This course aims to introduce students to the role of management accounting information in managing and measuring business performance to design, implement and monitor business level strategy using management accounting controls. The first part of the course introduces students to strategic planning processes, including an analysis of an organisation’s external, competitive and internal environments required to design business strategy. Concepts include PESTEL and SWOT analyses, Porter’s 5 Forces, Value Chain analysis and the Risk Calculator. The second part of the course equips students with practical skills and tools for the implementation and monitoring of business strategy with a focus on cost management and profit. Concepts include the Balanced Scorecard, Customer Profitability Analysis, Standard versus Flexible Budgets, Variance Analysis, and Managing Working Capital. At the conclusion of the course, students will have developed practical skills to manage and control business performance in a strategic context.