ACCT20077 - Accounting for Management Decision Making
Term 2 - 2017


All details in this unit profile for ACCT20077 have been officially approved by CQUniversity and represent a learning partnership between the University and you (our student). The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.

Overview

The aim of this unit is to provide people without an accounting background an overview of the knowledge, techniques and forms of communication used by accountants. This includes: an understanding of the information that is provided by an accounting information system; an insight into the managerial problems that are based on accounting information; an introduction to utilising accounting information for problem solving and a chance to apply the knowledge learned to realistic business problems. If you have successfully completed the unit ACCT20051 you should not enrol in this unit.

Details

Career Level Postgraduate
Credit Points 6
Student Contribution Band 3A
Fraction of Full-Time Student Load 0.125

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Offerings

Term 2 - 2017
  • Brisbane
  • Distance
  • Melbourne
  • Sydney

Website

This unit has a website, within the Moodle system, which is available two weeks before the start of term. It is important that you visit your Moodle site throughout the term. Go to Moodle

Recommended Student Time Commitment

Each 6-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Class Timetable

Assessment Overview

Assessment Task Weighting
1. Practical and Written Assessment 40%
2. Examination 60%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University’s Grades and Results Procedures for more details of interim results and final grades.

All University policies are available on the IMPortal.

You may wish to view these policies:

  • Grades and Results Procedure
  • Assessment Policy and Procedure (Higher Education Coursework)
  • Review of Grade Procedure
  • Academic Misconduct Procedure
  • Monitoring Academic Progress (MAP) Policy and Procedure – Domestic Students
  • Monitoring Academic Progress (MAP) Policy and Procedure – International Students
  • Refund and Excess Payments (Credit Balances) Policy and Procedure
  • Student Feedback – Compliments and Complaints Policy and Procedure
  • Acceptable Use of Information and Communications Technology Facilities and Devices Policy and Procedure

This list is not an exhaustive list of all University policies. The full list of University policies are available on the IMPortal.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Feedback Source Recommendation
Assessments and resources Moodle site and in class It is recommended to continue with the current course and assessment practice since the ongoing assessment method and the way the course is being designed and delivered is rightly aligned course learning outcomes and addresses students' needs and facilitates students' learning. It is recommended to provide a detailed feedback when the assignment feedback is given.
On successful completion of this unit, you will be able to:
  1. analyse and interpret the information provided from an accounting information system
  2. critically analyse standard management problems, and using appropriate accounting analytical techniques, correctly determine the appropriate parameters for a management decision
  3. demonstate an advanced knowledge of accounting tools and techniques for assisting managerial decision making by being able to critically analyse and report on the range of appropriate accounting methods applicable to a given management decision making problem
  4. demonstrate accuracy in presenting or analysing accounting information in a range of business management problems presented in this unit.

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2 3 4
1 - Practical and Written Assessment
2 - Examination

Alignment of Graduate Attributes to Learning Outcomes

  • Professional Level
  • Advanced Level
Graduate Attributes Learning Outcomes
1 2 3 4
1. Knowledge
2. Communication  
3. Cognitive, technical and creative skills
4. Research        
5. Self-management        
6. Ethical and Professional Responsibility        
7. Leadership        

Alignment of Assessment Tasks to Graduate Attributes

  • Professional Level
  • Advanced Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7
1 - Practical and Written Assessment        
2 - Examination          

Prescribed Textbooks

ACCT20077 Accounting for Management Decision Making
Author/s: Sardesai Year: 2017
Edition: 1 Publisher: Pearson Australia
State: Victoria
Country: Australia
View textbooks at the CQUniversity Bookshop
Note:

Students are advised to buy the e-text version of this textbook. This can be purchased online at: http://www.pearson.com.au/products/?sq=9781488618055.

