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

This unit introduces you to the techniques and information provided by accounting information systems to resolve managerial problems. In this unit you will examine the managing and reporting of a company’s financial position, financial performance and cash flows. You will analyse and interpret a company’s financial statements, and examine the different forms of cost-volume-profit analysis. You will also examine full costing and budgeting techniques, capital investment strategies and current trends and issues in accounting.

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 3 - 2020

Melbourne
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 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. Take Home Exam
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 Evaluations

Feedback

More 'real time" zoom sessions.

Recommendation

The number of "real time" zoom sessions will be increased.

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. Demonstrate 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 - Take Home Exam - 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

Alignment of Assessment Tasks to Graduate Attributes

Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7
1 - Practical and Written Assessment - 40%
2 - Take Home Exam - 60%
Textbooks and Resources

Textbooks

Prescribed

ACCT20077 Accounting for Management Decision Making ()

Authors: Compiled by Ann Sardesai
Pearson Education Custom
ISBN: 9781488618413
Binding: Hardcover

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 7th Edition (APA 7th edition)

For further information, see the Assessment Tasks.

Teaching Contacts
Mohammad Ferdous Unit Coordinator
m.i.ferdous@cqu.edu.au
Robert Grose Unit Coordinator
r.grose@cqu.edu.au
Schedule
Week 1 Begin Date: 09 Nov 2020

Module/Topic

Introduction to accounting

Chapter

1

Events and Submissions/Topic

Week 2 Begin Date: 16 Nov 2020

Module/Topic

Recording business transactions

Chapter

2

Events and Submissions/Topic

Week 3 Begin Date: 23 Nov 2020

Module/Topic

Measuring and reporting financial position

Chapter

3

Events and Submissions/Topic

Week 4 Begin Date: 30 Nov 2020

Module/Topic

Measuring and reporting financial performance

Chapter

4

Events and Submissions/Topic

Vacation Week Begin Date: 07 Dec 2020

Module/Topic

Chapter

Events and Submissions/Topic

Week 5 Begin Date: 14 Dec 2020

Module/Topic

Measuring and reporting cash flows

Chapter

5

Events and Submissions/Topic

Assessment Part A - Practical and written assignment (20%). Due on Thursday 17 December 2020 at 11.45 pm AEST.

Week 6 Begin Date: 21 Dec 2020

Module/Topic

Analysis and interpretation of financial statements

Chapter

6

Events and Submissions/Topic

Vacation Week Begin Date: 28 Dec 2020

Module/Topic

Chapter

Events and Submissions/Topic

Week 7 Begin Date: 04 Jan 2021

Module/Topic

Introduction to managerial accounting and cost-volume profit analysis

Chapter

7& 8

Events and Submissions/Topic

Week 8 Begin Date: 11 Jan 2021

Module/Topic

Full costing

Chapter

9

Events and Submissions/Topic

Week 9 Begin Date: 18 Jan 2021

Module/Topic

Budgeting

Chapter

10

Events and Submissions/Topic

Assessment Part B - Practical and written assignment (20%). Due on Thursday 21 January 2021 at 11.45 pm AEST.

Week 10 Begin Date: 25 Jan 2021

Module/Topic

Capital investment decisions

Chapter

11

Events and Submissions/Topic

Week 11 Begin Date: 01 Feb 2021

Module/Topic

Trends and issues in accounting

Chapter

12

Events and Submissions/Topic

Week 12 Begin Date: 08 Feb 2021

Module/Topic

Revision

Chapter

Chapter 1-12

Events and Submissions/Topic

Exam Week Begin Date: 15 Feb 2021

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Practical and Written Assessment

Assessment Title
Practical and Written Assessment

Task Description

This assessment task consists of two parts. Part A (20%) is a written assignment and assesses the student's knowledge of foundational accounting concepts and financial statements. Part B (20%) requires students to analyse and interpret the annual reports of prescribed companies. This will involve a comparative analysis using ratio and trend analyses of financial statements. Students will then write an executive report to support an investment or a management decision.


Assessment Due Date

Part A is due Week 5 Thursday (17 December 2020) 11.45 PM AEST and Part B is due Week 9 Thursday (21 January 2021) 11.45 PM AEST


Return Date to Students

Assignment will be returned back to students two weeks from the date the 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
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
  • Demonstrate 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

2 Take Home Exam

Assessment Title
TAKE HOME EXAM

Task Description

This assessment task assesses both the financial accounting and management accounting component of the unit. This is an individual assessment and duration is 3 hours. Students must submit their exam through Turnitin.

It is preferred that you type your answer in the examination document. If you wish to handwrite your answer, then print the document, write your answer (legibly) in black pen, and then scan it as a pdf.


Assessment Due Date

During the University examination period


Return Date to Students

Weighting
60%

Assessment Criteria

Questions in the examination are based on the material covered in the chapters as listed in the unit profile. The selected weekly exercises available on Moodle for homework and workshop from the prescribed textbook are useful exercises to practice on to comprehend this material. However, students must be familiar with all material in the prescribed textbook and covered in the workshops and lecture power point slides, including examples. When preparing your exam, you should refer to the assessment criteria as well as to any relevant advice posted in Moodle by the Unit Coordinator.


Referencing Style

Submission
Online

Submission Instructions
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
  • Demonstrate 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
  • Cognitive, technical and creative skills

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.