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 - 2024
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
Learning resources
Develop clear unit requirements.
Feedback from Student evaluation
Learning resources
Improve the quality of the learning materials, especially the video resources.
Feedback from Student evaluation
Learning resources
Provide clear and useful feedback on assessments.
- 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 - 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 | |||
| 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
IT Resources
- CQUniversity Student Email
- Internet
- Unit Website (Moodle)
- Zoom capacity (webcam and microphone) will be required for online students
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.
jingduan.li@cqu.edu.au
Module/Topic
The Manager and Management Accounting
Chapter
1
Events and Submissions/Topic
Assessment Task 1: Online Quiz 1
Module/Topic
An Introduction to Cost Terms and Purposes
Chapter
2
Events and Submissions/Topic
Assessment Task 1: Online Quiz 2
Module/Topic
Cost-Volume-Profit Analysis
Chapter
3
Events and Submissions/Topic
Assessment Task 1: Online Quiz 3
Module/Topic
Job Costing
Chapter
4
Events and Submissions/Topic
Assessment Task 1: Online Quiz 4
Module/Topic
Activity-Based Costing and Activity-Based Management
Chapter
5
Events and Submissions/Topic
Assessment Task 1: On-line Quiz 5
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 6
Module/Topic
Flexible Budgets, Direct Cost Variances and Management Control
Chapter
7
Events and Submissions/Topic
Assessment Task 1: Online Quiz 7
Module/Topic
Flexible Budgets, Overhead Cost Variances, and Management Control
Chapter
8
Events and Submissions/Topic
Assessment Task 1: Online Quiz 8
Module/Topic
Decision Making and Relevant Information
Chapter
12
Events and Submissions/Topic
Assessment Task 1: Online Quiz 9
Assessment Task 2 Part B: Practical and Written Assessment (30%) due on Friday, Week 9, 11:45 PM AEST.
Module/Topic
Strategy, Balanced Scorecard, and Strategic Profitability Analysis
Chapter
13
Events and Submissions/Topic
Assessment Task 1: Online Quiz 10
Module/Topic
Revision Week
Chapter
Events and Submissions/Topic
Module/Topic
In-class group presentation.
Chapter
Events and Submissions/Topic
Assessment Task 3 Part A (30%): In-class group presentation.
Assessment Task 3 Part B (20%): Group report due on Friday, Week 12, 11:45 PM AEST.
Module/Topic
Chapter
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
1 Online Quiz(zes)
Each of the 10 online quizzes is worth 1% of the total grade for the unit. The quizzes will open weekly from weeks 1 to 10.
The materials assessed in each online test in a week will focus on key concepts and problems to be covered in that week. For example, online quiz 1 (which opens on Monday of week 1 and closes on Sunday of week 1) will assess the content to be taught in week 1.
Each online quiz will open at 9.00 AM AEST on Monday and close at 11.45 PM AEST on Sunday of the same week. You have a whole week to review your learning materials and attempt the online quiz for that week.
You have one attempt at each online test and 20 minutes to complete it. Each test consists of 10 multiple-choice questions.
10
Weekly
Each quiz is due Sunday at 11.45 PM AEST from weeks 1 to 10.
Your results of the quiz will be automatically generated and displayed upon completion of the quiz.
The assessment will assess students' understanding of the management accounting concepts and problems covered in the learning/teaching materials including textbook, lecture slides and recorded lectures. Each quiz is relevant to one unique chapter and will be marked electronically.
- 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 consists of two parts - PART A and PART B.
PART A (10%): This is an individual task that will assess how each student demonstrates engagement in the workshops from weeks 2 through 11.
Each workshop participation is worth 1% of the total grade for the unit. Students will be required to discuss how they understand and solve workshop questions each week.
Online students who are unable to attend the Zoom session due to work or family commitments will be required to write a small report discussing how they understand and solve workshop questions each week. The date and time for submission of this report will be provided through Moodle.
PART B (30%): This is a group task. Each group consisting of 3 to 4 students will be required to work on a single case or multiple cases and prepare an executive report. The content and format of the executive report will be provided on Moodle when the assessment task becomes available. The campus lecturer will form the groups for this assignment on each campus. Groups for online students will be formed and advised through Moodle by week 4.
The assessment task (Part B) will be available on Moodle in Week 5 and is due in Week 9.
Part A occurs every week from Weeks 2-11. Part B is due on Friday in Week 9 before 11.45 PM AEST.
Results for Part A will be available via the grade book on Moodle. Part B feedback will be due back on Friday in Week 11.
See Moodle
- 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 Online Test
This is a group assessment that builds on the work completed in Assessment 2 Part B. There are two parts to Assessment 3:
Part A- Group Presentation (30%): 10- to 12-minute group presentation in class that explains your findings to the firm's board of directors. Each group member will be expected to present their aspects in no more than 3 minutes. Your presentation must be delivered professionally and persuasively.
Part B- Group Report (20%): a group business report.
Part A occurs in Week 12 class. Part B is due on Friday in Week 12 before 11.45 PM AEST.
The results will be released on Moodle after grade certification date
See Moodle.
- 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?
