Course Title: Strategic Accounting for Management

Part A: Course Overview

Course Title: Strategic Accounting for Management

Credit Points: 12


Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

ACCT1109

City Campus

Postgraduate

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 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015

Course Coordinator: Ass. Prof. Robert Inglis

Course Coordinator Phone: +61 3 9925 5715

Course Coordinator Email:robert.inglis@rmit.edu.au


Pre-requisite Courses and Assumed Knowledge and Capabilities

You are required to be able to demonstrate the ability to comprehend and communicate information in accurate, clear, concise and coherent English. In addition, you are required to have an understanding of basic accounting principles, including the double-entry system of accounting, balance-day adjustments, inventory and depreciation accounting, transaction classifications and the three primary financial accounting statements.
 

This knowledge is developed in Financial Accounting and Business. You are accordingly strongly recommended to have successfully completed Financial Accounting and Business prior to enrolling in Strategic Accounting for Management.


Course Description

Strategic Accounting for Management aims to provide you with the opportunity to look at the concepts of management accounting as a system for recording, processing, reporting and analysing of information for costing and managerial decision making. It also aims to raise your awareness to the significant changes in manufacturing, service operations and the technology of information processing which have dramatically affected the environment and functions of management accounting systems. This course is designed to enable you to apply your academic learning to a contemporary workplace situation. The integration of work-based learning and academic learning, commonly referred to as Work Integrated Learning (WIL), will allow you to solve authentic business problems or address real issues faced in organisations.

If you are undertaking this course in Melbourne from semester 1, 2014 onwards your teacher will advise you if you require access to a computer for the course. It is recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus outside class times.


Objectives/Learning Outcomes/Capability Development


 


On completion of this degree you will have developed the capabilities to work as an accountant is a range of diverse organisations. You will further develop the skills and knowledge from your undergraduate studies throughout this program.

Your knowledge and skills to apply technical accounting and theories to accounting problems and make logical judgements will be developed through the study of a broad range of business disciplines and a specialised accounting major. You will develop your capabilities in knowledge, application, judgment and communication in the accounting discipline within a broad business context. You will develop your ability to critically reflect on your personal performance and abilities:
 

PLO1 Integrate theoretical and technical accounting knowledge which includes a selection of auditing and assurance, finance, economics, quantitative methods, information systems, commercial law, corporation law and taxation law.
PLO2 Exercise judgement under supervision to solve routine and complex accounting problems in diverse contexts using social, ethical, economic, regulatory and global perspectives
PLO3 Critically apply theoretical and technical accounting knowledge and skills to solve routine and complex accounting problems
PLO4 Justify and communicate accounting advice and ideas in diverse collaborative contexts involving both accountants and non-accountants
PLO5 Seek constructive feedback and reflect on performance to identify and action learning opportunities and self-improvements and initiate this process for others
 

In this course you will :

-  demonstrate creativity and initiative to new situations in professional practice and/or for further learning (A1, PLO1,3)

- plan and execute a substantial research- based project, capstone experience and/or piece of scholarship (A3, PLO5)

- develop communication and technical research skills to justify and interpret theoretical propositions, methodologies, conclusions and professional decisions to specialist and non-specialist audiences (S4, PLO4)

- develop a body of knowledge that includes the understanding of recent developments in the accounting discipline and area of professional practice (K1, PLO2)


Overview of Learning Activities

To achieve the objectives listed above this course requires you to participate in various learning activities. These activities comprise the following:
• preparation for, attendance at and participation in scheduled seminars, workshops and laboratory sessions
• preparation for classes will include reading reference material, completion of topic questions and preparation of case studies
• learning will be centred on discussion seminars, practical workshops and computer laboratory classes.

You will be involved in a major project where you will be required to work in an effective team situation. Class demonstrations, reading, discussion and case studies will support these practical activities. The learning experience will be supported by a number of electronic resources. It will also provide you and your class with the opportunity to receive industry feedback on your learning activities or assessment tasks.
 


Overview of Learning Resources

You will be advised of the prescribed text for this course and other reading materials upon enrolment.
Information will also be provided online using the Learning Hub. This gives access to important announcements, staff contact details, the teaching schedule, assessment timelines and a variety of important teaching and learning materials. 
 


Overview of Assessment

The assessment for this course may consist of a combination of report and assignment writing, major projects, group work, oral and written presentations, completion of a test and completion of an examination.
In order to pass the course you must obtain a mark of at least 50% of the available marks.