ACCTN203 Accounting for Organisational Control

ACCTN203-24A (HAM) is offered in FLEXI Synchronous mode, which means some flexible elements of this paper can be completed online. On-campus activities (e.g., lectures, tutorials, and tests) are available for students to attend in person. Please note:

1. Tutorial sessions will be on-campus face-to-face only. Online-only students are required to contact the convenor with an explanation as to why they are physically unable to attend on-campus activities and alternative arrangements will be made.
2. Students are required to engage in in-class quizzes, tutorials, and tests during scheduled times.

Lectures:

• Week 1: Class on Monday and Friday. Introduces you to the course and provide an example of the exercises and in-class quizzes that will be done on Fridays.
• Week 2 to Week 14: Class on Friday only. Make sure to review the pre-recorded concept videos prior to the Friday classes.
• All live lectures will be live streamed via Panopto, recorded, and made available to all students. It is the sole responsibility of any absentees to catch up with missed content.
• We will be going over basic to advanced Excel techniques. Microsoft Office is free for all enrolled UoW students (https://waikatouniversitynz.sharepoint.com/sites/SelfHelp/SitePages/Microsoft-Office-Microsoft-365.aspx).

Tutorials:

• Tutorials are not recorded and are held on-campus face-to-face.
• Tutorial sign-up opens 26 February (Monday) at 9am and closes on 1 March (Friday) at 5 pm on a first-come first-serve basis. Each session is limited to 12 participants.
• The number of tutorial sessions offered depends on enrolment numbers. The information stated here is subject to change and not all sessions may be offered. Check the lecture announcements for up-to-date information.

Langfield-Smith, K., Smith, D., Andon, P., Hilton, R., & Thorne, H. (2021). Management Accounting: Information for Creating and Managing Value, 9th Edition, McGraw-Hill, Australia.

Note: Students can also read the 7th or 8th edition of the required textbook.

Recommended reading

• Al-Sayed, M., & Dugdale, D. (2016). Activity-based innovations in the UK manufacturing sector: Extent, adoption process patterns and contingency factors. The British Accounting Review, 48(1), 38-58.
• Christou, C. D., Athanasiadou, E. C., Tooulias, A. I., Tzamalis, A., & Tsoulfas, G. (2022). The process of estimating the cost of surgery: Providing a practical framework for surgeons. The International journal of health planning and management, 37(4), 1926–1940.
• CIMA. (2010). A comparative investigation into the diffusion of management accounting innovations in the UK, Australia and New Zealand. CIMA.
• Deloitte. (2020). Pricing of digital products and services in the manufacturing ecosystem. Deloitte.
• EY. (2018). Does your nonfinancial reporting tell your value creation story? EY.
• Fonterra. (2023). Annual Review 2023. Retrieved from https://www.fonterra.com/nz/en/investors/results-and-reporting.html
• Fonterra. (2023). Sustainability Report 2023. Retrieved from https://www.fonterra.com/nz/en/embracing-sustainability.html
• Guilding, C., Drury, C., & Tayles, M. (2005). An empirical investigation of the importance of cost-plus pricing. Managerial Auditing Journal, 20(2), 125-137.
• IFAC. (2013). International Good Practice Guidance: Project and Investment Appraisal for Sustainable Value Creation. IFAC.
• Kaplan, R. S., & Anderson, S. R. (2004). Time-Driven Activity-Based Costing. Retrieved from https://hbr.org/
• McKinsey & Company. (2020). How industrial companies can cut their indirect costs—fast. McKinsey & Company.
• McKinsey & Company. (2023). Indirect manufacturing costs: An overlooked source for clear savings. McKinsey & Company.
• PwC. (2012). Good budgetary processes: comparators. PwC.

1. Apply appropriate techniques to support tactical and long-term decision-making
2. Demonstrate basic Excel competencies
3. Evaluate and apply different product costing systems and overhead allocation methods
4. Understand the fundamentals of management accounting, including the information used for creating value and managing resources, and cost behaviour and cost estimation
5. Understand the relation between sustainability and management accounting, including relevant management control systems
6. Use budgeting systems and techniques for planning, control and decision-making