ACCTING 3503 - Strategic Management Accounting

North Terrace Campus - Semester 1 - 2021

This course builds on material covered in Management Accounting (ACCTING 2500) and examines many of the current issues in management accounting. One of the primary objectives of this course is to develop students? analytical and problem-solving skills by using several case studies. It is assumed in this course that students have an appreciation and good understanding of the basic cost accounting concepts and techniques. Since the early 1990s, management accounting has been in the process of continual change. While some firms still use traditional methods of management accounting such as costing, performance measurement and cost analysis, an increasing number of firms are using innovative management accounting techniques such as activity-based costing, strategically oriented performance measurement systems and strategic cost analysis. This course deals with many of the present-day management accounting techniques. Moreover, it also considers the skills and competencies that management accountants should develop in order to take advantage of the many opportunities offered by the new management accounting techniques.

  • General Course Information
    Course Details
    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
    Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture
    Course Staff

    Course Coordinator: Dr Mahmud Al Masum

    Lecturer in charge: Sabiha Shaikh

    Course Timetable

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

  • Learning Outcomes
    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)
    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

    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:

    Recommended Resources

  • 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
    course matter.

    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.

    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, 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.

    Please refer to Access Adelaide for your timetable and enrolment details:
    Learning Activities Summary

    Lecture Schedule
    Strategic Management Accounting Semester 1 2021
    Readings are the chapters form theprescribed text book




    Week 1

    The Control Function

    Using the Case Method for Learning

    Chapter 1

    Week 2

    Control Alternatives

    Results, Action, Personal, and Cultural Controls

    Chaps 2 & 3

    Week 3

    Control Effects

    Control Tightness and Costs

    Chap 4 & 5

    Week 4

    Design and Evaluation of Control Systems

    Chap 6

    Week 5

    Responsibility Centres

    Chap 7

    Week 6

    Mid Semester Test


    Mid Semester Break

     Mid Semester Break

    Mid Semester Break

    Week 7

    Planning, Budgeting and Incentives

    Chap 8 & 9

    Week 8

    Financial performance measures, Myopic Problems

    Chap 10 & 11

    Week 9

    Uncontrollable Factors

    Chap 12

    Week 10

    Corporate Governance and Auditors

    13 & 14

    Week 11

    Ethical Issues


    Week 12

    Control for Not For Profit Orgs

    Chap 16

     SWOT Vac


     Exam Period


  • 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
    In order to pass the course students must achieve an overall mark of 50% and also at least 50% in the invigilated assessment (Mid-semester test and Final Exam combined).

    Assessment items

    Due Date

    Weight (%)

    Course Learning Outcomes

    Individual Assignment

    Friday, Week 11


     2, 3

    Mid-semester test – on line

    Week 6


     1, 2

    Class Participation




    Final exam – on line




    Assessment Related Requirements

    1. To pass this course, students must achieve an overall minimum grade of 50% as well as at least 50% in the invigilated assesment

    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 Detail

    Individual Assignment

    The individual assignment will be a case study. It will become available in the assignment section of the MyUni course website.
    Students will need to complete the assignment as a word document and then upload there file to the MyUni site. Late submissions will be penalised 10% for each day late. Submissions submitted after Wednesday, Week 12 without prior approval will not be marked.

    Mid-semester test

    ·        There will be a mid-semester test during week 6

    ·        The test will be on line during the designated week. It will cover the first five weeks of the course (Chapters 1 - 6). 

    ·        It may be a combination of both MCQ andpractical questions.

    Tutorial marks

    Tutorial marks will be based on students’ preparation and participation during. (Including students activity during on-line tutorials). Marks will be allocated to students based on their contribution to the overalldiscussion.

    The final exam will be a three hour exam and all lectures, tutorials and set readings are examinable. 


    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.

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