Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Samantha Sin
Contact via ACCG106@mq.edu.au
E4A344
Tuesday 9am to 11am
Teaching Administrator
kim Lu
Teaching Administrator
kim Lu
Contact via ACCG106@mq.edu.au
E4A Level 3
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Credit points |
Credit points
3
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Prerequisites |
Prerequisites
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit equips students to understand accounting as a useful tool for management decision making. Students develop an understanding of the principles of financial and management accounting from a user perspective. Topics include: the environment of accounting; recording business transactions; information on the income statement and balance sheet; analysis and interpretation of financial reports; budgeting; cost-volume-profit analysis; and financing a business. By the end of the unit students are able to explain the usefulness of financial and management accounting information and describe different types of accounting information for both internal and external users. Students develop graduate capabilities in a range of areas including critical analysis of accounting information, problem solving skills and written and oral communication skills.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Due |
---|---|---|
Assessed Coursework | 10% | In tutorials |
Tests (in-session) | 50% | Weeks 4, 8 and 13 |
Assignment | 30% | Week 11 |
Oral presentation | 10% | as rostered |
Due: In tutorials
Weighting: 10%
Weekly homework submissions in registered tutorials. There will be no homework collection in Week13.
Each submission is worth 1 mark, the best 10 contribute to the 10%.
Late submission will not be accepted. If students miss two or more homework submissions, they need to apply for Disruption to Studies via ask.mq.edu.au and supply evidence of illness or unavoidable disruption. Homework will not be collected if your tutorial falls on a public holiday.
Due: Weeks 4, 8 and 13
Weighting: 50%
This assessment task comprises a series of 3 tests.
Test #1 is an online test and is worth 10%. It will be conducted in Week 4. The time duration that the test will be opened online will be available on iLearn closer to the time of the test. Test #1 also serves as an early diagnostic task and the result of the test will be available in Week5.
Test #2 is worth 15% and it will be conducted during scheduled lecture times in Week 8. The duration of the test is 1 hour. This is a written test and students must do the test in their registered lecture stream. Further instructions will be given at the ACCG106 iLearn site closer to the date of the test. The marked test papers will be returned to students in tutorials in Week 10.
Test #3 is worth 25% and it will be conducted during scheduled lecture times in Week 13. The duration of the test is 1hour and 30 minutes. This is a written test and students must do the test in their registered lecture stream. Further instructions will be given at the ACCG106 iLearn site closer to the date of the test.
There will be strict ID checks and adequate supervision in the lecture halls during the tests to ensure security and integrity of the assessments.
Disruption to Studies: The outcome of an approval for Tests #1 and #2 is re-weighting of the following test. I.e. approval for Test #1 is a re-weighting of Test #2 (to 25%) and approval for Test #2 is re-weighting of Test #3 (to 40%). The outcome of an approval for Test #3 is a supplementary test. The supplementary test will be conducted in the period as scheduled in the FBE Supplementary Examination Timetable. Students with approvals for a supplementary test must sit for the test in this period. Failure to attend the supplementary test on the scheduled date will result in a zero mark for the test.
Due: Week 11
Weighting: 30%
This is a group assignment. A group mark will be given to each group based on the group's submission. There is a requirement to document the workload and contribution of each group member. The unit coordinator reserves the right to moderate the marks of individual group members.
The assignment package will be available at the ACCG106 iLearn site in Week 4.
Due date: In Week 11 in the registered tutorial of the groups.
There will be no extension of the due date unless there is an approval for Disruption to Studies.
Due: as rostered
Weighting: 10%
Students will present in groups in their registered tutorials.
However, students will be assessed individually and an individual mark will be given to each presenter.
Further details will be available at the ACCG106 iLearn site in Week 4.
Disruption to Studies: the outcome of an approval is presentation at another date.
Students have the choice of one of the following purchasing options for the recommended textbook:
1) Accounting: Information for Business Decisions. Authors: Cunningham, Nikolai, Bazley, Kavanagh, Slaughter and Simmo. Revised Edition. Publisher: Cengage.
2) E-Book version in full or by the chapter is also available.
The textbook is available for purchase from the Macquarie University Co-op Bookshop and is also available in the Closed Reserve section at the library.
• For information go to http://www.businessandeconomics.mq.edu.au/undergraduate_degrees/prizes_scholarships
Students need to have access to the internet to use the publisher's online support study resources.
Week |
Chapter in the textbook |
Topic |
1 | 1 | Introduction to business accounting and the role of professional skills |
2 | 2 | Developing a business plan: Cost-volume-profit analysis |
3 | 3 | Developing a business plan: Budgeting |
4 | 4 | The accounting system: Concepts and applications (Test #1, format of test to be given later) |
5 | 5 | Recording, storing and reporting accounting information |
6 | 7 | The income statement: content and use |
Mid-semester break | ||
7 | 8 | The balance sheet: Content and use |
8 | 10 | Sustainable business (Test #2 in lectures) |
9 | 9 | The cash flow statement: Content and Use |
10 | in iLearn | Financial Statement Analysis |
11 | 12 | Capital investment |
12 | in iLearn | Financing the business |
13 | Test #3 in lectures |
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html
Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
The nature of scholarly endeavour, dependent as it is on the work of others, binds all members of the University community to abide by the principles of academic honesty. Its fundamental principle is that all staff and students act with integrity in the creation, development, application and use of ideas and information. This means that:
Further information on the academic honesty can be found in the Macquarie University Academic Honesty Policy at http://www.mq.edu.au/policy/docs/academic_honesty/policy.html
Macquarie University uses the following grades in coursework units of study:
Grade descriptors and other information concerning grading are contained in the Macquarie University Grading Policy which is available at:
http://www.mq.edu.au/policy/docs/grading/policy.html
If, at the conclusion of the unit, you have performed below expectations, and are considering lodging an appeal of grade please refer to the following website which provides information about these processes and the cut off dates in the first instance. Please read the instructions provided concerning what constitutes a valid grounds for appeal before appealing your grade.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/.
When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.
Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.
This graduate capability is supported by:
We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.
This graduate capability is supported by:
We want to develop in our students the ability to communicate and convey their views in forms effective with different audiences. We want our graduates to take with them the capability to read, listen, question, gather and evaluate information resources in a variety of formats, assess, write clearly, speak effectively, and to use visual communication and communication technologies as appropriate.
This graduate capability is supported by:
We want our graduates to be aware of and have respect for self and others; to be able to work with others as a leader and a team player; to have a sense of connectedness with others and country; and to have a sense of mutual obligation. Our graduates should be informed and active participants in moving society towards sustainability.
This graduate capability is supported by:
· This unit uses research from both Macquarie University and external sources.
· This unit gives students opportunities to apply research findings.
· This unit gives students opportunities to conduct research.