EDITH COWAN UNIVERSITY 
ACC2360 - Managerial Accounting
Comprehensive Revision Guide and Course Notes 2024 
 
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Edith Cowan University

Edith Cowan University - ACC2360: Managerial Accounting

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ACADEMIC YEAR 2023 - 2024

University	Edith Cowan University
Study Level	Undergraduate
Unit Code	ACC2350
Unit Name	Cost Accounting
Notes Title	Comprehensive Revision Guide and Course Notes
Page Length	119

Conquer ACC2360: Cost Accounting at Edith Cowan University with confidence! This all-in-one revision guide and course notes package provides everything you need to excel. Packed with clear explanations of key concepts, highlighted summaries of lectures and tutorials, and easy-to-remember facts, these notes ensure you won't face your exam unprepared. Use them as a reference to solidify your understanding, boost your grades, and walk into the test knowing you have everything covered.

Edith Cowan University's ACC2360 - Managerial Accounting unit explores how managerial accounting aids in strategic and operational decision-making for organisations. By developing skills in planning, control, and data analysis, students gain the ability to identify relevant financial and non-financial information. This unit also fosters critical thinking, problem-solving, communication, and teamwork - all essential for accounting professionals in domestic and international companies across both private and public sectors. To enroll, students must have completed ACC2250 and ACC2350. Upon completion, students will be able to apply managerial accounting concepts, analyse decision-making tools, critically evaluate practical issues, and understand the role of managerial accounting within the broader management function, all while developing strong communication skills to effectively discuss these concepts.

✔ Key areas of study:

Managerial Accounting in context
Strategy, strategy implementation and the Balanced Scorecard. Applying Balance Scorecard concepts: organisational sustainability using quality, time and cost as competitive tools
Master budget, flexible budgeting, and variance analysis
Relevant information for strategic and operational decision making process
Management control systems, decentralisation and transfer pricing
Applying theory of constraints to manage bottleneck operations
Analysis and decision models for product pricing
Capital investment decision making process
Performance measurement and executive compensation

UNIT CODE	UNIT NAME
ACC1100	Accounting I
ACC2250	Accounting II
ACC2350	Cost Accounting
ACC2700	Financial Reporting Standards
ECF1110	Economics I
ECF1120	Finance I
ECF2210	Capital Markets
ECF2222	Corporate Finance
ECF2226	Investment Finance
ECF3120	Financial Modelling
ECF3312	Financial Institutions Management
LAW1100	Legal Framework I
LAW2410	Income Tax Framework II
MAN1100	Management
MKT1600	Marketing Principles and Practices
MKT2605	Promotional Marketing
SBL1300	Business Environments and Markets
SBL1400	Introduction to Business Analytics

Edith Cowan University - ACC2360: Managerial Accounting

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