306-201 Cost Management

306-106 Business Process Analysis plus either 306-104 Accounting 1B or 306-108 Accounting Transactions and Analysis.

This subject explores the design and implementation of cost management systems in a variety of organisational contexts. As well as emphasising technical expertise in the development of these systems, this subject also considers the use of cost system information in management decision making, specifically for the purposes of effective management of organisational resources and the creation of customer and shareholder value.

• High level of development: written communication; problem solving; team work; interpretation and analysis; synthesis of data and other information; evaluation of data and other information.

• Moderate level of development: oral communication; collaborative learning; application of theory to practice; critical thinking; use of computer software; accessing data and other information from a range of sources; receptiveness to alternative ideas.

• Some level of development: statistical reasoning.

A 2-hour end-of-semester examination (60%), assignments of up to 2000 words in total (20%), tutorial preparation and participation (10%) and a 1-hour mid-semester test (10%). Satisfactory completion of this subject requires a 50% pass in the end-of-semester examination.

To be advised.