ACF5080 Management control systems
Faculty of Business and Economics
ACF5080 Management control systems is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 and Semester 2 at Caulfield. It needs ACF5955.
- Credit points
- 6
- Offered in 2022
- Semester 1, Semester 2
- Caulfield
- Assessment
- Exam 50%
- and 2 other tasks
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2027 entry.
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Requisites
Before ACF5080
Prerequisites
Pass these before you enrol.
After ACF5080
No unit lists ACF5080 as a prerequisite in the 2022 handbook.
Overview
This unit examines key issues in management control systems, focusing on the relationship between strategy, management control systems, and human behaviour. Topics include the object of control typology, the design and evaluation of management control systems, and the linkages between management controls and both corporate governance and to ethical issues. Management control issues in not-for-profit organisations will also be examined.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
| Second semester | Caulfield | On campus |
| Second semester | Caulfield | Evening |
Assessment
- Within semester assessment50%
- ExaminationThreshold hurdle50%
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
identify and appraise the key issues in management control systems, including technical and behavioural aspects
- 2
demonstrate an understanding of fundamental issues in business strategy and of the enabling role of management control systems in driving value creation
- 3
apply a control typology to recommend management control systems suitable for organisations facing different contexts
- 4
understand and appraise the linkages between contemporary corporate governance and ethical issues and management control systems
- 5
apply critical thinking, problem solving, and communication skills to individual and/or group activities dealing with management control systems and demonstrate in an individual summative assessment task the acquisition of comprehensive understanding of the topics covered by ACF5080.
Workload and teaching
- Tutorials18 hours
- Lectures18 hours
- Teaching approachResearch activities
- Teaching approachProblem-based learning
- Teaching approachActive learning
- Teaching approachCase-based teaching
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit allows students to develop their research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
This unit includes problem-based learning approaches, where students engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit engages students in actively applying their knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes case-based teaching, where students apply their knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but students need to work together to examine, analyse and make decisions to resolve the situation.
Learning resources
Required resources
Merchant, K. & Van der Stede, W. (2017). Management Control Systems: Performance Measurement, Evaluation and Incentives (4th Edition). Essex, Pearson Education International
Technology resources
The only Faculty approved calculators permitted in tests and examinations for all Australian campuses and locations is the HP10bII+ or Casio FX82 (any suffix).
Contacts
- Chief Examiners
- Dr Aldonio Fernandes Ferreira
- Associate Professor Ralph Kober
Common questions
What are the prerequisites for ACF5080?
You need ACF5955 before you enrol.
When is ACF5080 offered?
In 2022, ACF5080 runs in Semester 1 and Semester 2 at Caulfield.
How much work is ACF5080?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACF5080 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 2 other tasks.