Advanced Management Accounting (11219.2)

This unit has been designed to enhance students' critical analysis, interpretation and problem solving skills; and to contextualise student learning in real world strategic management accounting practice. The unit deals with strategic issues in management accounting and in particular the contribution that accountants make in business to strategic planning and decision-making, management control, performance management and sustainability. The unit embraces wider strategic, inter-organisational, global and cross-cultural issues and it focuses on change and adaptation and value creation through knowledge production and innovation.

Learning outcomes

After successful completion of this unit, students will be able to:
1. Describe the changing role of management accountants, globalisation and the international convergence of management accounting;
2. Analyse the link between organisational structure, strategy and planning and management accounting and control systems;
3. Analyse the role of contemporary and innovative management accounting and control systems tools in organisational value creation;
4. Evaluate management control system attributes in realistic organisational settings, and recommend improvements to existing control systems; and
5. Critique the implications of sustainability performance measurement and reporting.

Graduate attributes

1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - evaluate and adopt new technology

Prerequisites

11213 Management Accounting

Corequisites

None.

Incompatible units

6253 Management Accounting PG.

Equivalent units

6395 Advanced Management Accounting.

Assumed knowledge

None.