13480 (v.2) Management Accounting for Wine Business 514

Area:

Muresk Institute

Credits:

25.0

Contact Hours:

5.0

Individual Study:

1 x 5 Hours Weekly

Syllabus:

Financial influences on a wine producer. Financial and management accounting. Costing methods for packaged products and the total enterprise, ABC, targets, budgeting, forecasting performance measurement including ISOs, pricing models including transfer pricing and profit analysis.

Unit Outcomes:

On successful completion of this unit students will have- Explained the concepts and conventions relating to accounting. Described the role of accounting in management information systems. Analysed and recorded business transactions in manual and computerised accounting systems. Designed and presented simple financial reports useful for business decision making. Selected and set up computerised accounting systems suitable for small agribusiness. Compiled and used management accounting information. Chosenan appropriate system for costing wine products and services. Developed skills in making short-run tactical decisions. Constructed simple financial models using spreadsheets. Performed money market calculations using spreadsheet and financial calculator.

Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.

Unit References:

Atrill P and McLaney E., (1995), Accounting and Finance for Non-Specailists, London, Prentice-Hall. Bassett P.H., (1993), Computerised Accounts, 3rd ed, Oxford, Blackwell. Beaman I and Ranatunga J., (1998), Financial Modelling, 2nd ed, Melbourne, Quill Press. Grundy C and Lyte D., (1999), Small Business Accounting with M.Y.B.O, Melbourne, Eastern House. James S.J and Stoneberg, E., (1986), Farm Accounting and Business Analysis, Ames, Iowa State University Press. Juchau R.H and Clark M.B., (1989), Agricultural Accounting: Perspectives & Issues, Canterbury, Lincoln University. Neilson D.G., (1986), Principles and Practice of Farm Management Accounting, 3rd ed, Melbourne, The Law Book Company. Roberts D.L. and Staunton J.J., (1995), Accounting for Self-Generating and Regenerating Assets, Melbourne, Australia Accounting Research Foundation.

Unit Texts:

Atrill, P and McLaney E., (2000), Accounting- An Introduction, Sydney, Pearson Education. Meredith G.G., (1994), Accounting and Financial Managment for Business Decisions, Sydney, McGraw-Hill. Hoggett J and Edwards L., (2003), Accounting in Australia, 5th ed, Brisbane, John Wiley.

Unit Assessment Breakdown:

Continuous Assessment 50%, Examination 50%. This is a Grade/Mark assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Bentley Campus	Semester 1		Y
2004	Bentley Campus	Semester 2		Y