FIJI NATIONAL UNIVERSITY

COLLEGE OF BUSINESS, HOSPITALITY AND TOURISM STUDIES

SCHOOL OF ACCOUNTING

DEPARTMENTOF ACCOUNTING
PROGRAMME: POST GRADUATE DIPLOMA / MASTERS OF COMMERCE

LECTURER: Mr. Yogesh Nadan

OTHER LECTURERS: TBA

UNIT CODE: ACC804

TITLE: Advanced Management Accounting
MODE: Face to Face
TERM: Trimester
VENUE: Ba/Nasinu

LECTURES: Monday 5 7 pm (Ba); Thursday 6 8pm (Nasinu)

TUTORIALS: Monday 7 8 pm (Ba); Thursday 8 9pm (Nasinu)
LABS: n\a
CONSULTATION TIME Subject to my availability, students can OPENLY visit my office to discuss issues
relating to the course.
PREREQUISITE: The student must have completed Bachelor of Commerce or Bachelor of Accounting
or consent from HOD.

E-INFORMATION: All pertinent information relating to the course shall be posted on Moodle and emails.
Students are required to check emails regularly for communication from the lecturer.

TOTAL LEARNING HOURS: Contact Hours 36

Lectures 24
Tutorials 12
Labs/Workshops/Practicals 0
Indirect Contact Hours 12
Total Recommended Learning 48
Hours
Credit Points 20

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1.0 Welcome
I welcome you to this unit ACC804 Advanced Management Accounting and hope that you will find it enriching
and interesting

1.1 Course Description

The aim of this unit is to develop students understanding of strategic management accounting tools for cost control and
quality improvement such as Value chain analysis, ABC/ ABM costing, JIT, Target costing, Product life cycle costing ,
Quality cost report,TQM, Kaizen management and Benchmarking. Techniques such as Supplier management,
Customers profitability analysis and Competitors analysis are also examined in this course. Furthermore performance
evaluations are incorporating by using financial and non-financial measures and it is linked to an incentives system to
ensure goal congruence. Management accountant roles in project management are also explained to ensure the project
is successful from selection to completion.

1.2 Learning Targets/Outcomes

On successful completion of this course, students will be able to: Level Credits
1.2.1 Synthesize evolution strategic management accounting and management accounting
8 1
systems.
1.2.2 Demonstrate understanding of management control systems and its effectiveness to the 9 2
organization.
1.2.3 Generate an organizational value chain analysis to achieve competitive advantage. 8 2
1.2.4 Evaluate Traditional cost systems, Activity Based Cost systems and Activity-based 8 2
management (ABM).
1.2.5 Evaluate the relevance of AMT, JIT, Target costing and Product life cycle costing in todays 8 3
business environment.
1.2.6Generate a quality cost report and suggest cost minimization through TQM, Kaizen
9
management and Benchmarking process. 3
1.2.7 Evaluate performance through responsibility accounting and incorporating financial and 8 2
non-financial measurements.
1.2.8 Examine the importance of Supplier management, Customers profitability analysis and 9 2
Competitors analysis to create organizational value.
1.2.9 Synthesize different types of incentivessystemsand its ideal conditions for it to be effective. 8 1
1.2.10 Evaluate the management accountants roles in project management i.e. in project 9 2
selection, planning, monitoring, completion and review.

2.0 Resources
2.1 Text
2.1.1 Hoque, Z. (2003) Strategic Management Accounting, Concepts, Processes and Issues, 2nd Edition, Pearson
Education Australia.
2.1.2 Langfield-Smith, K., Thorne, H., and Hilton, R. (2006) Management Accounting: Information for Managing and
Creating Value 4e, Mcgraw Hill.
2.1.3 There is no single text for this unit. Students must read not only the references listed after each topic, but also
conduct their own independent research.

2.2 Supplementary Materials

Supplementary notes will either be given during the lectures or placed on class share.

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 3.0 Course Content and Reading References L T Labs/W
Week 1: Introduction to Strategic Management Accounting 24 12 0

1.1 Background on Strategic Management Accounting.

1.2 Understanding Management accounting systems.

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1:Langfield. K. (2008) Smith Strategic management accounting: how far have we come in 25 years?Accounting,
Auditing & Accountability Journal, Volume: 21(2).

