Course Code: ACCT618
Hours Distribution: 3 Lec
Course Type: Major Electives (Major E)
Over the past decade, management accounting has seen changes not just within existing domains of the field but has also witnessed extensions outside its established realms of activity. Wider systemic transformations including changes in political regimes, novel conceptions of management controls, the impact of globalizing forces on commercial affairs, shifts in notions of effective knowledge management, governance and ethics, and technological advances, including the rise of broadband, have all impacted management accounting endeavors. The field is as fast changing as it has ever been. This course captures key facets of current thoughts, concerns, and issues in management accounting. The topic areas covered reflect established management accounting topics such as budgeting and responsibility accounting, contract theory analysis, contingency frameworks, performance measurement systems and strategic cost management which are considered within the perspective of changing concerns facing modern organizations and present day management thought. Other topics deal with newly emerging concerns in management accounting, including network relations, integrated cost management systems, knowledge management pursuits, environmental management accounting and accounting and digitization. Each topic encompasses discussions of basic premises complemented by insights from modern day practice, research, and thought.