Unit Profile Correction added on 23-03-20
The end of term examination has now been changed to an alternate form of assessment. Please see your Moodle site for details of the assessment.
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
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 1 - 2020
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).
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
Assessment Overview
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.
All University policies are available on the CQUniversity Policy site.
You may wish to view these policies:
- Grades and Results Policy
- Assessment Policy and Procedure (Higher Education Coursework)
- Review of Grade Procedure
- Student Academic Integrity Policy and Procedure
- Monitoring Academic Progress (MAP) Policy and Procedure – Domestic Students
- Monitoring Academic Progress (MAP) Policy and Procedure – International Students
- Student Refund and Credit Balance Policy and Procedure
- Student Feedback – Compliments and Complaints Policy and Procedure
- Information and Communications Technology Acceptable Use Policy and Procedure
This list is not an exhaustive list of all University policies. The full list of University policies are available on the CQUniversity Policy site.
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
It is difficult to hear student responses in the video recordings.
Student responses and questions during the video recording will be repeated.
Feedback from Student evaluation
The 48 hour window to do the on-line quizzes are challenging for some students who are working full time.
The window to do the on-line quizzes will be extended to two weeks.
- 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
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 | |||
| 10 - Aboriginal and Torres Strait Islander Cultures | |||
Alignment of Assessment Tasks to Graduate Attributes
| Assessment Tasks | Graduate Attributes | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
| 1 - Online Quiz(zes) - 20% | ||||||||||
| 2 - Practical and Written Assessment - 30% | ||||||||||
| 3 - Examination - 50% | ||||||||||
Textbooks
Managerial Accounting : Asia Pacific Edition with Online Study Tools 12 months
2nd edition (2018)
Authors: Mowen, Hansen, Heitger, Sands, Winata, Su
Cengage Learning Australia
South Melbourne South Melbourne , VIC , Australia
ISBN: 9780170413718
Binding: Paperback
Additional Textbook Information
Copies can be purchased from the CQUni Bookshop here: http://bookshop.cqu.edu.au
IT Resources
- CQUniversity Student Email
- Internet
- Unit Website (Moodle)
- Microsoft Excel
- Microsoft Powerpoint
- Microsoft Word
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.
m.tyler@cqu.edu.au
m.turner@cqu.edu.au
Module/Topic
Introduction to Managerial Accounting
Chapter
1
Events and Submissions/Topic
Module/Topic
Basic managerial accounting concepts
Chapter
2
Events and Submissions/Topic
Module/Topic
Master budget and behavioural issues
Chapter
7
Events and Submissions/Topic
You have covered the content you need to in order to complete your first Quiz (Assessment 1). Please go to Moodle and complete Quiz 1 (assesses Chapters 1 and 2).
Module/Topic
Cost behaviour
Chapter
3
Events and Submissions/Topic
Module/Topic
Short-run decision making: Relevant costing
Chapter
12
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
Part A of your Assessment 2 (Practical and Written Assessment) is due next week! Ensure that you have given feedback to at least three others on their Step 3 of Part A.
Module/Topic
Job-order costing
Chapter
4
Events and Submissions/Topic
Part A of your Assessment 2 (Practical and Written Assessment) is due at 11am AEST on Wednesday of Week 6.
Module/Topic
Process costing
Chapter
5
Events and Submissions/Topic
You have covered the content you need to in order to complete your second Quiz (Assessment 1). Please go to Moodle and complete Quiz 2 (assesses Chapters 3 and 4).
Module/Topic
Activity-based costing
Chapter
6
Events and Submissions/Topic
Module/Topic
Standard costing: A managerial control tool
Chapter
8
Events and Submissions/Topic
You have covered the content you need to in order to complete your third Quiz (Assessment 1). Please go to Moodle and complete Quiz 3 (assesses Chapters 5 and 6).
Part B of your Assessment 2 (Practical and Written Assessment) is due next week! Ensure that you have given feedback to at least three others on their Step 3 of Part B.
Module/Topic
Flexible budgets and overhead analysis
Chapter
9
Events and Submissions/Topic
Exam Advice is available in Moodle under the Week 12 resources.
Practical and written assessment Due: Week 10 Wednesday (20 May 2020) 11:00 am AEST
Module/Topic
Cost-volume-profit analysis: A managerial planning tool
Chapter
11
Events and Submissions/Topic
You have covered the content you need to in order to complete your final Quiz (Assessment 1). Please go to Moodle and complete Quiz 4 (assesses Chapters 8 and 9).
Online quiz(zes) 20% Due: Week 11 Friday (29 May 2020) 5:00 pm AEST
Module/Topic
Revision
Chapter
Events and Submissions/Topic
Please review the revision and exam study materials in the Week 12 resources on Moodle.
Module/Topic
Chapter
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
1 Online Quiz(zes)
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 time frame, you have to complete these on-line tests before 5pm AEST on the Friday of Week 11. Each test has a time limit of 60 minutes, meaning that you have 60 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.
4
Other
Week 11 Friday (29 May 2020) 5:00 pm AEST
You are encouraged to complete the tests in weeks 3, 7, 9 and 11. Please note these dates in your diaries now. Each test will assess the content taught over two weeks as indicated on Moodle.
Results will be available on Moodle immediately when you submit your on-line test. The answers cannot be made available.
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.
- 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
- Problem Solving
- Critical Thinking
2 Practical and Written Assessment
The assignment for this unit consists of two (2) parts, each with four (4) steps. Each part is worth 15% of your final mark. As you complete these parts, you will explore practical applications of the master budget and behavioural issues, short run decision making and relevant costing, job order costing and process costing. You will have the opportunity of preparing a presentation on these key topics using PowerPoint software and be able to expand your Excel skills when you create your own tutorial questions and solutions on these topics. As well, you will have the opportunity to experience how interacting with others in the unit may be able to help you to better understand the concepts we will be studying through the feedback process incorporated into your assignment. The full assignment requirements will be uploaded to Moodle in the Assessment block during the term.
Week 10 Wednesday (20 May 2020) 11:00 am AEST
Part A is due 11am AEST Wednesday of Week 6; Part B is due 11am AEST Wednesday of Week 10.
Your assignments will be marked promptly; and within two weeks of submission.
Your assignment will be marked according to a specific marking rubric, which is detailed. This marking criteria appears as a separate document in Moodle, called ‘Assignment Marking Criteria Table and Marking Rubric’. In summary, your marks for each part will be allocated as follows:
Parts A and B - each worth 15 marks:
| Step 1: KCQ reflections | 5 |
| Step 2: PowerPoint presentation | 5 |
| Step 3: Tutorial question | 5 |
- 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
- Communication
- Problem Solving
- Critical Thinking
Examination
Calculator - non-programmable, no text retrieval, silent only
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?
