This unit builds upon cost accounting and other management accounting techniques developed in Management Accounting by using the knowledge gained in that unit as context for the study of issues pertaining to the development and maintenance of an efficient and effective management control system in organisations. The unit specifically covers strategic accounting issues including those pertinent to decentralised organised structures and responsibility centres, performance evaluation of managers and organisational units, transfer pricing and contemporary management accounting techniques.
Prescribed Text - HORNGREN'S COST ACCOUNTING - A MANAGERIAL EMPHASIS
