Related Course/s:

This is a prescribed unit of study in the Business Major/s. It may also be undertaken as a unit of study in any other Swinburne degree program, subject to the prerequisite and degree requirements.

Aims & Objectives:

To introduce students to the role of accounting in the planning and decision-making functions of the management process.

Teaching Methods:

This unit will be taught in a variety of modes including face to face, online, distance and blended modes. Delivery of this unit may be through a mixture of lectures, tutorials, laboratories, seminars and online.

Assessment:

Test 1: 15-20%
Test 2: 15-20%
Final Examination: 60-70%

Generic Skills Outcomes:

The teaching and learning approaches adopted in LBC202 encourage the development of the following key generic skills:
• teamwork skills
• analysis skills
• problem solving skills
• communications skills
• ability to tackle unfamiliar problems
• ability to work independently

Content:

Topics covered include:
• Basic cost concepts, cost-volume-profit analysis, cost allocation issues, budgeting, profitability analysis, and the analysis of costs for decision-making

• Throughout the unit students will be encouraged to:
• Utilise microcomputer-based techniques for solving problems.
• Focus on the relevance of accounting information to management information needs.
• To critically evaluate traditional management accounting theory and practice against the contemporary literature on activity-based costing and the new technologies.

Textbooks:

Recommended Reading:

References: