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Cost Management (ACCT20001)
Undergraduate level 2Points: 12.5On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Sujay Nair: sujay.nair@unimelb.edu.au
Semester 2
Antonius Jaeger: antonius.jaeger@unimelb.edu.au
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This subject explores the design and implementation of cost management systems in a variety of organisational contexts. As well as emphasising technical expertise in the development of these systems, this subject also considers the use of cost system information in management decision making, specifically for the purposes of effective management of organisational resources and the creation of customer and shareholder value.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Describe a range of cost behaviour patterns and estimate costs using a range of sophisticated cost estimation techniques
- Calculate product and service costs using a variety of costing systems and cost allocation techniques
- Describe the link between resource flows and activities
- Discuss the implications of resource flow patterns for the design of costing systems in a range of organisational contexts
- Explain techniques for the management of costs to facilitate the effective use of organisational resources
- Analyse and evaluate cost information for the purposes of making a variety of value-based decisions
Generic skills
- High level of development: problem solving; interpretation and analysis; synthesis of data and other information; evaluation of data and other information
- Moderate level of development: written communication; oral communication; team work; collaborative learning; application of theory to practice; critical thinking; receptiveness to alternative ideas
- Some level of development: use of computer software; accessing data and other information from a range of sources; statistical reasoning
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT10001 | Accounting Reports and Analysis |
Summer Term (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 11 April 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Mid-semester test
| During the teaching period | 25% |
Ongoing assessment (e.g., online quizzes)
| Throughout the semester | 10% |
End-of-semester examination
| During the examination period | 65% |
Last updated: 11 April 2024
Dates & times
- Semester 1
Principal coordinator Sujay Nair Mode of delivery On Campus (Parkville) Contact hours One 1.5-hour lecture and one 1.5-hour tutorial per week Total time commitment 170 hours Teaching period 27 February 2023 to 28 May 2023 Last self-enrol date 10 March 2023 Census date 31 March 2023 Last date to withdraw without fail 5 May 2023 Assessment period ends 23 June 2023 Semester 1 contact information
Sujay Nair: sujay.nair@unimelb.edu.au
- Semester 2
Principal coordinator Antonius Jaeger Mode of delivery On Campus (Parkville) Contact hours One 1.5-hour lecture and one 1.5-hour tutorial per week Total time commitment 170 hours Teaching period 24 July 2023 to 22 October 2023 Last self-enrol date 4 August 2023 Census date 31 August 2023 Last date to withdraw without fail 22 September 2023 Assessment period ends 17 November 2023 Semester 2 contact information
Antonius Jaeger: antonius.jaeger@unimelb.edu.au
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Breadth options
This subject is available as breadth in the following courses:
- Bachelor of Arts
- Bachelor of Biomedicine
- Bachelor of Design
- Bachelor of Environments
- Bachelor of Fine Arts (Acting)
- Bachelor of Fine Arts (Animation)
- Bachelor of Fine Arts (Dance)
- Bachelor of Fine Arts (Film and Television)
- Bachelor of Fine Arts (Music Theatre)
- Bachelor of Fine Arts (Production)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 11 April 2024