LOGS12003 - Logistics Accounting & Budgets

General Information

Unit Synopsis

In the majority of commercial organisations, the opinions of accountants carry the most weight. It is therefore necessary that logistics professionals understand accounting terminology and the accounting approach to business decisions. The unit develops an understanding of management accounting and the challenges of relying on accounting reports in a logistics setting. Based on accounting principles, students critically examine logistics operations to identify areas of financial strength and weakness in understanding and improving logistics operations. The unit analyses options for translating logistics operational events into management accounts and budgets and seeks to develop diagnostic and prescriptive skills in relation to accounting for the total costs of an organisation’s supply chains.

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 There are no pre-requisites for the 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).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 1 - 2021

There are no availabilities for this unit on or after Term 1 - 2021

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

This information will not be available until 8 weeks before term.
To see assessment details from an earlier availability, please search via a previous term.

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

Past Exams

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Previous Feedback

No previous feedback available

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: Have Your Say
Feedback
Need a bit more information on exam advise and make sure it has somewhere clearly outlined that the exam is open book.
Recommendation
Ensure that students are informed about the structure of the exam, format of questions, number of questions, topics coverd by exam, marks allocated, time available for the exam and whether closed or open book. Most importantly, any changes must be advised to students in advance to the extent this is possible.
Action Taken
In 2019, LOGS12003 students were satisfied with the information provided to them regarding the structure of the exam, format of questions, number of questions, topics covered by exam, marks allocated, time available for the exam and whether closed or open book.
Source: Have Your Say
Feedback
Qualitative comments indicated that the direct contact with and support from the Unit Coordinator was important for Distance students.
Recommendation
Continue to contact students on a regular basis to monitor progress and support needs.
Action Taken
Nil.
Source: Have Your Say
Feedback
Qualitative comments indicated the the feedback provided on assessment was prompt and helped support student learning.
Recommendation
Continue to provide quality, instructive and timely feedback on all assessment items.
Action Taken
Nil.
Unit learning Outcomes
This information will not be available until 8 weeks before term.
To see Learning Outcomes from an earlier availability, please search via a previous term.