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| Under Graduate Degree,Diploma,Advanced Diploma |
Semester module |
NQF level: 7 |
Credits: 12 |
| Module presented in English |
Module presented online |
| Pre-requisite: MAC2601 |
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| Purpose: To equip students with specific competencies in decision-making and control enabling them with the ability to evaluate, select and apply various management accounting techniques - displaying integrated knowledge. The module is designed to facilitate students' acquisition of these competencies through knowledge of and engagement in relevant Management Accounting topics at the forefront of the field; an understanding of the theories, methods and techniques relevant to the field; and an understanding of how to apply such knowledge in a particular context. Students learn how information is evaluated and used to control and improve business performance. The course syllabus includes the following main topics: Advanced behavioural aspects of cost; advanced concepts in costing systems; integrated planning and budgeting; standard costing; performance management in decentralised organisations; relevant decision making in various scenarios; price setting for internal and external purposes; advanced aspects of sensitivity analysis |