Overview
Introduction to management accounting. Topics include: basic terms and concepts, classification and behaviour of costs, recording product cost transactions for manufacturing firms, joint and by-product spoilage and waste, apportioning joint costs for multiple products, activity-based costing and information for management decisions.
Offerings
S1-01-PENINSULA-ON-CAMPUS
Requisites
Prerequisite
Prohibition
Rules
Enrolment Rule
Contacts
Chief Examiner(s)
Dr John Ko
Learning outcomes
On successful completion of this unit, you should be able to:
1.
describe cost behaviour under different assumptions
2.
compare systems designed to provide relevant and timely information to managers for resource management and allocation decisions
3.
apply conventional and contemporary cost management techniques used in manufacturing and service industries
4.
explain the benefits and limitations of contemporary cost management techniques
5.
apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with cost information for decision making and demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered by ACB2220.
Teaching approach
Enquiry-based learning
Active learning
Assessment
1 - Within semester assessment
2 - Examination
Scheduled and non-scheduled teaching activities
Lectures
Tutorials
Workload requirements
Workload
Learning resources
Required resources