Reading 2:Mohamed H and Abdelazim. M.H. (2005) The Role of Accounting Information in Organizations Strategic
Management, Journal of Economic and Administrative Sciences, Volume: 21(1).

Week 2: The Basics of Management Control

2.1 Management control Overview.

2.2 Types of Management Controls.

2.3 Effectiveness of a management control system.

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1: Sisaye. S. (2005)Management control systems and organizational development: New directions for managing work
teams, Leadership & Organization Development Journal, Volume: 26(1).

Reading 2: Tsamenyi. M and Cullen.J. (2010) Introduction to management controls and new organizational forms, Journal of
Accounting & Organizational Change, Volume: 6(1).

Week 3: Creating Organizational value

3.1 Value Creation.

3.2 Porters value-chain framework.

3.2 Organizational and Industry value chain.

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 No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1:Schiuma.G., Carlucci.D and Lerro.A. (2012) Managing knowledge processes for value creation VINE, Volume: 42(1).

Reading 2: Dobbs .M. E.(2014)Guidelines for applying Porter's five forces framework: a set of industry analysis templates,
Competitiveness Review, Volume: 24(1).

Week 4: Cost Accounting Systems and Management

4.1 Traditional costing systems.

4.2 Activity-based costing (ABC) and the use of ABC information.

4.3Activity-based management (ABM).

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1:Baines.A. (1992) Activitybased costing, Work Study, Volume: 41(2).

Reading 2: Hughes. A. (2005)ABC/ABM activitybased costing and activitybased management: A profitability model for SMEs
manufacturing clothing and textiles in the UK, Journal of Fashion Marketing and Management: An International Journal, Volume:
9(1).

Week 5: Advanced Manufacturing Technology, JIT, Target Costing and Product

Life Cycle Costing.

5.1 Advanced manufacturing technology.

5.2 Just-in-time (JIT) approach.

5.3 Target costing.

5.4 Product life cycle costing.

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1:Harber.D., Samson.D.A., Sohal.A.S and Wirth.A. (1990)Just inTime: The Issue of Implementation, International

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Journal of Operations & Production Management, Volume: 10(1).

Reading 2: Rattray.C.J., Lord.B.R and Shanahan.Y.P.(2007)Target costing in New Zealand manufacturing firms, Pacific
Accounting Review, Volume: 19(1).

Reading 3: Hoar.D.W. (1988) An overview of life cycle costing techniques, Property Management, Volume: 6(2).

Week 6: Revision Mid Trimester Examination

6.1 Revision

No of Lectures 1
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Week 7: Mid Trimester Break

Week 8: Quality Costing, TQM and Benchmarking

8.1 Prepare quality report.

8.2 Total quality management.

8.3 Kaizen management.

8.4 Various types of benchmarking.

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1: Choppin.J. (1995) Total quality management what isnt it?Managing Service Quality: An International Journal,
Volume: 5(1).

Reading 2: Tar. J.J. (2005)Components of successful total quality management, The TQM Magazine, Volume: 17(2).

Reading 3: Wittenberg.G. (1994)KaizenThe many ways of getting better, Assembly Automation, Volume: 14(4).

Reading 4: Hanman.S. (1997) Benchmarking Your Firm's Performance With Best PracticeThe International Journal of
Logistics Management, Volume: 8(2).

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 Week 9: Performance Measurements: Financial and Non-financial measures

9.1 Responsibility centres.

9.2 Financial performance measurement.

9.3 Non-financial measures.

9.4 Balanced scorecard.

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1: Kaplan. R. S. (2012)The balanced scorecard: comments on balanced scorecard commentaries, Journal of
Accounting & Organizational Change, Volume: 8(4).

Week 10: Creating and managing organizational value

10.1Supplier Management.

10.2 Customer profitability analysis.

10.3 Competitor accounting.

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1: Raaij. E. M. (2005) The strategic value of customer profitability analysis, Marketing Intelligence & Planning,
Volume: 23(4).

Reading 2: Anderson.S and Guilding.C. (2006)Competitorfocused accounting applied to a hotel context, International Journal
of Contemporary Hospitality Management, Volume: 18(3).

