Units / ACF5955
ACF5955 · Management accounting
2026 Handbook6 credit pointsLevel 5Department of Accounting
Last checked: 23 Aug 2026 UTCOverview
This unit aims to develop your understanding of the concepts and techniques of management accounting, and skills in the use of management accounting techniques to communicate decision-useful information to management. The unit content includes costing terminology, cost accumulation and recording systems, costing methods for both manufacturing and service-based organisations, how management accounting information informs key product decisions such as pricing and product mix, and the design of budget systems.
Offerings
| Campus | Teaching period | Mode |
|---|---|---|
| Caulfield | First semester | Teaching activities are on-campus (ON-CAMPUS) |
| Caulfield | Second semester | Teaching activities are on-campus (ON-CAMPUS) |
Assessment
The Handbook lists an examination for this unit.
| # | Assessment | Type | Weight | Hurdle |
|---|---|---|---|---|
| 1 | 1 - Quiz / Test | Quiz / Test | 15% | — |
| 2 | 2 - Presentation | Presentation | 10% | — |
| 3 | 3 - Project | Project | 25% | — |
| 4 | 4 - Exercise | Exercise | 10% | — |
| 5 | 5 - Project | Project | 40% | — |
| 6 | 6 - Examination | Examination | 50% | — |
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Requisites
Learning outcomes
- apply management accounting principles and techniques to service and manufacturing industry cases
- compare, contrast and demonstrate various costing models
- design budgets and explain the behavioural aspects of different budgeting styles
- examine cost-volume-profit analyses, divisional performance evaluation measures
- develop capabilities to work effectively in a group; and/or demonstrate effective individual research skills to solve management accounting problems and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACF5955.
Workload
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
| Activity | Duration |
|---|---|
| Tutorials | 24 hours |
| Lectures | 12 hours |
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