CQUniversity Unit Profile
ACCT19060 Management Accounting
Management Accounting
All details in this unit profile for ACCT19060 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.
General Information

Overview

This unit builds on the concepts of managerial accounting introduced in first-year accounting. The unit develops underlying concepts and applications of management accounting tools based on the traditional allocation approach and absorption costing method. Activity based costing and its use to manage activities is introduced. In this unit you will integrate theoretical and technical management accounting knowledge, exercise judgment, and employ critical thinking skills in applying management accounting concepts and tools to solve problems, make management accounting decisions and evaluate the impact of these decisions on profitability.

Details

Career Level: Undergraduate
Unit Level: Level 2
Credit Points: 6
Student Contribution Band: 10
Fraction of Full-Time Student Load: 0.125

Pre-requisites or Co-requisites

Prerequisite: ACCT11081 or ACCT19084

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Offerings For Term 2 - 2019

Brisbane
Bundaberg
Cairns
Mackay
Melbourne
Online
Rockhampton
Sydney

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).

Class and Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate 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

Bundaberg, Cairns, Emerald, Gladstone, Mackay, Rockhampton, Townsville
Adelaide, Brisbane, Melbourne, Perth, Sydney

Assessment Overview

1. Online Quiz(zes)
Weighting: 20%
2. Practical and Written Assessment
Weighting: 30%
3. Examination
Weighting: 50%

Assessment Grading

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 Policy for more details of interim results and final grades.

Previous Student Feedback

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 from Student evaluation

Feedback

It is difficult to hear student responses in the video recordings.

Recommendation

Student responses and questions during the video recording will be repeated.

Feedback from Student evaluation

Feedback

The 48 hour window to do the on-line quizzes are challenging for some students who are working full time.

Recommendation

The window to do the on-line quizzes will be extended to two weeks.

Unit Learning Outcomes
On successful completion of this unit, you will be able to:
  1. Exercise judgment under supervision to provide possible solutions to routine problems and make decisions in management accounting
  2. Integrate theoretical and technical management accounting knowledge in applying numerous cost concepts and pricing approaches to solve routine management accounting problems and to make decisions
  3. Critically apply theoretical and technical management accounting knowledge and skills to solve routine management accounting problems and make decisions
Alignment of Learning Outcomes, Assessment and Graduate Attributes
N/A Level
Introductory Level
Intermediate Level
Graduate Level
Professional Level
Advanced Level

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2 3
1 - Online Quiz(zes) - 20%
2 - Practical and Written Assessment - 30%
3 - Examination - 50%

Alignment of Graduate Attributes to Learning Outcomes

Graduate Attributes Learning Outcomes
1 2 3
1 - Communication
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
5 - Team Work
6 - Information Technology Competence
7 - Cross Cultural Competence
8 - Ethical practice
9 - Social Innovation

Alignment of Assessment Tasks to Graduate Attributes

Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9
1 - Online Quiz(zes) - 20%
2 - Practical and Written Assessment - 30%
3 - Examination - 50%
Textbooks and Resources

Textbooks

Prescribed

Managerial Accounting Asia-Pacific edition (2016)

Authors: Mowen, Hansen, Heitger, Sands, Winata, Su
Cengage Learning
Melbourne Melbourne , Victoria , Australia
ISBN: 9780170258616
Binding: Paperback

Additional Textbook Information

The prescribed textbook is the first edition (2016), as all the teaching materials were developed using the first edition. After developing all the teaching materials, the publisher made the second edition available. You can purchase either of the two editions. 

You can puchase the first edition as follow: (a)  secondhand hard copy, and (b) the eBook version of the 1st edition with Student Resource Access using this link - https://www.cengagebrain.com.au/shop/ISBN/9780170379700 

You can purchase the second edtion as follow: (a) CQUniversity library, and (b) through www.cengagebrain.com.au

Please note: there are a few subtle differences between the two editions. For example:

1. some of the exercise numbers at the end of some chapters have changed. The questions and answers are still the same.

2.chapter 11 in the first edition is now chapter 10 in the second edition.

3. chapter 12 in the first edition is now chapter 11 in the second edition.

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
  • Access to a spreadsheet program such as Excel
  • Word processing software such as MS Word
Referencing Style

All submissions for this unit must use the referencing style: American Psychological Association 6th Edition (APA 6th edition)

For further information, see the Assessment Tasks.

