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.


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.
Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 2 - 2019

Term 2 - 2019 Profile

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. Written Assessment 20%
2. Written Assessment 40%
3. Examination 40%

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

Term 2 - 2018 : The overall satisfaction for students in the last offering of this course was 3 (on a 5 point Likert scale), based on a 20% 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: Have Your Say
Need a bit more information on exam advise and make sure it has somewhere clearly outlined that the exam is open book.
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
Unit learning Outcomes

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

  1. Critically analyse profit and loss statement and balance sheet as the basis for understanding the financial situation of your own organisation, suppliers and customers.
  2. Evaluate the return on investment (ROI) methodology and the influence of logistics activities on working capital, cash flow and cash to cash cycle of a business.
  3. Critically examine costing models for their benefit in improving supply chains and logistics.
  4. Assess and discuss traditional management accounting approaches against the cost information needs for analysing supply chains and logistics.
  5. Evaluate the methodology and structure of an annual budget and critically evaluate the basis of an annual budget verses a continuous budget for logistics operations.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4 5
1 - Written Assessment
2 - Written Assessment
3 - Examination
Alignment of Graduate Attributes to Learning Outcomes
Introductory Level
Intermediate Level
Graduate Level
Graduate Attributes Learning Outcomes
1 2 3 4 5
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
7 - Cross Cultural Competence
8 - Ethical practice
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
1 - Written Assessment
2 - Written Assessment
3 - Examination