James Cook University Subject Handbook - 2020

CO5131 - Strategic Management Accounting

Availability limited to students admitted to the Graduate Diploma of Advanced Accounting.

Subject Description

This subject covers material of direct relevance to the Strategic Management Accounting segment of the CPA Professional Program. The subject provides candidates with a detailed analysis of issues surrounding management reporting and processes. It highlights the management accounting tools and techniques of value chain analysis and project management which have become increasingly important in contemporary operational environments. Specific areas covered include: management accounting in the contemporary business environment; project managementt; performance measurement; strategic implementation.

Learning Outcomes

• explain and apply the strategic management process and organisational and industry value analysis to understanding value drivers, cost drivers and the reconfiguring value chains
• explain the role of performance measurement and control systems in value creation, strategy implementation and monitoring performance to improve strategies
• apply strategic management accounting tools and techniques to improve the contribution and sustainability of value-creating activities
• discuss the role of project selection, planning, monitoring and completion in strategy implementation
• evaluate how current international environments impact upon strategic management within a company context

Subject Assessment

• Invigilated > Other exams - (60%)
• Non-Invigilated > Assignments - (40%)

Note that minor variations might occur due to the continuous subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.

Availabilities