PURPOSE:
To provide students with more detailed knowledge and skills pertaining to the role of the financial manager and the functions of the cost and management accountant.

OUTCOMES:
1.Apply advanced cost concepts in managing costs and costing systems such as cost classification, cost behaviour, cost analysis, cost estimation, cost objects and cost management accounting systems.

2.Apply advanced techniques for and report on planning, budgeting, controlling and evaluating performance, including decentralisation/divisionalisation.

3.Apply advanced concepts in long- and short-term decision-making regarding resource allocation and pricing, including transfer pricing as well as interpreting measures of uncertainty surrounding any decision-making.