ACC30009: Analysis for Competitive Advantage Objectives Week 1 2 3 4 5 6 7 Topic Intro to Analysis for Competitive Advantage Business Strategy and Competitive Advantage Value Chain and Costing Revisited Financial Performance Measures and Incentives Non-financial measures and balanced scorecard Review, Library databases and tips of Assignment 3 Social and environmental cost management Objectives · Identify the two factors of competitive advantage · Recognise this difference between cost leadership and product differentiation · Identify the advantages of cost leadership · Recognise the various approaches to product differentiation · Identify the strategic options available to businesses and suggest a generic strategy suitable for a particular industry · Distinguish the three tiers of environmental factors affecting contemporary businesses in order to have an appreciation of the way businesses compete · Analyse how management accounting information relates to strategic choices and appreciate the varied role of management accountants. · Identify segments of a value chain and its importance in product costing and managerial control decisions · Analyse the differences between variable costing and absorption costing · Prepare an income statement using absorption costing and variable costing and reconcile differences in profit · Show how variable costing and the contribution format of reporting are useful in segmented reporting and evaluating the performance of managers. · Describe responsibility accounting in the context of planning and control cycle · Identify four types of responsibility centres · Elaborate on why firms choose to decentralise · Evaluate motivation theories in context of rewarding managerial performance · calculate and appreciate the advantages and disadvantages of three financial measures: ROI, RI and EVA. · Identify the purposes of strategic performance measurement system (SPMS) and explain why conventional financial measures are not sufficient for managing operations . Differentiate the 4 perspectives of a BSC and demonstrate their causal linkages · Outline a simple BSC for a firm · Identify the role of benchmarking in improving the firm's competitiveness. · Address the assignment requirements · Show research and read published work critically · Learn a few tips on how to write an effective research paper · Incorporate proper referencing to avoid plagiarism · Demonstrate how the proper use of appendices can enhance your assignment. · Identify the importance of sustainability, socially responsible and ethical practices and environmental reporting · Distinguish the business implications of climate change and what management accountants can do . Illustrate the importance of measuring environmental costs and demonstrate how environmental costs are assigned to products and processes · Identify the life cycle cost assessment model as used in environmental cost Management · Elaborate on how concepts such as BSC and ABC can be extended to environmental cost management.
8 Transfer pricing and International issues 9 Contemporary MAS (Part 1): SCM, JIT (Versus EOQ) and CRM 10 Contemporary MAS (Part 2): TBM, TOC, ABM, LCM and value analysis 11 Contemporary MAS (Part 3): Target costing, BPR, TQM, COQ reports 12 Revision . Describe the role of transfer pricing in the decentralised firm · Evaluate divisional performance when transfer