Course overview
This course provides students with theoretical and practical knowledge of the application of accounting information to inform effective management decision making, and explores the role of accounting information in organisational management and leadership, business strategy, and business conduct. The aim of this course is topics covered in this course include understanding financial statements; cash flows and annual reports; ratios and financial analysis; contemporary issues in financial accounting; understanding costs, analysing cost behaviour, and costs of responsibility centres and products; budgeting and control; strategic profit management. These topics seek to demonstrate the ways in which accounting can be used as an effective tool for communication, monitoring, and resource allocation, and its central role in manager's decision making.
Course learning outcomes
- Critically reflect on theoretical and practice-based principles of how accounting information can be used to improve management performance and the impact this has on organisational management and leadership.
- Critically assess and evaluate the range of organisational factors that influence and are influenced by both financial accounting and management accounting.
- Apply accounting information to effective organisational management and leadership.
- Demonstrate UniSA Business Enterprise Skills: i) Problem Solving (advanced level); and ii) Written Communication (advanced level).