Accounting for Management Control and Decision Making focuses on the development of knowledge and skills in the application of management accounting to assist management in a range of strategic planning, control and decision-making situations.
Cost Management
Decision making under uncertainty
Management control systems including budgetary control
Pricing decisions
Target costing
Transfer pricing
Standard Costing and Variance Analysis
The Learning Curve
Performance Measurement and Control
Strategic management accounting including balanced score card
Limiting factors and the use of linear programming and shadow pricing
Application of relevant mathematical techniques in context of management accounting
Life –cycle costing
Back-flush accounting
Throughput accounting
Current Issues in Management Accounting
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Cost ManagementDecision making including under conditions of uncertaintyManagement control systems including budgetary controlPricing decisionsTarget costingTransfer pricingStandard Costing and Variance AnalysisThe Learning CurvePerformance Measurement and Control Strategic management accounting including balanced score cardLimiting factors and the use of linear programming and shadow pricingApplication of relevant mathematical techniques in context of management accountingLife –cycle costingBack-flush accountingThroughput accountingCurrent Issues in Management Accounting
Students will be exposed to formal lectures and will also engage in problem solving to apply the concepts introduced and to develop critical abilities. Formative feedback will be provided by assessing and discussing students solutions to assigned problems.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 80 |
| Other Assessment(s) | 20 |