course description for Strategic Management Accounting in a B.Sc. Accounting program:

???? Strategic Management Accounting

Course Description

This course introduces students to management accounting techniques applied in strategic decision-making. It emphasizes using accounting information to support long-term planning, competitive strategy, and value creation in organizations. Students will explore tools such as activity-based costing, balanced scorecards, benchmarking, and strategic performance measurement, linking financial data to business strategy.

Course Objectives

By the end of this course, students should be able to:

1. Apply management accounting tools to support strategic decision-making.

2. Analyze cost and performance data in the context of organizational strategy.

3. Evaluate alternative strategies using accounting and financial information.

4. Integrate non-financial and financial information in performance measurement.

5. Develop strategic recommendations that enhance organizational competitiveness and value creation.

Course Content (Main Topics)

• Overview of strategic management accounting (SMA)

• Role of management accounting in strategic decision-making

• Activity-based costing (ABC) and activity-based management

• Balanced scorecard and performance measurement

• Benchmarking and key performance indicators (KPIs)

• Strategic cost management and value chain analysis

• Decision-making using financial and non-financial information

• Strategic planning and budgeting

• Case studies on competitive strategy and financial decision-making

• Ethical and sustainability considerations in strategic management accounting

Teaching Methods

• Lectures and tutorials

• Case studies of real-world organizations

• Group projects and presentations

• Use of management accounting software and spreadsheets

Assessment Methods

• Continuous Assessment (Assignments, Quizzes, Participation) – 30%

• Case Study / Project – 20%

• Final Examination – 50%

Learning Outcomes

Upon successful completion, students will be able to:

• Use management accounting techniques to support strategic decisions.

• Analyze and interpret financial and non-financial information for strategy formulation.

• Evaluate organizational performance using SMA tools.

• Integrate cost management and performance measurement with strategic planning.

• Recommend ethically sound and value-creating strategies for organizations.

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