), 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 oral and written form; (4) demonstrate self management skills and the ability to effectively work independently and in team-based situations; (5) think and reason logically and creatively; (6) appreciate management and internal controls, ethical, cultural and social issues; and (7) develop familiarity with the concepts of strategy and balanced scorecard.
Assessment Typically this unit is assessed in the following ways: (1) team-based tests (readiness assurance tests); (2) collaborative learning assessment task; (3) individual report; and (4) final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s) Professor Vincent Chong
Unit rules
Prerequisites: ACCT5432 Introductory Financial Accounting
Contact hours lectures/seminars/workshops: up to 3 hours per week
Unit OutlineSemester 1 : http://www.unitoutlines.biz.uwa.edu.au/Units/ACCT5633/SEM-1/2017
Semester 2 : http://www.unitoutlines.biz.uwa.edu.au/Units/ACCT5633/SEM-2/2017

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