A systematic and in-depth analytic treatment of management accounting topics that encourages the application of analytic reasoning and use of formal models to assist managers in decision making and control activities.
The course is intended to broaden students' appreciation of the role of management accounting techniques and applications in organisations. It builds on the student's existing management accounting knowledge and applies a systematic and in-depth analytic treatment of management accounting topics that encourages the application of analytic reasoning and the use of formal models to assist managers in decision making and control activities. It further expects to enhance students’ awareness of the contemporary management accounting practices in real-world business organisations and upskilling with data-driven strategic decision making.
Paper title | Management Accounting |
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Paper code | ACCT307 |
Subject | Accounting |
EFTS | 0.15 |
Points | 18 points |
Teaching period | Semester 2 (On campus) |
Domestic Tuition Fees (NZD) | $887.55 |
International Tuition Fees | Tuition Fees for international students are elsewhere on this website. |
- Prerequisite
- ACCT 222 and (ACCT 233 or ACFI 201)
- Schedule C
- Commerce
- Contact
- More information link
- For further information, please email accountancyfinance@otago.ac.nz.
- Teaching staff
- Paper Structure
The paper focuses on understanding and integrating strategic management and organisational behaviour theories into management accounting. It includes process costing, decision making under resource and capacity constraints, managing revenue through pricing, profits, and customer profitability analysis, managing performance in divisionalised organisations and MNCs, future challenges, and ethics. The course blends theoretical knowledge and analytical tools with real world experience by collecting and analysing relevant data and making data-driven strategic decisions.
This paper is taught through lectures, seminars, and executive workshops.
- Teaching Arrangements
- This paper is taught through lectures and seminars.
- Textbooks
Drury, C. and Tayles, M. (2021). Management and Cost Accounting (11th Edition), South-Western Cengage Learning
- Course outline
- View the course outline for ACCT 307
- Graduate Attributes Emphasised
Critical thinking, leadership and personal development, independent learning, communication skills, self-motivation
View more information about Otago's graduate attributes.- Learning Outcomes
This paper will build on the student's existing management accounting knowledge by:
- Carrying out costing and quantitative techniques at an advanced level
- Applying costing techniques in production and service firms
- Reviewing the literature that challenges the validity of traditional quantitative techniques as well as theoretical underpinning of contemporary strategic management accounting practices
- Applying and defending the appropriateness of techniques and analytical tools to the production/service and presentation of information for managerial decision making using real-world case studies
- Demonstrating the ability to acquire new knowledge and new skills, the capacity for self-directed activity, and the ability to work independently
- Understanding and integrating strategic management and organisational behaviour theories into management accounting
- Demonstrating leadership while working constructively, cooperatively, effectively, and respectfully with others [teamwork, lifelong learning, self-motivation] and acquiring personal qualities associated with leadership such as accountability, integrity, respect, and self-reflection
- Demonstrating the ability to analyse issues logically, challenge conventional assumptions, consider different options and viewpoints, make informed decisions and act with flexibility, adaptability, and creativity
- Demonstrating the ability to acquire new knowledge and new skills, the capacity for self-directed activity, and the ability to work independently
- Demonstrating effective oral presentation and written communication skills
Additional Information
Further information about teaching staff, tutorial times, assessment details, reading lists and learning objectives is available in the PDF below.
Download Course Outline for ACCT307 (PDF 231 KB)