To apply relevant knowledge, skills and exercise professional judgment in selecting and applying strategic management accounting techniques in different business contexts and to contribute to the evaluation of the performance of an organization and its strategic development.
Course Outcomes (COs):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Paper Code |
Paper Title |
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AAF 612 |
Advanced Performance Management |
CO 202: Application of relevant knowledge on Strategic planning and control CO 203: Understand External influences on organizational performance CO 204: Application of relevant skills and exercise professional judgment in selecting Performance measurement systems and design CO 205: Application of strategic management accounting techniques for performance measurement CO 206: Contribute to the Performance evaluation and corporate failure and its strategic development |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments
Learning activities for the students: Self learning assignments, Effective questions, Seminar presentation, Giving tasks
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
Performance evaluation and corporate failure
Alternative views of performance measurement and management-‘balanced scorecard’ approach, ‘performance pyramid’, work of Fitzgerald and Moon, Performance Prism, application of activity-based management, value-based management approaches to performance management.
Strategic performance issues in complex business structures- Strategic models in assessing the business performance of an entity, such as Ansoff, Boston Consulting Group and Porter, problems encountered in planning, controlling and measuring performance levels, e.g. productivity, profitability, quality and service levels, in complex business structures, impact on performance management of the use of business models involving strategic alliances, joint ventures and complex supply chain structures, influence of culture and strategy will influence the adoption of new performance measurement methods and techniques,
Predicting and preventing corporate failure- quantitative and qualitative performance measures and models (such as Zscores and Argenti), performance improvement strategies to prevent corporate failure
Current developments and emerging issues
Current developments in management accounting techniques-environmental management accounting, lifecycle costing, input/output analysis and activity-based costing, use of benchmarking in public sector performance (league tables), issues surrounding the use of targets in public sector organizations.
Current issues and trends in performance management- the changing role of the management accountant in today’s business environment as outlined by Burns and Scapens, contemporary issues in performance management