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 Week 11: Incentive Plans

11.1 Different types of incentives systems.

11.2 Ideal conditions for an effective incentive systems.

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1:Jeffrey.S.A., Dickinson.A.M and Einarsson.Y.F. (2013)The use of incentives in organizations, International Journal
of Productivity and Performance Management, Volume: 62(6).

Reading 2: Breunig.K.J., Aas.T.H and Hydle.K.M. (2014)Incentives and performance measures for open innovation
practices, Measuring Business Excellence, Volume: 18(1).

Week 12 &13: Project Management Accounting

12.1 Project Management overview.

12.2 Steps in Project Management.

13.1 Project Selection.

13.2 Project Planning.

13.3 Project Monitoring.

13.4 Project Completion & Review.

No of Lectures 2
No. of Tutorials 1
No of Labs/Workshops/Practicals 0

Reading 1:Rolstads. A., Tommelein. I., Schiefloe. P.M and Ballard .G.(2014)Understanding project success through analysis of
project management approach, International Journal of Managing Projects in Business, Volume: 7(4).

Reading 2: Czuchry.A.J and Yasin.M.M. (2003) Managing the project management process, Industrial Management & Data
Systems, Volume: 103(1).

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 Week 14: Revision and Project Work Assessment
14.1 Revision

No of Lectures 1
No. of Tutorials 0
No of Labs/Workshops/Practicals 0

4.0 Assessment
Component Weighting Due Date
Individual Assignment 10% Week 6
Mid Examination 20% Week 7
Group Assignment: Week 11
Assignment Write-up 15%
Assignment Presentation 5% Week 12
Final Examination 50%

(b) In order to pass this unit a student MUST obtain a minimum of 50% in the final examination as well as 50% overall. It is
highly recommended that students attend all lectures and tutorials.

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The following grading system will be used:
Letter Grade Scale:
Grade Marks Grade Point Average
A+ 90-100 4.33-5.00
A 85-89 4.00-4.27
A- 80-84 3.73-3.93
B+ 75-79 3.33-3.60
B 70-74 3.00-3.27
B- 65-69 2.67-2.93
C+ 60-64 2.33-2.60
C 55-59 2.00-2.27
C- 50-54 1.67-1.93
D+ 45-49 1.33-1.60
D 40-44 1.00-1.27
D- 35-39 0.67-0.93
E Below 35 0
DNQ Did Not Qualify 0
W Withdrawn from Unit 0
CT Credit Transfer 0
NV Null & Void for Dishonest Practice 0
I Results Withheld/Incomplete Assessment 0
X Continuing course 0
DNC Did Not Complete 0
CP Compassionate Pass 0
AEG Aegroate Pass 0
PT Pass Terminating 0
P Pass 0
NP Not Passed 0

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Dissatisfaction with Assessment
The academic conduct of the students is governed by the University Academic and Students Regulation (UASR). All
students must obtain a copy of the UASR from the FNU academic office and familiarize themselves with all academic
matters.

Should a student be dissatisfied with either the internal or external assessment, they can take the following steps to get
redress of their grievance.

Internal Assessment: The student can refer the work back to the unit coordinator for checking and reassessment.
Following this reassessment, if the student is still dissatisfied, the student may refer the work to the HOD. The HOD will
then appoint another lecturer to examine the work and result will then stand.

Final Exam: The student can apply for re-check of the grade as per the procedures laid down in the UASR.

Plagiarism and Dishonest Practice Regulations

Plagiarism is taking another person's words or ideas and using them as if they were your own. It can be either deliberate
or accidental. Plagiarism is taken very seriously in higher education. If even a small section of your work is found to have
been plagiarized, it is likely that you will be assigned a mark of '0' for that assignment. In more serious cases, it may be
necessary for you to repeat the course completely. In some cases, plagiarism may even lead to your expulsion from the
university.

Actions that constitute plagiarism

1. Downloading and turning in a paper from the Web including a Web page or a paper from an essay writing service.
2. Copying and pasting phrases, sentences, or paragraphs into your paper without showing a quotation and adding
proper citation.
3. Paraphrasing or summarizing a sources words or ideas without proper citation.
4. Including a graph, table or picture from a source without proper citation.
5. Getting so much help from a tutor or writing helper that the paper or part of the paper is no longer honestly your own
work.
6. Turning in previously written work when that practice is prohibited by your instructor.

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