This course focuses on the development of cost control and management systems in commercial operations. It is designed to allow students to gain knowledge, insight, and analytical skill related to how a manager go about designing, implementing and using planning and control system to implement a company’s strategies. It is also an integrated course of Management Accounting I and II. The focus is on the analysis of cost control systems through case studies.

1. Evaluate the effectiveness of alternative management accounting techniques and to apply them to organisational cost management practices; 2. Appraise current management accounting techniques and practices in their organisational context; 3. Appreciate the organisational, social and environmental context of management accounting; 4. Appraise management accounting control systems design and implementation in organisations; 5. Learn within teams – to co-operate with team members, to assume leadership and to manage differences and conflicts.