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Principles of Management Accounting - MAC2601

Under Graduate Degree,Diploma,Advanced Certificate Semester module NQF level: 6 Credits: 12
Module presented in English,Afrikaans
Co-requisite: FAC1502 & (either BNU1501 or QMI1500 or DSC1630)
Purpose: To equip students with detailed knowledge, understanding and skills in evaluating, selecting and applying methods, procedures or techniques regarding management accounting principles like cost classification, cost behavior, cost-volume-profit analysis, cost estimation, cost objects, and various cost management accounting systems, for example job costing, process costing and joint and by-products; application of planning, budgeting and control techniques; valuation of inventory according to different methods; analysing of financial and other data to identify relevant information and use this information in decision-making.