Teaching Contacts
Natasja Steenkamp Unit Coordinator
n.steenkamp@cqu.edu.au
Schedule
Week 1 Begin Date: 15 Jul 2019

Module/Topic

Introduction to Managerial Accounting

Chapter

1

Events and Submissions/Topic

Week 2 Begin Date: 22 Jul 2019

Module/Topic

Basic managerial accounting concepts

Chapter

2

Events and Submissions/Topic

Week 3 Begin Date: 29 Jul 2019

Module/Topic

Master budget and behavioural issues

Chapter

7

Events and Submissions/Topic

Assessment task 1: on-line test 1. Opens Thursday 1 August at 1pm AEST (assesses Chapters 1 and 2)

Week 4 Begin Date: 05 Aug 2019

Module/Topic

Cost behaviour

Chapter

3

Events and Submissions/Topic

Week 5 Begin Date: 12 Aug 2019

Module/Topic

Short-run decision making: Relevant costing

Chapter

12

Events and Submissions/Topic

Vacation Week Begin Date: 19 Aug 2019

Module/Topic

Chapter

Events and Submissions/Topic

Week 6 Begin Date: 26 Aug 2019

Module/Topic

Job-order costing

Chapter

4

Events and Submissions/Topic

Assessment task 2: Part A (15% practical part, assessing Chapter 7) Due Monday 26 August at 11:45pm AEST


Week 7 Begin Date: 02 Sep 2019

Module/Topic

Process costing

Chapter

5

Events and Submissions/Topic

Assessment task 1: On-line test 2. Opens Thursday 5 September at 1pm AEST (assesses Chapters 3 and 4).

Week 8 Begin Date: 09 Sep 2019

Module/Topic

Activity-based costing

Chapter

6

Events and Submissions/Topic

Assessment task 2: Part B (15% practical and written part, assessing Chapter 12) Due Monday 9 September at 11:45pm AEST

Week 9 Begin Date: 16 Sep 2019

Module/Topic

Standard costing: A managerial control tool

Chapter

8

Events and Submissions/Topic

Assessment task 1: on-line test 3. Opens Thursday 19 September at 1pm AEST (assesses Chapters 5 and 6)

Week 10 Begin Date: 23 Sep 2019

Module/Topic

Flexible budgets and overhead analysis

Chapter

9

Events and Submissions/Topic


Week 11 Begin Date: 30 Sep 2019

Module/Topic

Cost-volume-profit analysis: A managerial planning tool

Chapter

11

Events and Submissions/Topic

Assessment task 1: on-line test 4. Opens Thursday 3 October at 1pm AEST (assesses Chapters 8 and 9)

Week 12 Begin Date: 07 Oct 2019

Module/Topic

Revision

Chapter

Events and Submissions/Topic

Review/Exam Week Begin Date: 14 Oct 2019

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 21 Oct 2019

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Online Quiz(zes)

Assessment Title
online quiz(zes) 20%

Task Description

This assessment task consists of four (4) on-line tests, each weighs 5% of your final mark. Each test consists of 20 multiple choice questions. In the corporate world, especially in accounting roles, you will have limited time to complete your tasks. To help you to develop skills to meet deadlines and complete tasks within a limited timeframe, you have to complete these on-line tests within a 48 hour window. Each test has a time limit of 40 minutes, meaning  you have 40 minutes from when you start your attempt to submit your answers.

An optional practice test is available so that you can familiarise yourself with using the technology. The result of the practice test will not be included in your grade.


Number of Quizzes

4


Frequency of Quizzes

Other


Assessment Due Date

Due in weeks 3, 7, 9 and 11. Please note these dates in your diaries now so that you do not miss the tests. Each test opens 1pm AEST on the Thursday of the particular week in which the test is due. Each test is open for 48 hours only. Each test will assess the content taught over two weeks. Test 1 assesses chapters 1 and 2; test 2 assesses chapters 3 and 4; test 3 assesses chapters 5 and 6; and test 4 assesses chapters 8 and 9.


Return Date to Students

Results will be available on Moodle immediately when you submit your on-line test. The answers cannot be made available.


