Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
ACS2770 or equivalent.
This unit builds upon the understanding, knowledge and skills developed in AFS2770/ACS2770 (Cost and management accounting A). The unit covers the theory, background and application of managerial decision making in respect of the following different types of decision making techniques: advanced cost-volume-profit analysis and sensitivity analysis, measuring relevant cost and revenues for decision making, complex activity based costing and management, advanced pricing decisions and profitability analysis, budgeting, advanced standard costing variance calculations, analysis and interpretation, performance management, cost estimation and cost behaviour and scarce resources.
The learning objectives associated with this unit are to:
Within semester assessment: 40% + Examination: 60%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.