The objective of this course is to develop an understanding of accounting for products and services, budgets and budgetary control, information for decision making, and perfomance evaluation and control by ensuring that students have the ability to prepare and analyse accounting data and are able to apply it in a range of planning, control and decision making situations, assessing its relevance, strenghts and weaknesses, and considering how its use may be amended to accomodate change.
Topics include relevance, costs, and the decision process; pricing decisions, product profitability decisions and cost management, management control systems, choice and application, meaasuring mix, yield, and productivity, cost management, quality and time, decentralisation and transfer pricing, and performance measurement and compensation.