|1.||NAME OF COURSE / MODULE||PERFORMANCE MANAGEMENT|
|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=lecture ;S=Seminar; P=Practical; O=Others (Exam)
|Total Guided and Independent Learning:
|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
· 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||
|16.||CONTENT OUTLINE OF THE COURSE/MODULE AND SLT PER TOPIC||
1. Young, S.M. (2011). Readings in Management Accounting, 6th Edition Ed. Pearson Publishing
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
MAC3033 | PERFORMANCE MANAGEMENT webmaster .