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 2 - 2022
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
Students want more clarity on the written and practical assessment and more feedback.
Detailed feedback was given and I have done the same in Term 2 as well. In term 2 I have ensured that the students click on the bubble to expand and read the feedback provided. I have also ensured that they share the same with the other team members as only one submission is made on behalf of the team. I believe this has helpd students.
Feedback from Student evaluation
Learning materials and relevance of the skills/knowledge in the unit scored low in the evaluations
Every care has been taken to ensure the learning material for the unit and its relevance in terms of skills and knowledge are appropriate. Topics chosen were current and to industry standards. Appropriate text books were utilised. I will await to see the response of students in Term 2, 2022 and revisit the unit again, to see if further changes are required.
- 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) - 10% | |||
| 2 - Practical and Written Assessment - 40% | |||
| 3 - Take Home Exam - 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 | |||
Textbooks
Horngren's Cost Accounting - A Managerial Emphasis
17th Global Edition (2021)
Authors: S.M. Datar and M.V. Rajan
Pearson
Sydney Sydney , NSW , Australia
ISBN: 978-1-292-36320-2
Binding: eBook
Additional Textbook Information
This book is available to read online through the Library website. If you would like your own copy, you can purchase both paper and eBook copies at the CQUni Bookshop here: http://bookshop.cqu.edu.au (search on the Unit code).
IT Resources
- CQUniversity Student Email
- Internet
- Unit Website (Moodle)
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.
a.sardesai@cqu.edu.au
Module/Topic
The Manager and Management Accounting
Chapter
1
Events and Submissions/Topic
Teaching staff will form groups of students who will work in groups and engage in group participation and discussion during weekly face to face or zoom workshops.
Assessment Task 1: Online Trial Quiz
Module/Topic
An Introduction to Cost Terms and Purposes
Chapter
2
Events and Submissions/Topic
Teaching staff will form groups of students who will work in groups and engage in group participation and discussion during weekly face to face or zoom workshops.
Assessment Task 1: Online Quiz 1
Module/Topic
Cost-Volume-Profit Analysis
Chapter
3
Events and Submissions/Topic
Assessment Task 1: Online Quiz 2
Module/Topic
Job Costing (also covers Process Costing)
Chapter
4
Events and Submissions/Topic
Assessment Task 1: Online Quiz 3
Module/Topic
Activity-Based Costing and Activity-Based Management
Chapter
5
Events and Submissions/Topic
Assessment Task 1: On-line Quiz 4
Assessment Task 2A: Practical and Written Assessment (20%) due on Thursday 11 Aug11:45 PM AEST.
Module/Topic
Chapter
Events and Submissions/Topic
Module/Topic
Master Budget and Responsibility Accounting (also covers Strategic Plans)
Chapter
6
Events and Submissions/Topic
Assessment Task 1: Online Quiz 5
Module/Topic
Flexible Budgets, Direct Cost Variances and Management Control
Chapter
7
Events and Submissions/Topic
Assessment Task 1: Online Quiz 6
Module/Topic
Flexible Budgets, Overhead Cost Variances, and Management Control
Chapter
8
Events and Submissions/Topic
Assessment Task 1: Online Quiz 7
Module/Topic
Decision Making and Relevant Information
Chapter
12
Events and Submissions/Topic
Assessment Task 1: Online Quiz 8
Assessment Task 2B: Practical and Written Assessment (20%) due on Thursday 15 Sep 11:45 PM AEST.
Module/Topic
Strategy, Balanced Scorecard, and Strategic Profitability Analysis
Chapter
13
Events and Submissions/Topic
Assessment Task 1: Online Quiz 9
Module/Topic
Allocation of Support-Department Costs, Common Costs, and Revenues
Chapter
16
Events and Submissions/Topic
Assessment Task 1: Online Quiz 10
Module/Topic
Chapter
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
1 Online Quiz(zes)
Each of the 10 on-line quizzes is worth 1% of the total grade for the unit. The on-line quizzes will be open on a weekly basis from weeks 1 to 11, with week 1 being a trial on-line test to get the students familiar with the process.
The materials assessed in each on-line test will be on key concepts to be covered in the week's workshop. For example on-line Test 1 (opens on the Monday of week 1 and closes on Friday of week 1) will assess the content to be taught in week 1. The purpose of the on-line quiz is to enable the students to prepare for the workshop prior to attending the workshop. This will allow students to grasp the material covered during the workshop, engage effectively with teams, and create a good learning environment in the workshop.
Each on-line quiz will open at 9.00 AM AEST on the Monday and close at 11.45 PM AEST on Friday. You have a whole week to review your learning materials and attempt the on-line quiz
You have one attempt for each on-line test and have 20 minutes to complete the same. Each test will consist of 10 multiple choice questions.
Due every week from weeks 2 to 11.
- 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
2 Practical and Written Assessment
This assessment task consists of two parts - PART A - Weekly workshop participation 10% and PART B - Group Written Assessment due in Week 9, worth 30%.
PART A - This assessment task consists of active student engagement during the weekly workshops over 10 weeks from week 2 through to week 11.
Each of the workshop participation is worth 1% totaling to 10% of the total grade for the unit.
Students within the workshop will be divided into groups during week 1 and required to stay within the group for the remainder of the term. Online students will be put in groups and will work within their groups in the breakout room.
Students will be assessed on actively engaging with their group during the workshop sessions wherein they will be required to work out problems, analyse and interpret the working of problems within their groups.
The purpose of this is to enable students to actively engage in discussions during the workshop and arrive at solutions/conclusions by working together as a team, thereby creating a conducive learning environment.
Online students who are unable to attend the zoom session due to work or family commitments will be required to complete the workshop questions and submit it every Monday before 11.45 PM AEST.
PART B - This assessment task consists of a case study and student groups will be required to review the case study and prepare an executive report.
Content and format of the executive report will be provided on moodle when the assessment task becomes available.
The assessment task will be available in moodle in Week 5 and is due in Week 9.
This assessment task is to be completed in a team of 3-5 students. Group numbers will depend on enrollment numbers each term. This assessment task is worth 30% of the total grade for the unit.
Part A occurs every week from weeks 2-11. Part B is due on Thursday in Week 9 before 11.45 PM AEST.
Results for Part A will be available via the grade book on moodle every week beginning week 3 to 12. Assignment 2B will be due back on Thursday, Week 11.
The assessment criteria for both Part A and Part B of this assessment includes the ability to interpret, analyse and report on the behaviour of costs and their management.
Students will also be assessed on the ability to analyse and report on the usefulness of management accounting for ensuring that business resources are allocated effectively and efficiently.
When preparing for the assignment, students should refer to specific assessment criteria outlined within the assignment as well as to any relevant advice posted in Moodle by the Unit Coordinator.
- 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.
3 Take Home Exam
The Invigilated Online Test is open-book and will be scheduled during the university exam period. You will be advised during the term of the scheduled date and time of the test.
The Invigilated Online Test will involve:
1. Accessing and answering the same on the Moodle platform with appropriate protocols in place.
Further information on the online exam will be available in week 10 and the Unit Coordinator will go through the same with you during that time.
Students will be provided 3 hours to undertake the online exam. This includes reading time.
The Online Test marks will be released when the final grades are released by the university.
No Assessment Criteria
No submission method provided.
- Exercise judgment under supervision to provide possible solutions to routine problems and make decisions in management accounting
- Critically apply theoretical and technical management accounting knowledge and skills to solve routine management accounting problems and make decisions.
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?
