Related Course/s:

A unit of study in the Master of Practising Accounting.

Aims & Objectives:

Students will understand the nature of competitive strategy and the strategic management accounting tools and techniques to assist in formulating and evaluating business strategy. The emphasis will be on developing analytical skills and focusing on performance evaluation.

Teaching Methods:

A range of teaching methods will be used including lectures and class discussion of issues and problems.

Assessment:

Class participation 15%; Individual Assignment 25%; Group Assignment 25%; Individual Research Essay 20%; Group Presentation 15%.

Generic Skills Outcomes:

Graduates are capable in their chosen professional areas:

• Are informed and knowledgeable in the area.

Graduates operate effectively in work and community situations:

• Have the ability to work both independently and collaboratively.

Graduates are adaptable and manage change:

• Have multifaceted research and problem solving skills.
  

Content:

Topics covered include:

• Strategic Planning.
• Situation Analysis.
• Strategic Choice.
• Value Chain Analysis.  
• Strategic performance evaluation.
• Business Process Re-engineering.
• Target Costing.
• Managing Capacity and Theory of Constraints.
  

Reading Materials:

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