Management Accounting

This course introduces student to the concepts of management accounting and how the management accounting is used in an organisation especially in decision making. Topics include cost accounting concepts, management control systems, budgeting, product and service costing. Students will become proficient in the evaluation the performance of an oganisation and the use of costing information for business planning.

Quick Info

  • Currently offered by Alphacrucis: Yes
  • Course code: ACC210
  • Credit points: 10
  • Subject coordinator: Philip Lee


The following courses are prerequisites:

Awards offering Management Accounting

This unit is offered as a part of the following awards:

Unit Content


  1. Explain the role and purpose of management accounting, including budgeting, product and service costing, control and performance evaluation, and strategic management accounting;
  2. Demonstrate an understanding of the budgeting process and its role in the management of organisations;
  3. Evaluate the performance of an organisation through the application of appropriate costing systems and management control systems;
  4. Use costing information for business planning and control;
  5. Identify and discuss contemporary developments in management accounting;
  6. Apply the principles and procedures involved in managing working capital;
  7. Prepare and analyse budgets and forecasts for management purposes, including appropriate variance analysis.

Subject Content

  1. Management Accounting and Product Costing
  2. Cost Behaviour
  3. Job Costing systems
  4. Process Costing systems
  5. Service Costing
  6. Accounting for Overhead costs
  7. Activity-Based Costing
  8. Cost-Volume-Profit analysis
  9. Extended C-V-P analysis
  10. Fixed and Rolling Budgets
  11. Flexible Budgets
  12. Performance Management Systems.

This course may be offered in the following formats

  • Face-to-Face
  • Distance / Global Online

Please consult your course prospectus or enquire about how and when this course will be offered next at Alphacrucis University College.

Assessment Methods

  • Online Exams (20%)
  • Group Assignment (15%)
  • Essay (15%)
  • Exam (50%)

Prescribed Text

Sivabalan, P., Sawyers, R., Jackson, S. & Jenkins, G. (2015). ACCT2 Managerial: Second Asia-Pacific Edition (2nd ed.). South Melbourne: Cengage Learning Australia.

Check with the instructor each semester before purchasing any textbooks