THIS COURSE IS A CONTINUATION OF THE MANAGEMENT ACCOUNTING 1. THIS COURSE INTRODUCES APPLICATION OF TECHNIQUES IN THE ANALYSIS OF RELEVANT DATA TO PROVIDE INFORMATION FOR MANAGERIAL PLANNING AND CONTROL, AND DECISION MAKING. THE TOPICS COVERED INCLUDE COST-VOLUME-PROFIT ANALYSIS, BUDGETING AND BUDGETARY CONTROL, STANDARD COSTING AND VARIANCE ANALYSIS, AND MANAGERIAL SHORT TERM AND LONG TERM DECISION MAKING. CONSIDERING THE GROWING IMPORTANCE OF THE SUSTAINABILITY NOTION, SOME OF THE ABOVEMENTIONED TOPICS (I.E. COST-VOLUME-PROFIT ANALYSIS, BUDGETING AND BUDGETARY CONTROL, PERFORMANCE EVALUATION) WILL INCLUDE THE CLASSIFICATION, MEASUREMENT, ANALYSIS AND REPORTS ON ENVIRONMENTAL AND SOCIAL INFORMATION, PARTICULARLY PERTAINING TO COST AND REVENUES, THUS PROMOTES BETTER TRACKING AND MANAGEMENT OF PHYSICAL AND MONETARY RESOURCES.
- Lecturer: DR. KISHAN A/L KRISHNEN @ RAGAVAN
Skill Level: Beginner