BUS301 Advanced Management Accounting

Unit outline

Important Update: Our aim is to provide you with an optimal learning experience, regardless of how this unit is delivered. Teaching will be delivered in line with the most current COVID Safe health guidelines.  This may include a mix of online and face-to-face.  Please check the learning management system for announcements and updates. Thank you for your flexibility and commitment to studying with Sydney Institute of Higher Education.
Enrolment modes: Year 3, Semester 1
Credit point(s): 12.5
EFTSL value: 0.125
Prerequisite: BUS109 Management Accounting 
Typical study commitment: Students will on average spend 10 hours per week over the teaching period undertaking the teaching, learning and assessment activities for this unit.
Scheduled learning activities: 4 timetabled hours per week, 6 personal study hours per week

Unit Description

Advanced levels of management accounting integrate accounting information with overall organisational objectives for management to make strategic decisions. This unit will further develop students’ knowledge previously learnt in management accounting. Students will learn how to utilise management accounting techniques and research skills to develop strategies and to assist in important decision making for the management of an organisation.

Unit learning outcomes (ULO)   

  On the successful completion of this units student will be able to:
ULO1 Explore the internal control methods to minimise business risks from a management accounting perspective.
ULO2 Investigate incentive strategies and remuneration systems within an organisation.
ULO3 Decide management accounting strategies in budgeting, planning and forecasting to achieve organisational goals.
ULO4 Evaluate organisational performance using financial and non-financial metrics and explore contemporary performance measurement tools.
ULO5 Set up short-term and long-term strategies congruent with organisational goals using management accounting techniques

Topics to be included in the unit

1. Strategic management accounting
2. Planning and decision making under risk
3. Management control
4. Cost information for decision making
5. Budgeting for decision making
6. Financial modelling
7. Cost analysis and estimation
8. Investment analysis
9. Performance management and operations: the balanced scorecard, incentive plans and measuring non-financial performance
10. Transfer pricing in decentralised organisations
11. Integrated financial and non-financial measures
12. Inter-organisational control


Assessment Description Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1: Group Assignment 20% 9
Assessment 2: Individual Assignment 20% 12
Assessment 3: Final Exam 60% Final exam week

The assessment due weeks provided may change. Your lecturer will clarify the exact assessment requirements, including the due date, at the start of the teaching period.