50113 NIA MANAGEMENT ACCOUNTING

Year	No.	Offer	Mode	Description			Cred. Pts
99	50113 	S1  	X 	NIA MANAGEMENT ACCOUNTING 	1.00

Contents

• Staffing
• Pre-requisite(s)
• Synopsis
• Objectives
• Topics
• Texts
• Recommended References
• Assessment Details
• Other Requirements

STAFFING:

PRE-REQUISITE(S)

Associate Level membership or above, of the National Institute of Accountants.

SYNOPSIS:

This   unit  focuses  on  an  analysis  of  the  behaviour  of  costs,
particularly as they influence and affect management decision  making.
The  unit reviews the process of budgeting (operational and financial)
as   an  aid  to  management  in  planning  and  controlling  business
activities.  Also  included is a study of the principles  of  Job  and
Process Costing systems, as well as various other facets of accounting
which support management decision-making.

OBJECTIVES:

Completion of this unit should enable students to:

1. understand the role of management accounting in the management
   process;
   
2. analyse and predict cost behaviour;
   
3. understand the advantages of an activity-based costing system;
   
4. prepare relevant cost information for management decision
   making;
   
5. prepare operating and financial budgets and appreciate the
   behavioural consequences of budgeting;
   
6. guide the development of standard costs and compute variances
   for management control reports;
   
7. describe cost flows and prepare job and process costing
   reports;
   
8. appreciate the problems and issues involved in segment
   performance evaluation and transfer pricing.
   

TOPICS:

 Description                                                    Weighting(%)

The  management accounting environment and cost flows  in             5.00
the ledger

Analysing and predicting cost behaviour                               5.00

The allocation of overhead costs to production/services               5.00

Job costing                                                           10.00

Process costing                                                       10.00

The budget process and operational budgeting                          10.00

Financial statement budgets and other budgeting issues                10.00

Standard costs and variance analysis                                  10.00

Reconciling actual results with budget and cost flows  in             10.00
a standard cost system

Cost-volume-profit analysis                                           10.00

Short-term Decision making                                            5.00

Segment performance evaluation                                        5.00

Transfer pricing                                                      5.00

TEXT and MATERIALS to be PURCHASED:

RECOMMENDED REFERENCE MATERIALS:

Moriarit, S, and Allen C.P, 1991, Cost Accounting, 3rd edn, John
Wiley and Sons.

Horngren C T, Foster G, and Datar S M, 1994, Cost Accounting - A
Managerial Emphasis, 9th edn, Prentice Hall.

Hansen D.R, and Mowe, M.M, 1997, Management Accounting, 4th edn.,
South Western.

Burch J G, 1994, Cost and Management Accounting - A Modern Approach,
West.

Langfield-Smith K, Thorne H, and Hilton R W, 1995, Management
Accounting: An Australian Perspective, McGraw Hill.

ASSESSMENT DETAILS:

No  *F/S Marks     Due        Description                              Wtg(%)    LBL WWW
1   S    100.00    END S1    2 HOUR EXAMINATION                        100.00    N   N

OTHER REQUIREMENTS:

1    Unit  weightings of topics should not be interpreted as  applying
     to  the  number  of  marks allocated to questions  testing  those
     topics in an examination paper.
2    Mechanised erasers, mobile telephones and other electronic  media
     are not permitted in exam venues.
3    The examination will be restricted.  Students will be allowed  to
     bring a quiet, battery-operated non-programmable calculator  into
     the  examination.   Dictionaries  are  NOT  to  be  used  in  the
     examination.   Students  ARE permitted to  write  during  perusal
     time,  but  only on the blue question paper and not the  computer
     answer  sheet.   Students are NOT permitted to  retain  the  blue
     examination paper.