CQUniversity Unit Profile
ACCT19060 Management Accounting
Management Accounting
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The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.
Corrections

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.

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 1 - 2020

Brisbane
Melbourne
Online
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
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 and Resources

Textbooks

Prescribed

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

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
  • Microsoft Excel
  • Microsoft Powerpoint
  • Microsoft 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
Maria Tyler Unit Coordinator
m.tyler@cqu.edu.au
Martin Turner Unit Coordinator
m.turner@cqu.edu.au
Schedule
Week 1 Begin Date: 09 Mar 2020

Module/Topic

Introduction to Managerial Accounting

Chapter

1

Events and Submissions/Topic

Week 2 Begin Date: 16 Mar 2020

Module/Topic

Basic managerial accounting concepts

Chapter

2

Events and Submissions/Topic

Week 3 Begin Date: 23 Mar 2020

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).

Week 4 Begin Date: 30 Mar 2020

Module/Topic

Cost behaviour

Chapter

3

Events and Submissions/Topic

Week 5 Begin Date: 06 Apr 2020

Module/Topic

Short-run decision making: Relevant costing

Chapter

12

Events and Submissions/Topic

Vacation Week Begin Date: 13 Apr 2020

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.

Week 6 Begin Date: 20 Apr 2020

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.

Week 7 Begin Date: 27 Apr 2020

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).

Week 8 Begin Date: 04 May 2020

Module/Topic

Activity-based costing

Chapter

6

Events and Submissions/Topic

Week 9 Begin Date: 11 May 2020

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.

Week 10 Begin Date: 18 May 2020

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
Week 11 Begin Date: 25 May 2020

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
Week 12 Begin Date: 01 Jun 2020

Module/Topic

Revision

Chapter

Events and Submissions/Topic

Please review the revision and exam study materials in the Week 12 resources on Moodle.

Review/Exam Week Begin Date: 08 Jun 2020

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 15 Jun 2020

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 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.


Number of Quizzes

4


Frequency of Quizzes

Other


Assessment Due Date

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.


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
Complete each quiz online in Moodle, through the relevant link in the Assessment block. Submit within 60 minutes from starting time. You only have one attempt for each test. Please start the test at least 60 minutes before it closes. When the test closes, 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 experience problems with the technology, please take screenshots as evidence and email your Unit Coordinator immediately.

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

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. 


Assessment Due Date

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.


Return Date to Students

Your assignments will be marked promptly; and within two weeks of submission.


Weighting
30%

Assessment Criteria

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


Referencing Style

Submission
Online

Submission Instructions
Submit online in Moodle through the relevant links for each part, in the Assessment block.

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 - non-programmable, no text retrieval, silent only
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?