Course Title: Management Accounting and Performance Evaluation

Part A: Course Overview

Course Title: Management Accounting and Performance Evaluation

Credit Points: 12.00


Course Coordinator: Sarath Lal Ukwatte Jalathge

Course Coordinator Phone: +61399255763

Course Coordinator Email: sarathlal.ukwattejalathge@rmit.edu.au

Course Coordinator Location: Building 80

Course Coordinator Availability: By appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study

It is required that you complete the following courses before undertaking this course:

  • 054377 Business Decision Making
  • 054376 Understanding the Business Environment 


Course Description

Management Accounting Decisions and Performance Evaluation will provide you with insights into the nature of management accounting and how different stakeholders use management accounting information for decision making purposes. In understanding how management accounting operates, students in this course are provided with the fundamental budgeting and performance evaluation skills necessary to operate a business or a business unit, along with understanding why other stakeholders make the decisions they make. This course is designed to provide you with the management accounting knowledge and skills necessary to make well informed business and accounting decisions. This includes ethical insights for performance evaluation, operational budgeting and strategic investment appraisal. It will also introduce you to various techniques for internal management reporting to facilitate these decision-making practices.


Objectives/Learning Outcomes/Capability Development

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

CLO1. Apply management accounting principles and techniques to understand the effect of budgeting on business operations.

CLO2. Apply management accounting internal reporting principles and techniques to communicate results about business operations.

CLO3. Apply ethical decision-making models to solve business dilemmas arising from business operations.

CLO4. Apply multidimensional performance evaluation techniques for management control purposes. 5. Apply data analytical techniques for management accounting reporting, business planning and decision making.


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. Learning activities include: face to face workshops, use of online materials and resources, debates, case studies, applied research on current issues, guest speakers and completion of weekly work.


Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies/Canvas. The lecture notes and workshop notes are posted on Canvas. RMIT Library provides extensive resources, services and study spaces. You have access to scholarly resources including course related material, books, e-books, journals and databases. Computers and printers are available at every Library. You can access the Internet and Library e-resources. You can also access the RMIT University wireless network in the Library. Contact: Ask the Library for assistance and information on Library resources and services: http://www.rmit.edu.au/library. Study support is available for assistance with assignment preparation, academic writing, information literacy, referencing, maths and study skills. 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: 20%
Linked CLOs: 1, 2, 3

Assessment Task 2: 40%
Linked CLOs: 1, 2, 3, 4

Assessment Task 3: 40%
Linked CLOs: 1, 2, 3, 4, 5

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.