1997 Swinburne Higher Education Handbook

BC332 Strategic Cost Management analytical review techniques;
3 hours per week Hawthorn/Mooroolbark
audit related causes for company failures.
Prerequisite: BC223 Management Accounting 2 and BC224 The subject makes extensive use of audit oriented software
Financial Management I Assessment: pup cast studies and ~acka~es.
individual research essay
Recommended reading
A subject in the Bachelor of Business
To be advised.
Obiectives
This is a final year subject designed to develop and integrate
the planning, control and decision-making techniques and
skills introduced in management accounting and financial
management within a strategic framework.
Content
Topics are developed within the framework of an analysis of
competitive strategy and the role of strategic management
accounting. Through the use of the business case method,
traditional approaches to ~roject planning, ~roduct costing,
product and customer profitability analysis and performance
evaluation are questioned and alternative contemporary
approaches evaluated.
Contemporary developments in manufacturing technology,
the provision of services in the context of an increased focus
on quality, customer service and world's best practice in a
global market place provide the context for a critical
evaluation of management accounting responses to these
challenges.
Recommended reading
Brinker, B.J. (ed.) Emerging Practices in Cost Management. Boston,
Warren, Gorman Lamont, 1993
Cooper, R. and Kaplan, R.S. The Design of Cost Management
Systems. Englewood Cliffs, N.J., Prentice Hall, 1991
Ratnatunga, D. (ed.) Issues in Strategic Management Accounting.
Sydney, Harcourt Brace Jovanovich, 1993
Shank, J.K. and Govindarajan, V. Strategic Cost Management. Free
Press 1993
Ward, K. Strategic Management Accounting. Oxford, Butterworth,
Heinemann, 1992
Current journals, especially Journal of Cost Management and
Management Accounting
BC333 EDP Auditing
3 hours per week Hawthorn Prerequisite: BC22J Auditing
Assessment: examination/assignment
A subject in the Bachelor of Business
Objectives and Content
This subject presumes familiarity with the subject matter of
BC225 Auditing. It should be most useful for those students
planning to enter the profession.
BC334 Financial Accounting
3 hours per week Hawthorn Prerequisite: BC221
Colporate Accounting and BC330 Accounting Theory
Assessment: examination/assignment
A subject in the Bachelor of Business
Objectives
This subject is most relevant to students planning to enter
(or already in) the employment fields of chartered
accounting or financial accounting in industry.
The aims of Financial Accounting are:
to study in depth some of the more advanced issues and
problems from areas introduced in Corporate
Accounting;; -
to make students aware of a selection of contemporary
financial accounting issues and to study these issues
from both theoretical and practical viewpoints;
to apply the conceptual framework studied in
Accounting Theory in evaluation of the
abovementioned contemporary financial accounting
issues.
Content
The conceptual framework; enviromental and social
accounting; aspects of group accounting; accounting for
government enterprises; cash flow accounting; financial
forecasts; employee entitlements; accounting and ethics;
international accounting standard; and regulation; and
contemporary financial accounting issues.
The syllabus is flexible to allow new financial accounting
issues which emerge to replace topics of less relevance.
Recommended reading
Henderson, M.S. and Peirson, G. Issues in Financial Accounting.
7th edn, Melbourne, Longman Cheshire, 1996
Leo, K.J., Lambert, C.J. and Sweeting, J.W. Advanced Company
Accounting. Brisbane, Wiley, 1992
Various current Exposure Drafts and Standards issued by the
Australian Accounting Research Foundation and the Australian
Accounting Standards Board
BC336 Advanced Taxation
3 hours per week Hawthorn .Mooroolbark
The objective of the subject is to provide students with an
Prerequisite: BC331 Taxation Assessment: examination/
understanding of the principles of auditing computerised
assignment
accounting information systems and applying statistical and
analytical techniques in the audit context.
A subject in the Bachelor of Business
The topics to be studied include: Objecives and Content
the study of auditing principles with specific reference This is a final year subject designed for students who require
to computerised accounting information systems; additional experience of taxation issues. The objective of the
EDP audit techniques;
statistical sampling techniques;
subject is to acquaint students with the areas of taxation of
practical utility by concentrating on the taxation
implications of various taxable entities, and/or taxpayers, in
Swinburne University of Technology 1997 Handbook 271