1. NAME OF COURSE  / MODULE PERFORMANCE MANAGEMENT
2. COURSE CODE MAC3033
3. NAME(S) OF ACADEMIC STAFF  
4. RATIONALE FOR THE INCLUSION OF THE COURSE/MODULE IN THE PROGRAMME This course is designed to develop analytical ability in using management accounting information for strategic planning, performance evaluation and management control, incorporating motivational, behavioural and ethical considerations and Islamic perspectives. In addition, students are exposed to the contemporary role of management accounting in modern business environment.
5. SEMESTER & YEAR OFFERED Semester 6/Year3
6. TOTAL STUDENT LEARNING TIME (SLT) Face to face:

L S P O
16 25 3

L=lecture ;S=Seminar; P=Practical; O=Others (Exam)

Total Guided and Independent Learning:

120
7. CREDIT VALUE 120/40= 3.00 (3 credit); 2+2
8. PREREQUISITE (IF ANY) MAC2013 Cost Accounting

MAC3023 Accounting for Planning and Control

9. OBJECTIVES To develop students’ ability to analyse and synthesize management accounting information for strategic planning, performance evaluation and management control. The course incorporates motivational, behavioural and ethical considerations in the seminars. Students are exposed to critical thinking, decision-making and contemporary issues in management accounting through case analyses and projects. Communication and writing skills are enhanced via report writing and class presentation.
10. LEARNING OUTCOMES At the end of the course, learners will be able to:

1.     Describe the evolution of management accounting in business environment. (LO3-CTPS3;C3)

2.     Apply contemporary strategic management accounting techniques for planning, control and decision making purposes. (LO3-CTPS3; C3)

3.     Evaluate business performance using appropriate performance measures. (LO7-LL2; P3)

4.     Analyze behavioral and ethical considerations and issues in managerial strategic decision. (LO6-EM2, A3)

5.     Discuss current issues in strategic management accounting. (LO5-TS3; A3)

11. TRANSFERABLE SKILLS Student should be able to develop a good understanding on the evolution of management accounting, the contemporary management accounting techniques, performance management theories in several types of organization and current issues in management accounting practice through lectures, discussion and group assignment.
12. TEACHING-LEARNING AND ASSESSMENT STRATEGY Teaching-learning strategy:

·       Face to face interactions during lectures.

·       Seminar presentations

Suggested assessment:

·         Assignments, internal examinations

·         Presentation rubric

13. SYNOPSIS This course is an extension to Accounting for Planning and Control (HT3 = Management Accounting II) and conducted in a seminar format. The evolution of management accounting is discussed in details. Traditional and contemporary strategic management accounting techniques are analysed and evaluated in the context of business cases. Topics covered are generally at the advanced stage and include performance evaluation, management control, behavioural and ethical issue as well as recent development in management accounting. Behavioural aspects are given emphasis and students are expected to team-work and case discussions.
14. MODE OF DELIVERY Lecture, Seminar, SCL and presentation, Guest speaker from industry or site visit
15. ASSESSMENT METHODS AND TYPES
Component %
Continuous Assessments 40
Final examination 60
Total 100
16. CONTENT OUTLINE OF THE COURSE/MODULE AND SLT PER TOPIC
TOPIC Lecture Seminar Test/Quiz/Exam Assignment Assessment (Library Search) Self-study Total
Evolution of Management Accounting 3 1 4
Strategic Management Accounting 4 8 15 27
Managing Suppliers and Customers 2 4 10 16
Environmental Cost Management 1 2 5 8
Quality Cost Management 1 2 5 8
Challenges in Capital Expenditure Decision 1 2 5 8
Performance Management Systems 2 4 15 21
Incentive and Compensation System 2 4 10 16
FINAL 3 9 12
TOTAL 16 26 3 0 0 75 120
17. REFERENCES Main Reference:

1.     Young, S.M. (2011). Readings in Management Accounting, 6th Edition Ed. Pearson Publishing

Additional References:

1.     Bhimani, A. (2009). Handbook of Management Accounting, 5th Edition, CCH.

2.     Blocher, E.J., Stout, D.E., and Cokins, G. (2010). Cost Management: A Strategic Emphasis, 5th Edition, McGrawHill.

3.     Eldenburg, L.G., Brooks, A., Oliver, J., Vesty, G., and Wolcott, S., (2008). Contemporary Management Accounting, Wiley.

4.     Hopper T., Scapens R.W., and Northcott, D., (2007). Issues in Management Accounting, 3rd. Edition, Prentice Hall International, Second Edition.

5.     Langfield-Smith, K., Thorne, T., and Hilton, R., (2012) Management Accounting: Information for Creating and Managing Value, 6th Edition, McGrawHill.

6.     Ward, K., (1997). Strategic Management Accounting, Butterworth-Heineman