Strategic Cost Management

Course aim

Strategic Cost Management seeks to provide specialisation-level knowledge to accountants and financially motivated general managers on the role of the management accounting in complex modern industrial organisations The course includes the discussion of management control systems, costing systems and activity based costing, activity management, and implementation issues in modern costing systems. The course is designed to prepare students for careers as professional accountants.

Course content

Management Control Systems, Lean Manufacturing and Quality Control, Cost Accounting and Cost Management in a Lean Environment, Life Cycle Costing Systems, Benchmarking, Activity Based Cost Allocation Systems, Customer Profitability Analysis, Process Control and Activity Based Management, Implementing Cost Analysis and Control Systems, Strategic Performance Management Systems, Emerging Issues 1: Triple Bottom Line Accounting and Carbonomics, Emerging Issues 2: Governance, Empowerment and the Strategic Audit.

Textbook(s)

Nil

Prerequisite(s)

ACCT 5016 Management Accounting M, or equivalent

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Seminar	19 hours x 2 blocks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Class participation, Group assignment, Written examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.