Management Control Systems

Learning Outcomes

Upon successful completion of this course, students are expected to be able to compare and contrast all aspect of strategy, planning and control system; describe knowledge of management control comprehensively; demonstrate an awareness the importance control in management perspective; demonstrate communication ability in presenting management control issue in written and verbal effectively; demonstrate the ability of designing and evaluating management control systems.

Topics

This course teaches students the principles of Management Control Systems and the structure, process, problems and applications of MCS in various different conditions. This is a comprehensive course where students need to exercise their skills in budgeting, financial statement analysis and managerial skills. The course will discuss the application of management control in multi-national companies and non-profit organizations as well as management control for projects and ongoing operations.

Prerequisite : AC319 – Cost Accounting