22421 Management Decisions and Control

Requisite(s): 22321 Cost Management Systems OR 223210 Cost Management Systems

These requisites may not apply to students in certain courses.

There are also course requisites for this subject. See access conditions.

This subject introduces the use of management accounting information to support managerial decisions and control various aspects of an organisation. It emphasises decision and control issues in a contemporary environment and introduces appropriate decision and control concepts, techniques and skills such as short- and long-term operational decisions, target costing and life-cycle costing, inventory management and just-in-time, responsibility accounting systems, transfer pricing, performance evaluation systems, and the behavioural impacts of management control systems. It also emphasises the ways in which accounting information can be used to understand and make decisions about the operational and strategic management of an organisation, and to control the implementation and ongoing management of such decisions.