ACCT2112 Management Accounting

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Semester 1AlbanyFace to face
Details for undergraduate courses
  • Level 2 core unit in the Accounting major sequence
  • The area of knowledge for this unit is Management and Commerce
  • Category B broadening unit for students
  • Level 2 elective
Content
This unit provides an introduction to the role of cost accounting in organisations. It focuses on the fundamental tools and approaches used for classifying and assigning the various types of costs incurred in an organisation. Tools for planning and control (including master budget, flexible budgets and variances), and cost information for decisions (including cost behaviour, decision making and relevant information) are also studied.
Outcomes
Students are able to (1) describe the role of the management accountant in the organisation; (2) analyse cost terms and cost estimates in costing systems, including in job order costing and activity-based costing systems; (3) apply cost-volume-profit analysis techniques in decision making; (4) develop operating budgets and supporting schedules for the purpose of variance analysis, including direct cost and overhead cost variances; (5) critically analyse relevant information, including pricing information, in decision making; and (6) demonstrate ability to work in teams to develop a clear and concise written report, with supporting schedules, based on a case study containing management accounting information, for both accounting and non-accounting audience.
Assessment
Indicative assessments in this unit are as follows: (1) tutorial 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 Coordinator(s)
Dr Thanes Subraamanniam (Semester 1), Dr George Shan (Semester 2)
Unit rules
Prerequisites:
ACCT1101 Financial Accounting
Incompatibility:
ACCT1112 Management Accounting
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
Unit Outline
Semester 1-2020 [SEM-1-2020]
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • 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 via the Booktopia Textbook Finder, which has the functionality to search by course code, course, ISBN and title, and may also be posted or available at the appropriate school's administrative offices. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.