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 2 - 2021

Brisbane
Melbourne
Online
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. Online Quiz(zes)
Weighting: 10%
2. Practical and Written Assessment
Weighting: 30%
3. 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 - Online Quiz(zes) - 10%
2 - Practical and Written Assessment - 30%
3 - 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 - Online Quiz(zes) - 10%
2 - Practical and Written Assessment - 30%
3 - Take Home Exam - 60%
Textbooks and Resources

Textbooks

Prescribed

Accounting an Introduction 8th interactive eBook (Revel) (2021)

Authors: P. Atrill, E. McLaney and D. Harvey
Pearson
Melbourne Melbourne , VICTORIA , Australia
ISBN: 9781488625695
Binding: eBook

Additional Textbook Information

Both the hardcopy and eBook can be purchased at the CQUni Bookshop here: https://bookshop.cqu.edu.au/ (search on the Unit code)

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
Ann Sardesai Unit Coordinator
a.sardesai@cqu.edu.au
Schedule
Week 1 Begin Date: 12 Jul 2021

Module/Topic

Introduction to Accounting

Chapter

1

Events and Submissions/Topic

Assessment Task 1: Online Trial Test

Week 2 Begin Date: 19 Jul 2021

Module/Topic

Measuring and Reporting Financial Position

Chapter

2

Events and Submissions/Topic

Assessment Task 1: Online Test 1


Week 3 Begin Date: 26 Jul 2021

Module/Topic

Measuring and Reporting Financial Performance

Chapter

3

Events and Submissions/Topic

Assessment Task 1: Online Test 2


Week 4 Begin Date: 02 Aug 2021

Module/Topic

Introduction to Limited Companies

Chapter

4

Events and Submissions/Topic

Assessment Task 1: Online Test 3


Week 5 Begin Date: 09 Aug 2021

Module/Topic

Regulatory Framework for Companies

Chapter

5

Events and Submissions/Topic

Assessment Task 1: On-line Test 4

Assessment Task 2A: Practical and Written Assessment (10%) due on Thursday 12 Aug 11:45 PM AEST.


PRACTICAL AND WRITTEN ASSESSMENT (PART A & B) Due: Week 5 Thursday (12 Aug 2021) 11:45 pm AEST
Vacation Week Begin Date: 16 Aug 2021

Module/Topic

Chapter

Events and Submissions/Topic

Week 6 Begin Date: 23 Aug 2021

Module/Topic

Measuring and Reporting Cash Flows

Chapter

6

Events and Submissions/Topic

Assessment Task 1: Online Test 5


Week 7 Begin Date: 30 Aug 2021

Module/Topic

Corporate Social Responsibility and Sustainability Reporting

Chapter

7

Events and Submissions/Topic

Assessment Task 1: Online Test 6


Week 8 Begin Date: 06 Sep 2021

Module/Topic

Analysis and Interpretation of Financial Statements

Chapter

8

Events and Submissions/Topic

Assessment Task 1: Online Test 7


Week 9 Begin Date: 13 Sep 2021

Module/Topic

Cost-Volume-Profit Analysis and Relevant Costing

Chapter

9

Events and Submissions/Topic

Assessment Task: Online Test 8

Assessment Task 2B: Practical and Written Assessment (20%) due on Thursday 16 Sep 11:45 PM AEST.

Week 10 Begin Date: 20 Sep 2021

Module/Topic

Full Costing

Chapter

10

Events and Submissions/Topic

Assessment Task 1: Online Test 9

Week 11 Begin Date: 27 Sep 2021

Module/Topic

Budgeting

Chapter

11

Events and Submissions/Topic

Assessment Task 1: Online Test 10

Week 12 Begin Date: 04 Oct 2021

Module/Topic

Revision    

Chapter

Topics 1-11

Events and Submissions/Topic

None

Review/Exam Week Begin Date: 11 Oct 2021

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 18 Oct 2021

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Online Quiz(zes)

Assessment Title
Online Test

Task Description

Each of the 10 on-line tests is worth 1% of the total grade for the unit. The on-line tests 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 upcoming week's workshop. For example on-line Test 1 (open on the Friday of week 1 and close on Monday of week 2) will assess the content to be taught in week 2. The purpose of the on-line test is to enable the students to prepare for the workshop prior to listening to the recorded lecture and undertaking the weekly zoom workshop activities. This will allow students to grasp the material covered during the workshop, engage effectively their peers, and create a good learning environment in the workshop. Each on-line test will open at 12.00 PM AEST on the Friday and close at 09:00 am on Monday the following week. You have a window of 68 hours to review your learning materials and attempt the on-line test.

You have only one attempt for each on-line test and you have 20 minutes to complete the task. Each test will consist of 10 multiple choice questions.


Number of Quizzes


Frequency of Quizzes

Weekly


Assessment Due Date

Due every week from weeks 2 to 11.


Return Date to Students

Results will be available on Moodle immediately after the close of each online test.


Weighting
10%

Assessment Criteria

The assessment criteria for this weekly online assessment includes the ability to read and understand the basic accounting concepts in the relevant chapter by reading through the lecture slides provided and a brief review of the specific chapter in the text book, that will equip the students to better understand the Lecture and then actively engage in the workshops.

The online quick will be marked electronically and will assess students on their ability to understand the basic concepts outlined in the Lecture slides provided.


Referencing Style

Submission
Online

Submission Instructions
Submit within 20 minutes from starting time. You only have one attempt for each test. Please start the test at least half an hour before it closes at 9am on the Monday. The test closes at 9am and the system will log you out automatically.

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
  • Self-management
  • Ethical and Professional Responsibility

2 Practical and Written Assessment

Assessment Title
PRACTICAL AND WRITTEN ASSESSMENT (PART A & B)

Task Description

This assessment task consists of two parts - PART A - An Individual written assignment due in Week 5 worth 10% and PART B - Group Written Assessment due in Week 9, 20%.

PART A - This assessment tasks consists of a an individual practical written assignment on the student's existing/current working organisation.

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.

Part A will be available on moodle in Week 2  and due in Week 5, and Part B will be available in moodle in Week 5 and is due in Week 9.

Part B is wroth 10% and is to be completed individual by each student. Part B 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 20% of the total grade for the unit.


Assessment Due Date

Week 5 Thursday (12 Aug 2021) 11:45 pm AEST


Return Date to Students

Week 7 Monday (30 Aug 2021)


Weighting
30%

Assessment Criteria

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.


Referencing Style

Submission
Online Group

Submission Instructions
Individual assignments to be submitted by every individual student. Group assignments to be submitted by one student on behalf of his/her group.

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
  • Self-management
  • Ethical and Professional Responsibility
  • Leadership

3 Take Home Exam

Assessment Title
Take Home Exam

Task Description

The take-home exam 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 take-home exam.

The take-home exam will involve:

1. Downloading a document from Moodle that contains the questions,

2. Completing answers to these questions in a Word document, and

3. Submitting your document in Moodle.

Further information on the take-home exam will be available in Moodle.


Assessment Due Date

Students will be provided 3.5 hours to undertake the take-home exam. This includes, reading time and time to download and upload exams.


Return Date to Students

The take home exam marks will be released when the final grades are released by the university.


Weighting
60%

Assessment Criteria

No Assessment Criteria


Referencing Style

Submission
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
  • Self-management
  • Ethical and Professional Responsibility

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.