ACCTING 7014 - Management Accounting (M)

North Terrace Campus - Semester 2 - 2020

The course introduces students to contemporary management accounting concepts and techniques. Topics: the role of accountants in internal decision-making; tools used to design and develop costing systems; preparation of budgets and their role as a planning and control tool; other decision-making tools including CVP analysis, pricing decisions, inventory issues and costs of quality; fraud.

  • General Course Information
    Course Details
    Course Code ACCTING 7014
    Course Management Accounting (M)
    Coordinating Unit Adelaide Business School
    Term Semester 2
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Available for Study Abroad and Exchange Y
    Prerequisites ACCTING 7019
    Incompatible COMMERCE 7021
    Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture
    Course Staff

    Course Coordinator: Dr VG Sridharan

    Course coordinator and Lecturer:

    Name: Associate Professor VG Sridharan
    Location: Room 13.07, Nexus 13th Floor, 10, Pulteney Street
    Telephone: 8313 0730

    Course Website: 
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.


    Start date
    of the week



    Tutorial Questions 
    [will be announced shortly]

    1 27 July 1. Course Introduction
    2. Cost terms and purposes
    Course Profile
    Chapters 1 and 2
    2 3 August 1. What is cost allocation and why must we allocate?
    2. Conventional cost allocation approaches
    Chapter 15 

    3 10 August 1. Limitations of conventional approaches
    2. Activity-based cost allocation
    Chapter 15 &
    Chapter 5
    4 17 August 1. Job costing
    2. Process costing
    Chapter 4  
    Chapter 17 and 18
    5 24 August 1. Joint product costing
    2. By-product costing
    Chapter 16  
    6 31 August 1. Absorption costing
    2. Variable costing
    Chapter 9
    7 7 Sept 1. Cost behavior analysis
    2. Cost-volume-profit analysis
    Chapter 10 
    Chapter 3
    8 13 Sept 1. Concept of relevance
    2. Decision context analysis
    Chapter 11 

    Mid semester break 21 Sept- 4 Oct
    9 5 Oct 1.Customer account profitability analysis
    2. Pricing decisions
    Chapter 14 
    Chapter 13
    10 12 October 1. Master budgets
    2. Responsibility accounting
    Chapter 6 
    11 19 October 1. Flexible budgets
    2. Variance analysis
    Chapter 7  
    Chapter 8
    12 26 October 1. Introducing strategic cost management
    2. Course review
    Chapters 19 and 20
    SWOT/Exam 2 - 6 November
  • Learning Outcomes
    Course Learning Outcomes
    1. Explain the three primary purposes of management accounting namely, inventory valuation, decision support and cost control.
    2. Compare traditional and contemporary costing approaches for the above purposes.
    3. Learn how costs are analysed for different product costing contexts such as job-order, process or joint-product systems
    4. Develop and apply standards and budgets for planning and controlling purposes.
    5. Apply incremental analysis to a range of business scenarios.

    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Deep discipline knowledge
    • informed and infused by cutting edge research, scaffolded throughout their program of studies
    • acquired from personal interaction with research active educators, from year 1
    • accredited or validated against national or international standards (for relevant programs)
    Critical thinking and problem solving
    • steeped in research methods and rigor
    • based on empirical evidence and the scientific approach to knowledge development
    • demonstrated through appropriate and relevant assessment
    Teamwork and communication skills
    • developed from, with, and via the SGDE
    • honed through assessment and practice throughout the program of studies
    • encouraged and valued in all aspects of learning
    Career and leadership readiness
    • technology savvy
    • professional and, where relevant, fully accredited
    • forward thinking and well informed
    • tested and validated by work based experiences
    Intercultural and ethical competency
    • adept at operating in other cultures
    • comfortable with different nationalities and social contexts
    • able to determine and contribute to desirable social outcomes
    • demonstrated by study abroad or with an understanding of indigenous knowledges
    Self-awareness and emotional intelligence
    • a capacity for self-reflection and a willingness to engage in self-appraisal
    • open to objective and constructive feedback from supervisors and peers
    • able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
  • Learning Resources
    Required Resources

    The required textbook for this course is Horgren's Cost Accounting a Managerial Emphasis by Datar and Rajan, Pearson Publishers 16th Edition. 
    Students will need to purchase the text book containing the MyAccounting Lab application. Several options exist to purchase (or even rent for about 180 days) this book:

    1.  Print version with the My Lab Accounting electronic resource;
    2. E-book with the My Lab Accounting electronic resource or
    3. Just the My Lab Accounting (though this will not be the preferred option).

    The only purchase/rent option at this stage is through on-line. URL information for this is as follows:

    Recommended Resources
    Please see the relevant information on acquiring the textbook from the previous title on "Required Resources". Note that the textbook is actually mandatory because we will be using several exercises and work through several solutions as part of practice exercises in the class.
  • Learning & Teaching Activities
    Learning & Teaching Modes
    This course is taught through a seminar mode with one face-to-face class and another online class (both having the same contents and module structure):
    The whole 3-hour seminar comprises a mix of both short modules of theory or lecture components along with short application exercises that are solved through discussion and interaction in the class. 
    The same content will be uploaded for the online class and the online students are encouraged to participate in solving the application exercises in the online class as well.


    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that you are expected to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular classes.

    Students in this course are expected to attend all seminars through the semester.
    Please refer to Access Adelaide for your timetable and enrolment details:

    Both lecture content and application exercises are integral components of each 3-hour seminar class. The communication skills developed by participating in the application exercises are considered to be most important by the School and are highly regarded by employers and professional bodies.

    Learning Activities Summary
    The learning activities for this course comprises the following.
    1. Attending all the 12 seminar classes (either face-to-face or online).
    2. Participating in solving the application exercises during each seminar class.
    3. Studying outside the seminar classes for both lecture contents and application exercises.
    4. Fulfilling the assessment tasks online (quizzes, mid-semester test and final examination).
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    Assessment items

    Due Date

    Weight (%)

    Online MCQ Quiz 1

    August 16 
    Night 11.59 pm


    Online MCQ Quiz 2

    September 6
    Night 11.59 pm


    Timed Online Test

    October 4
    (more details will follow)


     Timed Final Online exam
    (Open Book)

     Exam period
    (more details will follow)


    Assessment Detail
    1. In order to pass this course students must achieve an overall minimum grade of 50% as well as at least 45% in the final exam.
    2. Any written assignment must be presented using the appropriate Microsoft program, i.e., MSWord, Excel, etc.
    3. Students in this course are not permitted to take a DICTIONARY (English or English-Foreign) into the examination
    4. The use of a non-programmable calculator incapable of storing text in the examination is permitted in this course.

    No information currently available.

    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy ( course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.