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ACCT19060 Management Accounting
The concepts of managerial accounting covered in first-year accounting are expanded upon in the Management Accounting course. The course develops underlying concepts and applications of management accounting tools based on the traditional allocation approach and absorption costing method. The course develops concepts and applications o management accounting tools that are based on traditional allocation approaches and absorption costing methods. Students will be introduced to activity-based costing and its use to manage activities. Students will also get knowledge about theoretical and technical management accounting, exercise judgement, and employ critical thinking skills in applying concepts and tools of management accounting to solve problems, make and evaluate management accounting decisions.
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