MBO5002 · Control, performance and accounting management

Overview

This unit explores contemporary practice of managerial accounting in light of an increasingly digital and dynamic business environment. It introduces the key concepts, frameworks, and theoretical foundations necessary for leaders without accounting backgrounds to work effectively with the organisation’s accounting professionals. Specifically, the unit introduces contemporary accounting practices to improve organisational performance, which is defined in increasingly broader terms by enlightened societies. To deepen and extend understanding, the unit introduces a series of forces - technological, social, environmental, economic, and geopolitical – which will shape the practice of accounting in the future. Informed with foundational knowledge and enlightened by future directions, this unit prepares leaders to understand the organisation’s accounting function in light of contributions it should make to strategic performance, today and in the future. As one of six operational knowledge units, it also provides ample opportunity to apply your learning to professional practice and build a portfolio of projects relevant to your career.

Offerings

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. demonstrate understanding and application of contemporary accounting theory, models and frameworks to work effectively with an organisation’s accounting professionals
2. evaluate the integration of digital advancements within an organisation’s accounting systems and management
3. examine the potential impact of technological, social, environmental, economic, and geopolitical forces on the future practice of accounting management.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 150 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.

Student experience, not official rules. Nothing here changes what the Handbook says.