Analysis for Competitive Advantage

Unit Code:HBC229N

Credit Points	Duration	Contact Hours	Campus	Prerequisite	Corequisite
12.5 Credit Points	One Semester or Term	36 Hours	Hawthorn, Sarawak	HBC228N Management Accounting for Planning and Control	Nil

Credit Points

Duration

Contact Hours

Campus

Prerequisite

Corequisite

12.5 Credit Points

One Semester or Term

36 Hours

Hawthorn, Sarawak

HBC228N Management Accounting for Planning and Control

Nil

Aims & Objectives:

At the completion of this unit, students will be able to:

Understand business strategy and reinforce the importance of the recording and reporting of information which facilitates strategic and operational planning
Understand the major practical and theoretical issues impacting on management’s use of accounting information for planning, control and decision making
Develop a framework for the critical assessment of the effect of accounting measures and techniques on managerial performance and decision making
Enhance their analytical and evaluative skills through exposure to business and management accounting concepts
Expand their written and verbal communication skills through assignment work and tutorial participation/presentation
Extend their research skills and foster teamwork as they work on their group assignment

Teaching Methods:

Lecture (1 hour), Tutorial (2 hours)

Lectures will increase students’ knowledge and understanding for planning, control and decision making in the business environment based on references to real world scenarios.

Tutorials require students to apply their knowledge to real world management accounting problems. Discussions will develop critical thinking and problem-solving skills and tutorial problems will enhance numeric skills while assisting students to develop structured explanations and arguments to accommodate multiple points of view (when necessary) before drawing some conclusions.

Assessment:

Test 15%; Tutorial Work 5%; Group Assignment 30%; Exam 50%; Hurdle Pass Rate 45% on final exam.

Generic Skills Outcomes:

The graduate attributes which relate to this unit help to produce graduates who are:

Capable in their chosen professional, vocational or study areas
Entrepreneurial in contributing to innovation and development within their business, workplace or community
Effective and ethical in work and community situations
Adaptable and able to manage change
Aware of local and international environments in which they will be contributing (eg socio-cultural, economic, natural)

Content:

Business Strategy and Competitive Advantage
Performance Evaluation: Financial and Non-Financial Measures
Balanced Scorecard
Absorption/Variable Costing and Inventory Management
Transfer Pricing and International Issues
Standard Costing and Flexible Budgets
Quality Management and Productivity Issues
Environmental Cost Management

Reading Materials:

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.