Weighting
20%

Assessment Criteria

The tests are marked on-line and the answers are based on accuracy. The questions and the answers to these tests are not available after the tests.


Referencing Style

Submission
Online

Submission Instructions
Submit within 40 minutes from starting time. You only have one attempt for each test. Please start the test at least 40 minutes before it closes at 1pm AEST on the Saturday of the assessment period. The test closes at 1pm and the system will log you out automatically and submit your answers. Also, your attempt will be saved automatically if you exceed the time limit. Please ensure that you save your answers throughout your attempt. If you do not and experience problems with the technology, your answers will not be saved and you will not get a second opportunity to undertake the test. Please take screenshots of any problems you may encounter with technology as evidence.

Learning Outcomes Assessed
  • Exercise judgment under supervision to provide possible solutions to routine problems and make decisions in management accounting
  • Integrate theoretical and technical management accounting knowledge in applying numerous cost concepts and pricing approaches to solve routine management accounting problems and to make decisions
  • Critically apply theoretical and technical management accounting knowledge and skills to solve routine management accounting problems and make decisions


Graduate Attributes
  • Problem Solving
  • Critical Thinking

2 Practical and Written Assessment

Assessment Title
Practical and written assessment

Task Description

Assessment task 2 consists of two parts, both weighing 15% of the final grade. Part A is designed to enhance your skills in the planning, designing and using of spreadsheets. You will be required to use spreadsheets such as excel in Microsoft Office in doing Part A. Part B is designed to enhance your communication, critical thinking, decision-making, and analytical skills, and your ability to apply theory to a fictitious practical situation. In Part B, you may be asked to write an essay or report or to simply answer questions relating to various costing issues that need to be considered in making decisions. Part A and Part B are not related, hence it is not necessary that you get the results of Part A back before you will be able to start or do Part B.

The questions for both parts will be uploaded to Moodle in the Assessment block during the term. Please check Moodle and your email regularly for any updates or information relating to both parts of assessment task 2 during the term.


Assessment Due Date

Part A (practical part) of assessment task 2 is due Monday 26 August at 11.45pm AEST, in week 6. Part B (practical and written part) of assessment task 2 is due in week 8, on Monday 9 September at 11:45pm AEST.


Return Date to Students

Part A assignments will be returned to students by 4pm AEST on Tuesday 10 September for Part A, and on Tuesday 24 September for Part B. If you submit your assignment late, including receiving an extension, it will not be returned on these dates. All late submissions are marked together. Consequently, you may only get your marked assignment back around 2 weeks after the other assignments. Further, if the marker finds unusual anomalies in your assignment, the Unit Coordinator will investigate the matter and if plagiarim is suspected, lodge a PIR. Your assignment will only be returned once this matter has been resolved. To avoid this, do your own work.


Weighting
30%

Assessment Criteria

A marking criteria sheet for each part will be provided with the Assignment Questions, indicating how marks will be allocated.

You can choose to do both parts of assessment task 2 as an individual or in a pair, thus limited to two (2) students. If you choose to do it in a pair, you must email the Unit Coordinator seeking approval to do so before the dates that will be provided in the Assignment Questions. Please ensure that you send these emails to the correct email address as given in the Unit Profile.

Please note that there is a 5% penalty per day of the potential mark for late submissions.


Referencing Style

Submission
Online

Submission Instructions
If you work in a pair, only one student must submit the assignment to Moodle. Include the names of both students on the submitted assignment.

Learning Outcomes Assessed
  • Exercise judgment under supervision to provide possible solutions to routine problems and make decisions in management accounting
  • Integrate theoretical and technical management accounting knowledge in applying numerous cost concepts and pricing approaches to solve routine management accounting problems and to make decisions
  • Critically apply theoretical and technical management accounting knowledge and skills to solve routine management accounting problems and make decisions


Graduate Attributes
  • Communication
  • Problem Solving
  • Critical Thinking

Examination

Outline
Complete an invigilated examination

Date
During the examination period, at a CQUniversity examination centre

Weighting
50%

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
Academic Integrity Statement

As a CQUniversity student you are expected to act honestly in all aspects of your academic work.

Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.

When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.

Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.

As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.

What is a breach of academic integrity?

A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.

Why is academic integrity important?

A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.

Where can I get assistance?

For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.

What can you do to act with integrity?