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Financial Accounting, Management Accounting.
This course consists of two modules: Financial Accounting and Management Accounting. The purpose of the 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, and has a focus on engineering applications and endeavours. It is taught as a block course at the beginning of the programme, to ensure students have the tools necessary to underpin the remainder of the curriculum.
KnowledgeFinancial Accounting: Students will have an understanding of the reporting framework and the accounting equation. They will understand the construction of financial statements, and be able to analyse them and interpret their findings.Management Accounting: Students will have an understanding of management accounting theory and practice, including: costing and pricing of products and services; budgeting for planning and control; performance measurement.SkillsThe 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 addressedApplication The components of this course establish the accounting foundations and will provide the building blocks that will underpin the remaining papers in the MEM programme.
Subject to approval of the Programme Director.
For further information see Masters in Engineering Management Head of Department
Domestic fee $891.00
International Postgraduate fees
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see Masters in Engineering Management .