CQUniversity Unit Profile
ACCT20077 Accounting for Management Decision Making
Accounting for Management Decision Making
All details in this unit profile for ACCT20077 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

The aim of this unit is to provide people without an accounting background an overview of the knowledge, techniques and forms of communication used by accountants. This includes: an understanding of the information that is provided by an accounting information system; an insight into the managerial problems that are based on accounting information; an introduction to utilising accounting information for problem solving and a chance to apply the knowledge learned to realistic business problems. If you have successfully completed the unit ACCT20051 you should not enrol in this unit.

Details

Career Level: Postgraduate
Unit Level: Level 8
Credit Points: 6
Student Contribution Band: 10
Fraction of Full-Time Student Load: 0.125

Pre-requisites or Co-requisites

There are no requisites for this unit.

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 - 2017

Brisbane
Cairns
Distance
Melbourne
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 Postgraduate 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. Practical and Written Assessment
Weighting: 40%
2. Examination
Weighting: 60%

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 Moodle site and in class

Feedback

Assessments and resources

Recommendation

It is recommended to continue with the current course and assessment practice since the ongoing assessment method and the way the course is being designed and delivered is rightly aligned course learning outcomes and addresses students' needs and facilitates students' learning. It is recommended to provide a detailed feedback when the assignment feedback is given.

Action

The structure of the questions in the final exam was changed and students were given clear exam advice.

Unit Learning Outcomes
On successful completion of this unit, you will be able to:
  1. analyse and interpret the information provided from an accounting information system
  2. critically analyse standard management problems, and using appropriate accounting analytical techniques, correctly determine the appropriate parameters for a management decision
  3. demonstate an advanced knowledge of accounting tools and techniques for assisting managerial decision making by being able to critically analyse and report on the range of appropriate accounting methods applicable to a given management decision making problem
  4. demonstrate accuracy in presenting or analysing accounting information in a range of business management problems presented in this unit.
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 4
1 - Practical and Written Assessment - 40%
2 - Examination - 60%

Alignment of Graduate Attributes to Learning Outcomes

Graduate Attributes Learning Outcomes
1 2 3 4
1 - Knowledge
2 - Communication
3 - Cognitive, technical and creative skills
4 - Research
5 - Self-management
6 - Ethical and Professional Responsibility
7 - Leadership
8 - 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
1 - Practical and Written Assessment - 40%
2 - Examination - 60%
Textbooks and Resources

Textbooks

Prescribed

ACCT20077 Accounting for Management Decision Making

Edition: 1 (2017)
Authors: Sardesai
Pearson Australia
Victoria , Australia
ISBN: 9781488618055
Binding: Paperback

Additional Textbook Information

Students are advised to buy the e-text version of this textbook. This is available at a price of $50, and can be purchased online at: http://www.pearson.com.au/products/?sq=9781488618055.

However, paper textbooks are still available through 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)
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
Ann Sardesai Unit Coordinator
a.sardesai@cqu.edu.au
Schedule
Week 1 Begin Date: 06 Mar 2017

Module/Topic

Introduction to accounting

Chapter

1

Events and Submissions/Topic


Week 2 Begin Date: 13 Mar 2017

Module/Topic

Recording business transactions

Chapter

2

Events and Submissions/Topic


Week 3 Begin Date: 20 Mar 2017

Module/Topic

Measuring and reporting financial position

Chapter

3

Events and Submissions/Topic

Week 4 Begin Date: 27 Mar 2017

Module/Topic

Measuring and reporting financial performance

Chapter

4

Events and Submissions/Topic

Assessment Part A - Practical and written assignment (20%). Due on Thursday the 30th March, 2017 at 11.45pm AEST.

Practical and Written Assignment Due: Week 4 Thursday (30 Mar 2017) 11:45 pm AEST
Week 5 Begin Date: 03 Apr 2017

Module/Topic

Measuring and reporting cash flows

Chapter

5

Events and Submissions/Topic


Vacation Week Begin Date: 10 Apr 2017

Module/Topic


Chapter


Events and Submissions/Topic


Week 6 Begin Date: 17 Apr 2017

Module/Topic

Analysis and interpretation of financial statements

Chapter

6

Events and Submissions/Topic

Week 7 Begin Date: 24 Apr 2017

Module/Topic

Introduction to managerial accounting and cost-volume-profit analysis

Chapter

7, 8

Events and Submissions/Topic


Week 8 Begin Date: 01 May 2017

Module/Topic

Full costing

Chapter

9

Events and Submissions/Topic

Assessment Part B - Practical and written assignment (20%). Due on Thursday the 4th May, 2017 at 11.45pm AEST.

Week 9 Begin Date: 08 May 2017

Module/Topic

Budgeting

Chapter

10

Events and Submissions/Topic

.
Week 10 Begin Date: 15 May 2017

Module/Topic

Capital Investment decisions

Chapter

11

Events and Submissions/Topic


Week 11 Begin Date: 22 May 2017

Module/Topic

Trends and issues in accounting

Chapter

12

Events and Submissions/Topic


Week 12 Begin Date: 29 May 2017

Module/Topic

Revision

Chapter


Events and Submissions/Topic


Review/Exam Week Begin Date: 05 Jun 2017

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 12 Jun 2017

Module/Topic


Chapter


Events and Submissions/Topic


Assessment Tasks

1 Practical and Written Assessment

Assessment Title
Practical and Written Assignment

Task Description

This assessment task assesses mainly the financial accounting component of the unit and consists of two parts.

Part A (20%) is a written assignment and assesses foundation accounting issues and students' knowledge about financial statements.

Part B (20%) requires students to analyse and interpret the annual reports, financial statements, do a comparative analysis using ratio and trend analysis of prescribed companies and write an executive report in order to make an investment or a management decision.



Assessment Due Date

Week 4 Thursday (30 Mar 2017) 11:45 pm AEST

Assessment part A is due in week 4 on Thursday the 30th March, 2017 at 11.45pm AEST. Assessment part B is due in week 8 on Thursday the 4th May, 2017 at 11.45pm AEST.


Return Date to Students

You will receive your assignment back two weeks from the date that your assignment reaches the marker.


Weighting
40%

Assessment Criteria

When preparing your assignment, you should refer to the assessment criteria as well as to any relevant advice posted in Moodle by the Unit Coordinator.

Late penalty of 5% per day will be applied for late submissions.


Referencing Style

Submission
Online

Submission Instructions
Ensure your student name and student ID appear on all pages of the documents you submit online.

Learning Outcomes Assessed
  • analyse and interpret the information provided from an accounting information system
  • critically analyse standard management problems, and using appropriate accounting analytical techniques, correctly determine the appropriate parameters for a management decision
  • demonstate an advanced knowledge of accounting tools and techniques for assisting managerial decision making by being able to critically analyse and report on the range of appropriate accounting methods applicable to a given management decision making problem
  • demonstrate accuracy in presenting or analysing accounting information in a range of business management problems presented in this unit.


Graduate Attributes
  • Knowledge
  • Communication
  • Cognitive, technical and creative skills

Examination

Outline
Complete an invigilated examination

Date
During the examination period at a CQUniversity examination centre

Weighting
60%

Length
180 minutes

Exam Conditions
Closed Book

Materials
Calculator - all non-communicable calculators, including scientific, programmable and graphics calculators are authorised
Dictionary - non-electronic, concise, direct translation only (dictionary must not contain any notes or comments).
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?