50113 NIA MANAGEMENT ACCOUNTING

Year	No.	Offer	Mode	Description			Cred. Pts
99	50113 	S3  	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 issues associated with cost allocation,
   particularly with respect to overhead costs and 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.
   

TOPICS:

 Description                                                    Weighting(%)

The management accounting environment and cost terminology            5.00

Cost Behaviour and Estimation                                         10.00

Cost-volume-profit analysis                                           10.00

Costing systems                                                       15.00

Cost allocation                                                       10.00

Process costing                                                       10.00

The budgeting process and responsibility accounting                   15.00

Standard costs and variance analysis                                  15.00

Information for the decision making process                           10.00

TEXT and MATERIALS to be PURCHASED:

NB Computer Hardware/Software requirements are set out in the
Introductory Booklet

RECOMMENDED REFERENCE MATERIALS:

Barfield, J.T, Raiborn, C.A., & Kinny, M.R., 1998, Cost Accounting:
Traditions and Innovations, 3rd edn, South-Western College
Publishing.

Horngren, C.T., Foster, G., Datar, S.M, Black, T., and Gray, P., 1996,
Cost Accounting in Australia - A Managerial Emphasis, 8th edn,
Prentice Hall.

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

Langfield-Smith, K., Thorne, H., and Hilton, R.W., 1998, Management
Accounting: an Australian Perspective, 2nd edn, McGraw-Hill.

ASSESSMENT DETAILS:

No  *F/S Marks     Due        Description                              Wtg(%)    LBL WWW
1   S    100.00    END S3    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 on the  examination
     paper  during perusal time. Students are NOT permitted to  retain
     the blue examination paper.