James Cook University Subject Handbook - 2023

CO5103 - Management Accounting

Subject Description

This foundation subject in management accounting focuses on the types of cost information that can be produced to assist managers and other employees within organisations in planning and control, and in decision making.

Learning Outcomes

• Describe cost behaviour under different assumptions and compare cost systems designed to provide relevant and timely information to managers for resource management and allocation decisions
• Apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with cost information for decision making
• Apply conventional and contemporary cost management techniques used in manufacturing and service industries
• Explain the benefits and limitations of contemporary cost management techniques
• Apply standard costing and budgeting techniques that enable managers to measure and control performance

Subject Assessment

• Written > Examination (centrally administered) - (55%) - Individual
• Written > Test/Quiz 1 - (20%) - Individual
• Written > Essay (including multi-draft) 1 - (25%) - Group & Individual

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.

Special Assessment Requirements

Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

Availabilities