Course Outline 2016
ACCTG221: COST & MANAGEMENT ACCOUNTING (15 POINTS)
Semester 1 (1163)
Course Prescription
Budgets and standards, costing systems, cost information for decision-making and
control, performance appraisal, and contemporary related issues.
Programme and Course Advice
Prerequisite: ACCTG 102 or 192 Restriction ACCTG 291
Goals of the Course
The aim of this course is for students to understand and use cost and management
concepts and techniques in manufacturing and service organisations.
Learning Outcomes
By the end of this course it is expected that the student will be able to:
1. Understand the different cost accounting systems and how they account for
product costs;
2. Relate revenue and cost management concepts and techniques to particular types
of organisation structures
3. Identify appropriate information for planning and decision making
4. Understand and apply management control techniques in organisations.
Content Outline
Introduction and Master & flexible budgets
Variance analysis
Cost volume profit analysis & Sale mix variances
Strategy analysis and pricing decisions
Process and batch costing, Spoilage, rework and scrap
ABC systems
Job costing
Allocation of service-department costs
Capital budgeting
Transfer pricing and Inventory Management
Decision Making and Relevant Information, and Theory of constraints
Note: some of these topics may overlap between weeks
Learning and Teaching
Lectures: 3 hours per week for twelve weeks.
Help centre: 2 hours per week for twelve weeks
Teaching Staff
Course Coordinator and lecturer:
Dr Davood Askarany
Office: 5109 OGG Building
Tel: 373 7599 (ext) 85785
Email: d.askarany@auckland.ac.nz
Lecturer
Dr Sharlene Sheetal Biswas
Office: 5113 OGG Building
Tel: 373 7599 (ext. 85356)
E-mail s.biswas@auckland.ac.nz
Help/Clinic:
Ramona Zharfpeykan
Email: rzha337@aucklanduni.ac.nz
Learning Resources
Prescribed text: Horngren, C.T., Datar, S.M., and Rajan, M.V.(2015). Cost Accounting: A
Managerial Emphasis. 15th edition, Pearson, (Global edition).
The main source of information and assignments is the textbook and its website
resources (MyAccountingLab: http://myaccountinglab.mathxl.com/login_malintl.htm).
Other texts: There are useful texts in the short loan collection in the library. Consult the
Voyager page of the Library web page to find out which materials are in the short loan
collection. There are also many useful management accounting texts on the library
shelves, other texts are also a source of additional worked examples.
Assessment
Assignments (2)
20%
Term test (1)
Final examination (2 hours)
25%
55%
To pass this course you must obtain at least 50% in the final examination. 'Plussage'
does not apply to this course.
Learning Outcomes
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Assignments
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Term Test
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Final Exam
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