ACCT19060 - Management Accounting

General Information

Unit Synopsis

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

Level Undergraduate
Unit Level 2
Credit Points 6
Student Contribution Band 3
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Prerequisite: ACCT11081 or ACCT19084

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 1 - 2019

Term 1 - 2019 Profile
Brisbane
Melbourne
Online
Rockhampton
Sydney
Term 2 - 2019 Profile
Brisbane
Bundaberg
Cairns
Mackay
Melbourne
Online
Rockhampton
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).

Assessment Overview

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.

Assessment Tasks

Assessment Task Weighting
1. Online Quiz(zes) 20%
2. Practical and Written Assessment 30%
3. Examination 50%

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 Procedures for more details of interim results and final grades

Past Exams

To view Past Exams, please login
Previous Feedback

Term 1 - 2018 : The overall satisfaction for students in the last offering of this course was 4.2 (on a 5 point Likert scale), based on a 37.66% response rate.

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.

Source: Student evaluations
Feedback
Make solutions of on-line quizzes available.
Recommendation
A databank of questions for the on-line quizzes was developed from the publisher of the textbook's resources. This databank questions are used every term and every year and consequently cannot be made available.
Action Taken
No action taken as solutions to the databank cannot be made available to students
Source: Student evaluations
Feedback
The textbook is very well written, with lots of exercises and examples.
Recommendation
The textbook will be used for at least three years.
Action Taken
The new textbook was used in term 1 2017 for the first time and will be continued to be used until at least the end of 2019.
Source: Student evaluation
Feedback
Some YouTube videos are no longer available
Recommendation
All YouTube videos will be removed
Action Taken
Nil.
Source: Student evaluation
Feedback
The best aspect of this unit is the Unit Coordinator. Natasja's lectures and video recordings are very thorough and helpful as she goes through discussion questions and practice questions/examples.
Recommendation
Will continue with this practice
Action Taken
Nil.
Source: Student evaluation
Feedback
Have a 'practice' quiz to help students understand how the quiz is set up.
Recommendation
A 'practice' quiz will be developed for term 1 2019
Action Taken
Nil.
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Exercise judgment under supervision to provide possible solutions to routine problems and make decisions in management accounting
  2. 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
  3. 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)
2 - Practical and Written Assessment
3 - Examination
Alignment of Graduate Attributes to Learning Outcomes
Introductory Level
Intermediate Level
Graduate Level
Graduate Attributes Learning Outcomes
1 2 3
1 - Communication
2 - Problem Solving
3 - Critical Thinking
Alignment of Assessment Tasks to Graduate Attributes
Introductory Level
Intermediate Level
Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9
2 - Practical and Written Assessment
3 - Examination
1 - Online Quiz(zes)