22753 Cost Management and Analysis
Management accounting information systems are one of the main decision-support systems in organisations. This subject introduces students to quantitative and qualitative techniques for the analysis of business operations using accounting and financial management measurement and analytical tools. This subject equips students with the skills and knowledge to design and use effective management accounting information for planning and controlling organisational activities.
Topics include forecasting revenues and costs, cost behaviour and cost-volume-profit analysis, business planning and cost control using budgeting and variance analysis. Data analysis and conversion to information products utilising information technology productivity tools is applied to practical 'real-life' decision situations confronting managers, paying particular emphasis on building sustainable organisations.
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