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Accounting Information and Managerial Decision Making

duration Duration: 1 Teaching Period

unit code Unit Code: ACC60002

contact hours Contact Hours: Recommended 10 hours of study per week

After successfully completing this unit students will be able to:

  • Make informed judgements and to take effective, ethical and timely actions regarding the current and future allocation of resources in the context of a complex global business environment
  • Demonstrate quantitative skills, evaluate the assumptions, behavioural implications and qualitative factors in decision-making
  • Demonstrate the ability to identify a problem, list uncertainties and develop strategies from accounting and financial statements
  • Apply decision making processes including interpreting bias, evaluating alternatives, organising information and clearly stating assumptions.


  • Accounting Information for Managers and other Stakeholders
  • Private, Non-profit, Statutory authorities
  • Performance Metrics, Economic Indices
  • Management Perspective of Financial Statements
  • Maintaining Capital, Returns to Suppliers of Funds
  • Accounting Systems-Cash vs. Accrual Accounting
  • Cash Flow Management
  • Analysis of Operating Performance
  • Cost Concepts, Relevant Costs for Decisions
  • Cost Objects and Measurement
  • Costs of Products, Services, Divisions
  • Business Performance Reporting – Controllable Costs
  • Short Run Decisions – Opportunity evaluation
  • Strategic Planning and Budgeting Uncertainty
  • Financial Planning – commercialisation of opportunities

This unit is found in Graduate Certificate of Business Administration and Master of Business Administration (MBA).