CQUniversity Unit Profile
ACCT19060 Term 1 - 2021
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 1 - 2021

Online

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. Online Test
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 feedback

Feedback

It would be great if the assessments were more authentic and realistic.

Recommendation

The assessments will be made more authentic and realistic by giving students opportunities to apply concepts to more realistic situations.

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 - Online Test - 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 - Online Test - 50%
Textbooks and Resources

Textbooks

Prescribed

Managerial Accounting : Asia Pacific Edition with Online Study Tools 12 months 2nd edition (2019)

Authors: Mowen, Hansen, Heitger, Sands, Winata, Su
Cengage Learning Australia
South Melbourne South Melbourne , VIC , Australia
ISBN: 9780170413718
Binding: Paperback

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
  • Microsoft Excel (or equivalent)
Referencing Style

All submissions for this unit must use the referencing style: American Psychological Association 7th Edition (APA 7th edition)

For further information, see the Assessment Tasks.

Teaching Contacts
Gerard Ilott Unit Coordinator
g.ilott@cqu.edu.au
Schedule
Week 1 Begin Date: 08 Mar 2021

Module/Topic

Introduction to Managerial Accounting

Chapter

1

Events and Submissions/Topic

Week 2 Begin Date: 15 Mar 2021

Module/Topic

Foundations of management accounting

Chapter

2

Events and Submissions/Topic

Week 3 Begin Date: 22 Mar 2021

Module/Topic

Understanding how costs behave

Chapter

3

Events and Submissions/Topic

Week 4 Begin Date: 29 Mar 2021

Module/Topic

Measuring the cost of production: Job-order costing

Chapter

4

Events and Submissions/Topic

Week 5 Begin Date: 05 Apr 2021

Module/Topic

Measuring the cost of production: Process costing

Chapter

5

Events and Submissions/Topic

Vacation Week Begin Date: 12 Apr 2021

Module/Topic

 

Chapter

Events and Submissions/Topic

Online Quizzes will appear in Moodle during this week.

Week 6 Begin Date: 19 Apr 2021

Module/Topic

Measuring the cost of production:  Activity-based costing

Chapter

6

Events and Submissions/Topic

Week 7 Begin Date: 26 Apr 2021

Module/Topic

Planning for business continuity: The master budget

Chapter

7

Events and Submissions/Topic

Week 8 Begin Date: 03 May 2021

Module/Topic

Management control and responsibility: The role of the flexible budget


Chapter

8 + 9

Events and Submissions/Topic

Practical and Written Assessment Due: Week 8 Monday (3 May 2021) 9:00 am AEST
Week 9 Begin Date: 10 May 2021

Module/Topic

Informing management decisions: Cost-volume-profit analysis

Chapter

10

Events and Submissions/Topic

Week 10 Begin Date: 17 May 2021

Module/Topic

Informing management decisions: Using relevant costing

Chapter

11

Events and Submissions/Topic

Week 11 Begin Date: 24 May 2021

Module/Topic

Supporting business strategy and performance

Chapter

16

Events and Submissions/Topic

Week 12 Begin Date: 31 May 2021

Module/Topic

Revision week

Chapter

Events and Submissions/Topic

Review/Exam Week Begin Date: 07 Jun 2021

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 14 Jun 2021

Module/Topic

Chapter

Events and Submissions/Topic

Online Quiz(zes) Due: Exam Week Friday (18 Jun 2021) 11:55 pm AEST
Assessment Tasks

1 Online Quiz(zes)

Assessment Title
Online Quiz(zes)

Task Description

This assessment task consists of two (2) on-line Quizzes, each weighs 10% of your final mark. Each quiz consists of 20 multiple choice questions. Each Quiz has a time limit of 60 minutes, meaning that you have 60 minutes from when you start your attempt to submit your answers. Many questions will require you to work through a practical or analytical process to find the one correct answer.


Both Quizzes will appear in Moodle during Vacation Week (following Week 5).



Number of Quizzes

2


Frequency of Quizzes

Other


Assessment Due Date

Exam Week Friday (18 Jun 2021) 11:55 pm AEST

Once the deadline has passed, both online quizzes will close and will not be re-opened.


Return Date to Students

Results will be available on Moodle immediately when you submit your on-line test.


Weighting
20%

Assessment Criteria

Quiz One will be based on the provided learning material from weeks 2–6.

Quiz Two will be based on the provided learning material from weeks 7–11.


The answers to the Quizzes are marked on-line based on accuracy. All questions will be based on the content provided during this term and will be consistent with questions provided in the supporting workshops.


Referencing Style

Submission
Online

Submission Instructions
Submit within 60 minutes from starting time. You only have one attempt for each test. Your attempt will be saved automatically if you exceed the time limit. Please ensure that you save your answers throughout your attempt.

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 2 consists of two (2) parts. Each part is worth 15% of your final mark. Part A is designed to enhance your skills in the planning, designing and using of spreadsheets. Part B is designed to enhance your critical thinking, decision-making, and analytical skills, and your ability to apply theory to a fictitious practical situation. In Part A you will be required to construct an analysis of data using Microsoft Excel (or an equivalent application). In Part B you will be required to provide an analysis of your findings (from Part A) in the form of a well-formatted written report.

This assessment will be based on the learning materials provided during Modules 1–5 of this unit.

 .


Assessment Due Date

Week 8 Monday (3 May 2021) 9:00 am AEST


Return Date to Students

Week 10 Monday (17 May 2021) 12:00 am AEST


Weighting
30%

Assessment Criteria

A detailed assessment criteria will be provided on Moodle during Week 1. You will be assessed as follows:

  • Ability to use spreadsheet technology to analyse and report on an accounting problem (40%)
  • Ability to construct and present a coherent written report that informs the reader of a solution to an accounting problem (40%)
  • Presentation (10%)
  • Writing (10%)


Referencing Style

Submission
Online

Submission Instructions
Submit online in Moodle through the relevant link 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

3 Online Test

Assessment Title
Online Test

Task Description

Assessment 3 is an individual task which is designed to enhance your critical thinking, problem-solving, decision-making and analytical skills. The Test will be provided on Moodle during the review/exam period.


Assessment Due Date

The assessment will be in the review/exam period.


Return Date to Students

Results will be released upon certification of grades.


Weighting
50%

Assessment Criteria

Exam-like questions will be set to assess your critical thinking, problem-solving, decision-making and analytical skills. You will be assessed according to your ability to correctly and accurately respond to the problems and questions provided.


Referencing Style

Submission
Online

Submission Instructions
Detailed instructions will be provided for you at the time of the assessment.

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

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.

What can you do to act with integrity?

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.