• Apply Strategic Management Accounting Concepts: Demonstrate a thorough understanding of the key principles and tools of strategic management accounting (SMA) and effectively apply them in the context of healthcare institutions.
• Make Informed Strategic Decisions: Use SMA techniques to support strategic decisions such as pricing healthcare services, managing capital investments, and evaluating outsourcing opportunities, ensuring alignment with the institution's long-term goals.
• Design and Use Performance Measurement Systems: Create effective performance measurement frameworks (e.g., balanced scorecards) tailored to healthcare institutions to track and improve financial health, service quality, and operational efficiency.
• Implement Strategic Planning in Healthcare: Integrate SMA with strategic planning processes to align management strategies with the healthcare institution's overall strategic goals.

Course Goals

This course focuses on the application of strategic management accounting (SMA) principles in the context of healthcare institutions. The course emphasizes the use of SMA tools and techniques to support strategic decisions, enhance financial performance, and align operational processes with long-term goals in a healthcare setting.

• Learning Outcome 2 (LO2): Explain the key ideas of management accounting in health care institutions.
• Learning Outcome 3 (LO3): Interpret and use information given by management accounting instruments in healthcare institutions.
• Learning Outcome 4 (LO4): Select solutions for specific questions within the management accounting. For example, argue why a specific instrument gives information that is needed for strategic planning or decision making. Being able to interpret information from management accounting instruments – like the Balanced Scorecard.
• Learning Outcome 5 (LO5): Design an instrument like the Balanced Scorecard for an institution in the healthcare institution.