Management Decision Making and Strategy
PostgraduateTAS-BFA6122025
Course information for 2025 intake View information for 2024 course intake
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 13 July 2025
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Price from
- $3,128
- Upfront cost
- $0
- Loan available
- FEE-HELP available
Management Decision Making and Strategy
About this subject
Upon completion of this subject, the student should be able to:
- Critically analyse management and cost accounting theory and techniques, for business planning and control.
- Evaluate and critically appraise diverse ethical, environmental, social, and economic perspectives, to management decision making.
- Communicate and justify proposals, solutions and recommendations to support management decisions using industry relevant approaches.
- Overview of subject and the context of management accounting
- Different purposes of costs and determining how costs behave
- Cost volume profit analysis
- Estimating the costs of producing services, products and inventory
- Target costing, managing activities and managing capacity
- Activity based management and activity based costing
- Pricing, customer profitability and decision making
- Budgeting control, responsibility accounting and flexible budget variances
- Strategy formation and the balanced scorecard
- Quality, time and the balanced scorecard
- Measuring and reporting sustainability
- Performance measurement and incentive compensation
This subject was previously titled ‘Management and Cost Accounting'.
In this subject, we explore the key functions fulfilled by managerial and cost accounting. The primary purpose of managerial and cost accounting is to provide relevant information to managers within an organisation. Managerial accounting can be thought of as the informal language used within the organisation to facilitate planning, control, coordination and performance assessment. Decision contexts can vary from the broad strategic planning and resource allocation decisions made at corporate or divisional level, to the more specific cost and performance information necessary to monitor individual products, customers or segments.
Environmental management accounting (EMA) extends these principles by integrating environmental costs and benefits into the decision-making process. EMA enables organisations to assess the impact of their activities on the environment, optimise resource use, and incorporate sustainability into their performance measurement systems. The ultimate measure of success for both managerial and environmental accounting lies in their ability to improve internal decision-making through the relevance, quality, and timeliness of the information they provide, while also addressing environmental and sustainability goals.
- Oral Presentation (30%)
- Group Assignment: Case Study (35%)
- Individual assignment - written submission (15%) and oral submission (20%) (35%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-MPA-MAS-2025 - Master of Professional Accounting
- TAS-PFA-GDI-2025 - Graduate Diploma of Professional Accounting
Additional requirements
- Other requirements - Teaching Arrangement: Workshop recordings and interactive online webinars.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Master of Professional Accounting
PostgraduateTAS-MPA-MAS
Graduate Diploma of Professional Accounting
PostgraduateTAS-PFA-GDI