Program Overview

Course Description

The course ACC3206 - Management Accounting B is a second-level management accounting course that expands on the knowledge gained from Management Accounting A. It includes an expanded view of an organisation to include its value chain and adopts a strategic focus, which are key components of the overall skills base of today's professional. The study of these management accounting tools and techniques is relevant not only in job readiness as a business graduate with an accounting major but also as a preparatory knowledge base in their respective professional year programs for a career in business.

Topics

The course covers the following topics:

• The role of Porter's generic strategies and Porter's 5 Forces in organisational responsibility centres' performance evaluation through value chain analysis
• Analysis of traditional and strategic costing information for business planning and control and evaluation (including discounted cash flow; outsourcing; pricing & product mix)
• Analysis for sustainable capital investment decision making, and problem solving
• Management accounting performance evaluation of an organisation's value chain members using financial & non-financial KPIs, Sustainability Balanced Scorecard and benchmarking techniques
• TQM quality control reporting & environmental quality cost reporting using business reporting techniques, and reflections on ethics in CSR/EMA

Availability

The course is available in the following locations and trimesters:

• Toowoomba: On Campus - Trimester 2
• Springfield: On Campus - Trimester 1
• Online: Online - Trimester 1, Online - Trimester 2

Enrolment Rules

The course has the following enrolment rules:

• Course Pre-requisites:
  • ACC2205: Management Accounting A
  • ACC2113: Management Accounting I
• Course Anti-requisite:
  • ACC3114: Management Accounting II

Learning Outcomes

Upon completion of this course, graduates will be able to:

1. Explain the role of strategy in business and ethical considerations of decision making as they relate to organisations and management accounting
2. Apply appropriate quantitative techniques, use traditional and strategic costing information for business planning and control
3. Apply the principles and procedures involved in analysing and managing an organisation's working capital requirements
4. Evaluate the performance of an organisation, its products, people, and business segments including the use of financial and non-financial performance indicators
5. Analyse data and information to prepare reports that support management decision making
6. Critically apply quantitative business and performance data to provide possible solutions to organisations
7. Justify and communicate data and strategic business information to specialists and non-specialists

Learning Resources

Students in ACC3206 should use the same textbook as ACC2205 Management Accounting A, in addition to resources provided within the course.

Program Level

The course is at the Undergraduate level.

Course Level

The course is at the 3000 – Bachelor Degree; Advanced Course and Assessment Level.

Student Contribution Band

The course is in Band 4.

Fees

Please refer to the Current Course Offer Guide for fee information.