Essay

ACCT7107

Course Administration

• Course Co-ordinator and Lecturer:

ACCT7107 Managerial Accounting and Control

Lecture 1

Introduction to Managerial Accounting; Cost Concepts & Cost Behaviour

Reading: Horngren Chapters 1 and 2

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Sandra Lazzarini

Contact details: Room 39-417; Ph 334 68047 Email: s.lazzarini@business.uq.edu.au

• Tutor:

David Wood Contact details will be advised

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An Activity for you …

In your own words, briefly answer the following questions: Do the workers, managers and executives of a business have different information needs than shareholders or external suppliers of capital? If so, why? (and what are they?)

Lecture Overview

1. Course Intro, Administration & Assessment 2. Theory of the firm 3. Managerial Accounting and Control

– Overview of “Managerial Accounting” A.Cost concepts B.Cost behaviour

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1. Course Introduction:

• Course Aims:

This course aims to enable you to: work and communicate as part of a management team providing information, analytical and critical evaluation skills to assist your organisation’s current and future costing, planning and control decisions with a focus on creating value for the organization in a constantly changing business environment.

Text and other resources

• Prescribed Text:

Horngren, Datar, and Rajan (2012). Cost Accounting: A Managerial Emphasis, 14th Edition, Pearson Prentice Hall. (Horngren)

• Resources

– Lecture notes will be provided in class and can be downloaded from the BB website – Additional readings (as required) can be downloaded from BB – Blackboard (BB): http://learn.uq.edu.au – My accounting lab (MAL) (access code available with new text purchase) www.myaccountinglab.com Registration and log-in details will be placed on BB.

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• Prerequisites – ACCT7101 – An understanding of financial accounting

Lecture 1

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ACCT7107

Lectures, Tutorials & expectations

– Lectures

• Weekly - attend your registered lecture • Note: No lectures...