University of Wollongong - ACCY211: Management Accounting

The subject, Management Accounting (ACCY211) - develops an understanding of the use of management accounting information for product costing, planning and control and decision-making. Students will apply a variety of quantitative tools and techniques to communicate relevant information to management. In this subject, students will apply ICT to analyse data and evaluate information for the preparation of management reports.

✔ On successful completion of this subject, you will be able to: 

• describe the role and purpose of management accounting to form and implement strategy for planning and control;
• calculate product and service costs using traditional and contemporary costing methods;
• prepare detailed budgets and demonstrate an understanding of the control process and its role in the management of organisational resources;
• apply appropriate quantitative techniques to analyse cost behaviour and provide relevant information for decision making; and,
• apply ICT to analyse data and evaluate information for the preparation of management reports.