ENMG601-18W (C) Whole Year 2018

Engineering Accounting

12 points
19 Feb 2018 - 18 Nov 2018

Description

Financial Accounting, Management Accounting.

Pre-requisites

Subject to approval of the Programme Director.

Course Coordinator

For further information see Masters in Engineering Management Head of Department

Notes

ENMG601Engineering Accounting
0.10 EFTS

Description
The purpose of this course is to provide an overview of financial and management accounting concepts and analysis of financial statements. The course is user-orientated rather than procedure-orientated.

FINANCIAL ACCOUNTING

• Introduction to Accounting
• The reporting framework and the accounting equation
• The balance sheet and the Income Statement
• Current and Non-Current Assets/liabilities and owner’s equity
• Understanding and differentiation between revenues, expenses, accruals and the cash flow
       Statement
• Financial Statement Analysis


MANAGEMENT ACCOUNTING

• Introduction to Management Accounting
Cost Classification
• Job Costing; Process Costing
• Activity Based Costing; Activity Based Management
• Cost Volume Profit Analysis; Pricing
• Budgeting for Planning and Control
• Standard Costing and Variance Analysis
• Decentralisation, Multinational Corporations and Transfer Pricing; Performance Measurement

Learning Outcomes
Skills
The course objectives are to enable students to understand general purpose financial statements, appreciate their limitations, and be aware of the forces that influence their content.

By the end of the course, students should be able to:
- Recognise, read and use any of the common management accounting reports
- Prepare, or provide the necessary information for the preparation of budgets
- Cost current or proposed products, and know the contentious issues that will need to be addressed

Application
The components of this course establish the accounting foundations that are used in studying economics, application in finance and the underpinnings for strategy, business analysis and planning.

Indicative Fees

Domestic fee $847.00

* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.

For further information see Masters in Engineering Management.

All ENMG601 Occurrences

  • ENMG601-18W (C) Whole Year 2018