ACCTING 3503 - Strategic Management Accounting
North Terrace Campus - Semester 1 - 2023
General Course Information
Course Code ACCTING 3503 Course Strategic Management Accounting Coordinating Unit Accounting Term Semester 1 Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Prerequisites ACCTING 2500 Course Description This course aims to give an understanding of how management accounting and control mechanisms work to support organisations? strategies. It introduces control alternatives, performance management, corporate governance, business ethical issues for both business and not-for-profit entities. Overall, the course focuses on the control functions of management in light of organisations? strategic imperatives.
Course Coordinator: Mr David Joy
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning Outcomes
On successful completion of this course, students will be able to:
1 Explain how management accounting information is used in strategic decision making. 2 Illustrate the process of strategy formulation, communication, implementation and control within an organisation. 3 Explain how to integrate conventional and contemporary management accounting techniques into a strategic management accounting framework. 4 Solve practical and applied problems by using research papers and case study analysis.
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)
Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
Attribute 5: Intercultural and ethical competency
Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.
Attribute 6: Australian Aboriginal and Torres Strait Islander cultural competency
Graduates have an understanding of, and respect for, Australian Aboriginal and Torres Strait Islander values, culture and knowledge.
Attribute 7: Digital capabilities
Graduates are well prepared for living, learning and working in a digital society.
Attribute 8: Self-awareness and emotional intelligence
Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.
Merchant K. A., Van der Stede W. A, 2017 Management Control Systems – performance measurement, evaluation and incentives, 4th edition, Pearson.
This book can be purchased as either e-version or hard copy at:
Learning & Teaching Activities
Learning & Teaching Modes
This course is taught through:
· Online Lectures – to provide an outline of various concepts that are useful in applying in real-world problems.
· Tutorials – Tutorials will consist of case stadies designed to give opportunity for reflection on and the application of materials covered in lectures and to discuss issues relating to
Please check your student email and MyUni as course-related announcements are communicated via email.Consultation hours of the tutors will be advised on MyUni Course homepage.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.For this course, you are expected to commit approximately 9 hours to private study in addition to 3 hours of seminars, which is study outside of your regular classes. Students in this course are expected to attend all seminars each week.
Learning Activities Summary
Lecture schedule Week Topic Reading Week 1 The Control Function Chapter 1 Week 2 Control Alternatives
Results, Action, Personal, and Cultural Controls
Chapter 2 & 3 Week 3 Control Effects
Control Tightness and Costs
Chap 4 & 5 Week 4 Design and Evaluation of Control Systems Chapter 6 Week 5 Responsibility Centres Chapter 7 Week 6 Mid-semester test Week 7 Planning, Budgeting and Incentives Chapter 8 & 9 Week 8 Financial performance measures, Myopic Problems Chapter 10 & 11 Mid-semester break Week 9 Uncontrollable Factors Chapter 12 Week 10 Corporate Governance and Auditors Chapter 13 & 14 Week 11 Ethical Issues Chapter 15 Week 12 Control for Not For Profit Orgs Chapter 16
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Task Task Type Due Weighting Learning Outcome Mid Semester test (online) Individual Week 6* 10% 2 & 3 Individual Assignment (online submission) Individual Week 10* 15% 1 & 2 Class participation Individual Every week 5% 3 & 4 Final exam Individual 70% 1, 3 & 4
Assessment Related Requirements1. To pass this course, students must achieve an overall minimum grade of 50% as well as at least 50% in the invigilated assesments (mid-semester test and final exam).
2. The quality of English expression are considered to be integral parts of the assessment process for this course. Marks may be deducted in the Final Exam if markers are unable to understand answers due to incorrect use of language.
Assessment DetailMid-semester test
There will be a mid-semester test during week 6. The test may include short questions.
The individual assignment needs to be submitted at the MyUni course homepage. Detail of the assignment will be informed at the MyUni course homepage.
Tutorial marks will be based on students’ preparation and participation during tutorial classes.
This will be a two-hour exam. All lectures, tutorials and readings (relevant textbook chapters) are examinable.
No information currently available.
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.
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 (http://www.adelaide.edu.au/policies/101/) 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.
- Academic Support with Maths
- Academic Support with writing and speaking skills
- Student Life Counselling Support - Personal counselling for issues affecting study
- International Student Support
- AUU Student Care - Advocacy, confidential counselling, welfare support and advice
- Students with a Disability - Alternative academic arrangements
- Reasonable Adjustments to Teaching & Assessment for Students with a Disability Policy
- LinkedIn Learning
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangement Policy
- Academic Honesty Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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.