ACCT 4350 Strategic Management Accounting

Performance measurement, balanced scorecards, and strategic cost management for competitive advantage.

Course overview

Strategic Management Accounting moves beyond traditional cost accounting to explore how financial information supports high-level decision-making. You will learn to link cost data with competitive strategy, using tools like the balanced scorecard and activity-based costing to gain a market advantage. This course focuses on the 'why' behind the numbers, helping you understand how accounting data can drive long-term organisational success.

Who takes this course

• Bachelor of Applied Business — Accounting

Credits: 3 · Hours: 45

Prerequisites

• ACCT 2100 Cost Accounting Systems
• ACCT 2550 Financial Management Theory

Learning outcomes

• Design and implement a balanced scorecard aligned with organisational strategy.
• Analyse activity-based costing models for complex product lines and service offerings.
• Evaluate pricing strategies and their impact on long-term profitability.
• Assess risk and uncertainty in capital budgeting decisions using scenario analysis.
• Interpret non-financial performance indicators to drive operational improvements.

Evaluation