BUSN7031 Management Accounting and Cost Analysis

Offered By	School of Accounting & Business Info Systems
Academic Career	Graduate Coursework
Course Subject	Business
Offered in	First Semester, 2013, Second Semester, 2013, First Semester, 2014, and Second Semester, 2014
Unit Value	6 units
Course Description	This course provides students with an appreciation of management accounting concepts related to the management functions of planning, control, and decision making. The course introduces a range of management accounting tools, including job and process costing, variance analysis, activity based costing and the balanced scorecard. Students are introduced to the application of management accounting tools for pricing, budgetary control, cost allocation and performance evaluation as well as new developments in management accounting knowledge and techniques and how to assess these through cost-benefit analysis
Learning Outcomes	On satisfying the requirements for this course, you are expected to have attained proficiency in the following areas: be familiar with a range of management accounting tools, including; variance analysis, contribution margin analysis, activity analysis, cost estimation using regression analysis; know how to apply techniques associated with costing systems, cost management systems, budgeting systems and performance measurement systems; appreciate the need for a balance between financial and non-financial information in decision making, control and performance evaluation applications of management accounting; appraise the costs and benefits of different conventional and modern costing systems (e.g., absorption and variable costing, standard costing, activity based costing); and Learn within teams – to co-operate with team members, to assume leadership and to manage differences and conflicts.
Indicative Assessment	Mid-semester Examination 20% Team Case Study 20% Final Examination 60%
Workload	Students taking this course are expected to commit at least 10 hours a week to completing the work. This will include 3 hours per week in class and at least 7 hours a week on average (including non-teaching weeks) on course, reading, writing and assignment work.
Course Classification(s)	SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation. and TransitionalTransitional courses are designed for students from a broad range of backgrounds and learning achievements, which provide for the acquisition of generic skills; or an informed understanding of contemporary issues; or fundamental knowledge for transition to Advanced or Specialist courses.
Areas of Interest	Accounting and Commerce
Eligibility	At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree
Requisite Statement	Prerequisite: BUSN7008 Financial Statements and Reporting.
Incompatibility	Incompatible with BUSN2011 Management Accounting and BUSN8005 Project Accounting and Financial Management
Prescribed Texts	See Course Outline
Preliminary Reading	See Course Outline
Programs	Graduate Certificate in Accounting, Graduate Certificate in Accounting, Graduate Certificate in Accounting, Graduate Certificate in Accounting, Master of Business, Master of Business, Master of Business, Master of Business, Master of Commerce, Master of Commerce, Master of Professional Accounting, Master of Professional Accounting, Master of Accounting, and Master of Accounting
Other Information	For further information please refer to the course website
Academic Contact	http://cbe.anu.edu.au/courses/rsabis/BUSN7031

The information published on the Study at ANU 2013 website applies to the 2013 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2012 website.