​314 Management Accounting (Mil)

Cost accounting fundamentals: The accountants role in the organisation; an introduction to cost terms and purposes; cost-volume profit analysis; costing systems; activity based-costing and management.
Cost allocation: general cost allocation; cost allocation: joint products and by-products; allocation of support department costs, common costs and revenues; process costing.
Cost information for decisions and control: flexible budgets; standard costs; variances and management control and inventory costing and capacity analysis.
Cost information for decisions: determining how cost behave; decision making and relevant information; pricing decisions and cost management.

344 Management Accounting (Mil)

Tools for planning and control: income effects of alternative inventory costing methods, the master budget, responsibility accounting and relevance, cost and the decision process.
Cost information for decisions: determining how cost behave; decision making and relevant information; pricing decisions and cost management; strategy, balance scorecard and strategic profitability analysis.
Quantitative decision making: quantitative methods and the decision-making process, regression analysis and learning curves.
Quality and just-in-time: quality, time, and theory of constraints; inventory management, just in time, and backflush costing; spoilage, rework and scrap.
Investment decisions and management control systems: capital budgeting and cost analysis; management control systems, transfer pricing, and multinational considerations; performance measurements, compensation, and multinational considerations.

P Management Accounting (Mil) 314