units

AFW3021

Faculty of Business and Economics

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Monash University Handbook 2011 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedBerwick Second semester 2011 (Day)
Gippsland Second semester 2011 (Day)
Sunway First semester 2011 (Day)
Sunway Second semester 2011 (Day)
Peninsula Second semester 2011 (Day)

Synopsis

Topics include the budget planning process including master budget preparation, budgeting standard costs and variance analysis, responsibility accounting, management by objectives and non-financial performance measurement, divisional performance, transfer pricing issues, program budgeting and other approaches, capital budgeting, strategic planning and control.

Objectives

The learning goals associated with this unit are to:

  1. apply traditional and contemporary performance measurement and control techniques to enable managers to measure and enhance organisational performance
  2. analyse and make recommendations regarding the design of performance measurement and control systems
  3. explain how behavioural implications are crucial for the effective design of performance measurement and control systems
  4. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with performance measurement and control and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFW3021.

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Chief examiner(s)

Kalai Kuppusamy

Contact hours

3 hours per week

Prerequisites

Students must have passed AFG2020 or AFW2020 before undertaking this unit.

Prohibitions

AFC3131, AFF3431, AFG3021