However a paper version of this textbook is also available through the CQUni Bookshop here; http://bookshop.cqu.edu.au

IT Resources

You will need access to the following IT resources:
  • Internet
  • Unit Website (Moodle)
  • CQUniversity Student Email
All submissions for this unit must use the American Psychological Association (APA) referencing style (details can be obtained here). For further information, see the Assessment Tasks below.
Unit CoordinatorRobert Grose (r.grose@cqu.edu.au)
Note: Check the Term-Specific section for any additional contact information provided by the teaching team
Week Begin Date Module/Topic Chapter Events and Submissions
Week 1 10-07-2017

Introduction to accounting

1


Week 2 17-07-2017

Recording business transactions

2


Week 3 24-07-2017

Measuring and reporting financial position

3

Week 4 31-07-2017

Measuring and reporting financial performance

4

Assessment Part A - Practical and written assignment (20%). Due on Thursday the 3rd August, 2017 at 11.45pm AEST.

Practical and Written Assignment Due Thursday (03 Aug 17) 11:45 PM AEST
Week 5 07-08-2017

Measuring and reporting cash flows

5


Vacation Week 14-08-2017


Week 6 21-08-2017

Analysis and interpretation of financial statements

6
Week 7 28-08-2017

Introduction to managerial accounting and cost-volume-profit analysis

7, 8

Week 8 04-09-2017

Full costing

9

Assessment Part B - Practical and written assignment (20%). Due on Thursday the 7th Sep, 2017 at 11.45pm AEST.

Week 9 11-09-2017

Budgeting

10
.
Week 10 18-09-2017

Capital Investment decisions

11


Week 11 25-09-2017

Trends and issues in accounting

12


Week 12 02-10-2017

Revision



Review/Exam Week 09-10-2017
Exam Week 16-10-2017


1 Practical and Written Assessment

Assessment Title Practical and Written Assignment
Task Description

This assessment task assesses mainly the financial accounting component of the unit and consists of two parts.

Part A (20%) is a written assignment and assesses foundation accounting issues and students' knowledge about financial statements.

Part B (20%) requires students to analyse and interpret the annual reports, financial statements, do a comparative analysis using ratio and trend analysis of prescribed companies and write an executive report in order to make an investment or a management decision.


Assessment Due Date Week 4 Thursday (03-Aug-2017) 11:45 PM AEST
Assessment part A is due in week 4 on Thursday the 3rd August, 2017 at 11.45pm AEST. Assessment part B is due in week 8 on Thursday the 7th September, 2017 at 11.45pm AEST.
Return Date to Students You will receive your assignment back two weeks from the date that your assignment reaches the marker.
Weighting 40%
Assessment Criteria

When preparing your assignment, you should refer to the assessment criteria as well as to any relevant advice posted in Moodle by the Unit Coordinator.

Late penalty of 5% per day will be applied for late submissions.

Referencing Style American Psychological Association (APA)
Submission Online

Ensure your student name and student ID appear on all pages of the documents you submit online.

Learning Outcomes Assessed
This section can be expanded to view the assessed learning outcomes

1. analyse and interpret the information provided from an accounting information system

2. critically analyse standard management problems, and using appropriate accounting analytical techniques, correctly determine the appropriate parameters for a management decision

3. demonstate an advanced knowledge of accounting tools and techniques for assisting managerial decision making by being able to critically analyse and report on the range of appropriate accounting methods applicable to a given management decision making problem

4. demonstrate accuracy in presenting or analysing accounting information in a range of business management problems presented in this unit.

Graduate Attributes
This section can be expanded to view the assessed graduate attributes

1. Knowledge

2. Communication

3. Cognitive, technical and creative skills



Examination

Outline Complete an examination
Date During the University examination period
Weighting 60%
Length 180 minutes
Details Dictionary - non-electronic, concise, direct translation only (dictionary must not contain any notes or comments).
Calculator - all non-communicable calculators, including scientific, programmable and graphics calculators are authorised.
Closed Book
Learning Outcomes Assessed
This section can be expanded to view the assessed learning outcomes

1. analyse and interpret the information provided from an accounting information system

2. critically analyse standard management problems, and using appropriate accounting analytical techniques, correctly determine the appropriate parameters for a management decision

3. demonstate an advanced knowledge of accounting tools and techniques for assisting managerial decision making by being able to critically analyse and report on the range of appropriate accounting methods applicable to a given management decision making problem

4. demonstrate accuracy in presenting or analysing accounting information in a range of business management problems presented in this unit.

Graduate Attributes
This section can be expanded to view the assessed graduate attributes

1. Knowledge

3. Cognitive, technical and creative skills


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