Course Title: Cost Analysis and Applications

Part A: Course Overview

Course Title: Cost Analysis and Applications

Credit Points: 12


Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

ACCT1064

City Campus

Undergraduate

615H Accounting

Face-to-Face

Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 2 2010,
Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 2 2016,
Sem 1 2017

ACCT1066

Hong Kong Management Associatn

Undergraduate

615H Accounting

Face-to-Face

Offsh 4 09

ACCT1067

Kolej Metropolitan

Undergraduate

615H Accounting

Face-to-Face

Offsh 3 09,
Offsh 1 10,
Offsh 3 10,
Offsh 1 11

ACCT1068

Singapore Inst of Management

Undergraduate

615H Accounting

Face-to-Face

Offsh 3 09,
Offsh 1 10,
Offsh 3 10,
Offsh 1 11,
Offsh 3 11,
Offsh1 12,
Offsh3 12,
Offsh1 13,
Offsh3 13,
Offsh1 14,
Offsh3 14,
Offsh1 15,
Offsh3 15,
Offsh1 16,
Offsh3 16,
Offsh1 17,
Offsh3 17

ACCT2160

RMIT University Vietnam

Undergraduate

615H Accounting

Face-to-Face

Viet2 2008,
Viet3 2008,
Viet1 2009,
Viet2 2009,
Viet3 2009,
Viet1 2010,
Viet2 2010,
Viet3 2010,
Viet1 2011,
Viet2 2011,
Viet3 2011,
Viet1 2012,
Viet2 2012,
Viet1 2013,
Viet2 2013,
Viet3 2013,
Viet1 2014,
Viet2 2014,
Viet3 2014,
Viet1 2015,
Viet2 2015,
Viet3 2015,
Viet1 2016,
Viet2 2016,
Viet3 2016,
Viet1 2017,
Viet2 2017

ACCT2242

Universitas Pelita Harapan

Undergraduate

615H Accounting

Face-to-Face

Offsh2 16

Course Coordinator: Dr Yesh Nama

Course Coordinator Phone: +61 3 9925 5896

Course Coordinator Email: yesh.nama@rmit.edu.au

Course Coordinator Location: Melbourne


Pre-requisite Courses and Assumed Knowledge and Capabilities

Assumed Knowledge
It is assumed you have an appreciation of fundamental accounting concepts and procedures.


Course Description

The aim of this course is to highlight and develop an understanding of cost and management accounting as a technical and social practice.  It provides you with an introduction to key cost accounting techniques and procedures used by accountants to produce cost information used to support operational and management decisions.

You will be assisted in developing skills for conceptualising cost and management accounting issues in a variety of organisational contexts.  You will be encouraged to develop practical skills in the area of absorption, marginal and activity based costing and their uses in operational and managerial decision making. 


Objectives/Learning Outcomes/Capability Development

Capabilities are included in the learning outcomes.


On the successful completion of this course you will be able to:

  1. Analyse case studies to identify instances that justify cost accounting as both a technical and social practice.
  2. Apply a selection of fundamental cost accounting techniques and methods to produce relevant cost information.
  3. Prepare reports that reliably communicate cost information as relevant for operational and managerial decisions.
  4. Refer to and apply cost information to analyse business situations and make appropriate organisational decisions.
  5. Apply cost and management accounting skills in a collaborative group context in different organisational contexts.


Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.


Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Blackboard. These may include topic notes and slides, a study schedule, assessment details, links to relevant internet information, readings and communication tools to facilitate collaboration with your peers and sharing of information.

Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT library website.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period.


Overview of Assessment

The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:

Assessment Task 1: 50%
Linked CLOs: 1, 2, 3, 4 and 5

Final Exam: 50%

Linked CLOs: 1, 2, 3, 4

Feedback will be provided throughout the semester in class and/or via online forums through feedback on cases / exercises.